Travel + Leisure Finance Chief to Retire

Dow Jones2024-12-20

By Dean Seal

The chief financial officer of Travel + Leisure plans to retire sometime next year.

The timeshare company said Friday that Michael Hug has provided notice of his intent to retire in 2025, either on a date specified after his successor is found or June 1, depending on which comes first.

The company has launched a search to find its next CFO and is considering internal and external candidates.

The decision to retire wasn't the result of a disagreement between Hug and the company, according to a securities filing.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

December 20, 2024 08:06 ET (13:06 GMT)

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