Munich, 14 September 2021 – The Supervisory Board has resolved on an early extension of Bernold Schroeder’s mandate as Chairman of the Management Board of Kempinski AG and confirmed his role as Chief Executive Officer of the Kempinski Group. Mr. Schroeder has been leading the Group since December 2020, when he was appointed to his present positions.
His Excellency Abdulla H. Saif, Chairman of the Supervisory Board of Kempinski AG, comments on the decision as follows: “Bernold Schroeder has demonstrated his leadership qualities by successfully steering our company through a global pandemic and setting it on a course of sustained long-term growth and profitability as international travel resumes. Bernold is deeply dedicated to the art of carefully crafted guest experiences and firmly committed to our company’s heritage and values. We are convinced that he will drive the company’s future success based on his close relationships with hotel owners as well as his proven capability of adding substantial asset and shareholder value. The Supervisory Board is pleased that he has agreed to continue leading Europe’s pioneering independent luxury hotelier into the future and fully supports his strategic agenda.”
Mr. Schroeder joined Kempinski in 2017 as Vice Chairman of the Management Board and Chief Operating Officer Europe. Previously, he held senior management positions in key growth markets with Pan Pacific Hotels (Singapore), Jin Jiang International (Shanghai) and Banyan Tree Hotels & Resorts. With over three decades of experience in the international hotel industry, he draws on exceptional entrepreneurial and operational leadership skills that combine an astute understanding of a global best-in-class service approach with a sensitivity to the art of luxury and an acumen for managing successful stakeholder relationships.
Bernold Schroeder comments on his appointment: “I am delighted to continue working with our distinguished owners and the fantastic Kempinski team on seizing sustainable growth opportunities. Together with my colleagues on the Management Board and our employees, I want to further enhance the delivery of Kempinski’s brand promise to guests, property owners and shareholders in a socially, environmentally and economically sustainable manner. Despite the challenging times for our industry, we will pursue our plans with optimism and concentrate on executing our strategy in an overall strong and robust sector.”
The early extension of Mr. Schroeder’s mandate reaffirms the Supervisory Board’s long-term commitment to further strengthening the company’s position as a leading independent international hotel luxury brand and trusted business partner.