President and CEO of Island Hospitality steps down

Officials of Island Hospitality Management announced that Tim Walker, previously president and CEO stepped down from his position to pursue other business opportunities.

“Tim has been with the company for 18 years, starting as a general manager and rising to the head of the company,” said Jeffrey H. Fisher, principal. “He has accomplished everything he wanted to do at Island Hospitality at the highest level and we wish him all the best and great success in his future endeavor.  Fortunately, our senior management team already in place allows us to continue in a business-as-usual-mode.”

Three members of the company's long-time senior management team will lead the company moving forward. Gregg Forde, SVP of operations who has been with the company since 2003, will continue to oversee the day-to-day supervision of the company's more than 80 third-party managed properties. SVP of sales and marketing and a 10-year veteran of the company, Jeff Waldt, will be responsible for all sales and marketing efforts. In addition, Waldt will be responsible for the company’s new business development. Roger Pollak, SVP of accounting who joined the company in 1995, will direct the company’s corporate office functions.

FREE DAILY NEWSLETTER

Like this story? Subscribe to Operations!

Hospitality professionals turn to Operations as their go-to source for breaking news on guest rooms, food & beverage, hospitality trends, management, and more. Sign up today to get news and updates delivered to your inbox daily and read on the go.

Suggested Articles

Ahead of the Mediterranean Resort & Hotel Real Estate Forum, Joachim Schmitt discusses the hospitality investment climate.

Extended-stay demand continues to grow. That means development isn't slowing down anytime soon.

The 286-room Moxy NYC East Village is the third of four Moxy Hotels Lightstone Group plans on opening in the city.