Corporate Travel Giant CWT Names New CEO — Again

Skift grip

Michelle McKinney Frymire had only been in the management role for 12 months, but that probably seemed much longer given the turmoil the travel company has been through. In theory, new CEO Patrick Andersen has a more stable ship to sail.

Matthew Parson

Michelle McKinney Frymire steps down as CEO of CWT On May 1, with the announcement of her departure as abrupt as her appointment a year ago when she replaced Kurt Ekert.

The travel management giant announced on Monday that it has now named chairman and chief commercial officer Patrick Andersen to take over as CEO, effective May 1. He will also sit on the company’s board of directors.

CWT said McKinney Frymire, who oversaw an extraordinary year at the company, including a brief period of bankruptcy, has simply decided to resign from his role at the company.

She joined CWT in 2019 and previously served as CFO of Starwood Vacation Ownership and Delta Technology, as well as Continental Airlines and Delta Air Lines. She has also held senior management positions in several private equity firms

“Leading CWT through such a critical phase in its evolution has been a great honor,” she said. “We have made substantial achievements in extraordinary times, and I am grateful to our global team and our customers for their trust and supportive partnership. Now, with a solid financial foundation in place, CWT is able to accelerate its growth plan and I am delighted to hand over to Patrick.

Andersen spent 13 years in international leadership roles with the company. Prior to his role as president and chief commercial officer, Andersen served as chief strategy officer and before that president of the Americas.

“As demand for travel increases, CWT is well positioned to invest and grow its industry leadership and global relationships,” he said. Above all, I will continue our commitment to our core values ​​and look forward to working with our Board of Directors and the CWT team to improve our technology and further strengthen the travel and event services we provide to our customers. of the whole world.