A long-time executive with Cascade Investment, the company’s majority shareholder, Fritz has served as lead director on the Four Seasons Board since 2022, working closely with the board and company’s executive leadership team to help develop the firm’s long-term strategic plan, it reports.
In his new role, he will continue to lead the board and work closely with Four Seasons President/CEO Alejandro Reynal and the company’s executive leadership team to guide its long-term strategic direction.
“As a steward of the brand, I look forward to continuing to support Alejandro and the management team in maintaining the reputation of excellence Four Seasons has earned over the past 65 years,” said Fritz. “Long-term decision making and a people-centric culture will continue to guide this company forward and add value to all of our stakeholders.”
Reynal added, “Robert has been a deeply engaged and trusted partner to our leadership team and me. He shares our long-term view and our commitment to leading with intention, protecting what defines Four Seasons as we continue to grow.”
Sharp will remain closely involved with the company he founded more than six decades ago, continuing, as he has throughout his career, to represent the brand, engage with its people and uphold the Four Seasons culture based on the golden rule.
“Robert and I have long been aligned on what makes Four Seasons special: Its people,” he said. “As chairman emeritus, I remain closely involved with the company and committed to its future. I have great confidence in Robert’s leadership and in the direction the company is taking.”
Michael Larson, chief investment officer, Cascade, added, “Robert shares Issy’s founding vision of Four Seasons. We are pleased that Robert will continue his active engagement with management and key stakeholders in support of the company’s long-term strategy.”
Four Seasons is privately held by majority shareholder Cascade Investment LLC, along with Kingdom Holding Company and Isadore Sharp, through Triples Holdings Limited.
“Kingdom has been a committed investor in Four Seasons since 1994, and we have seen the company grow into the defining name in global luxury hospitality,” said Sarmad Zok, CEO, Kingdom Hotel Investments. “We warmly welcome Robert Fritz as executive chairman and extend our deepest respect to Isadore Sharp, whose golden rule philosophy remains the foundation of everything Four Seasons represents.”
