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)
Copyright (c) 2024 Dow Jones & Company, Inc.
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