Four Seasons Hotels Will Hire New CEO in 2022 Under New Majority Ownership

The chief executive at one of the world’s fastest-growing, ultra-luxury hotel companies is set to hand over the top job to an unnamed successor sometime next year. 

Four Seasons Hotels and Resorts CEO John Davison, who has been with the company for nearly 20 years plans to retire in 2022, the company announced Thursday. Davison, 63, joined the company in 2002 as a senior vice president of project financing before rising to a variety of other positions, including chief financial officer. He was named interim CEO of Four Seasons in 2018 before permanently securing the job a year later.

Davison’s retirement announcement came a little more than a month after an investment group controlled by Microsoft co-founder Bill Gates revealed plans to boost its investment in Four Seasons to a majority ownership stake.