CWT announces the appointment of Michelle McKinney Frymire as Chief Executive Officer

MINNEAPOLIS,
US – EQS Newswire – 28
April 2021 – CWT, the Business-to-Business-for-Employees (B2B4E) travel
management platform, today announces the appointment of Michelle McKinney
Frymire as Chief Executive Officer with effect from 1 May 2021. Incumbent Kurt
Ekert will be stepping down and will take on the role of senior advisor to the
company.

Michelle McKinney Frymire – CEO

Michelle joined CWT in 2019 and has over 20 years’ travel industry
experience. Her leadership has spanned a broad range of functions with notable
leadership roles as the CFO at Starwood Vacation Ownership and Delta Technology
(a division of Delta Airlines), as well as Continental Airlines and Delta Air
Lines. In addition, she held senior executive positions at several private
equity portfolio companies where she led Strategy, Technology, HR, Corporate
Development and Finance. Michelle currently serves on the Board of Directors
for Family Gateway in Dallas, Texas and was appointed CWT’s President, Strategy
& Transformation and Chief Financial Officer in October 2020. She holds a
bachelor’s degree in economics from Austin College, and an MBA from the McCombs
School of Business at The University of Texas.

 

“I am delighted to welcome Michelle to the role of leading
our company into the next phase of our development, building on the successes
of recent years*, and continuing to push us into achieving our true
potential,” said Rick Gage, Chair of CWT’s parent
company, CTII Holdings, Inc. “Following a strong and dynamic
performance in her most immediate role as President, Strategy &
Transformation and Chief Financial Officer, Michelle’s leadership skills will
be key to our future accomplishments and continued development. As a natural
development in our succession planning, I am also pleased that Kurt will remain
an advisor to CWT, and I thank him for his leadership and impact.”

 

*Over the past five years, CWT has won approximately US$7 billion
of new business, consistently grown market share, and built and scaled multiple,
industry-leading offerings including RoomIt, follow-the-sun servicing,
myCWT, messaging, and the China technology platform.

 

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