Wyndham Worldwide Announces Departure of Business Unit Head

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Tue Sep 2, 2008 5:30pm EDT 

  PARSIPPANY, NJ, Sep 02 (MARKET WIRE) -- 
Wyndham Worldwide (NYSE: WYN) today announced that Steven A. Rudnitsky,
president and chief executive officer of the Wyndham Hotel Group business
unit, is leaving the company to pursue other interests. A search for a
new CEO for the business is underway.

    "Steve's leadership transformed our lodging business from a pure domestic
franchise company into a major global franchise and management company
through the acquisition of world-class brands, acceleration of
international hotel development and the strengthening of our core domestic
operations. I thank him for his many valuable contributions. As we search
for his successor, we will be looking for a new leader who can build on
this solid and stable business platform," commented Stephen P. Holmes,
chairman and CEO of Wyndham Worldwide.

    About Wyndham Worldwide

    As one of the world's largest hospitality companies, Wyndham Worldwide
offers individual consumers and business-to-business customers a broad
suite of hospitality products and services across various accommodation
alternatives and price ranges through its premier portfolio of
world-renowned brands. Wyndham Hotel Group encompasses almost 6,550
franchised hotels and almost 551,000 hotel rooms worldwide. Group RCI
offers its more than 3.6 million members access to over 67,000 vacation
properties located in approximately 100 countries. Wyndham Vacation
Ownership develops, markets and sells vacation ownership interests and
provides consumer financing to owners through its network of approximately
145 vacation ownership resorts serving over 800,000 owners throughout
North America, the Caribbean and the South Pacific. Wyndham Worldwide,
headquartered in Parsippany, N.J., employs more than 33,000 employees
globally.

    For more information about Wyndham Worldwide, please visit the Company's
web site at www.wyndhamworldwide.com.

    

Press Contact:
Betsy O'Rourke
SVP Marketing + Communications
Wyndham Worldwide
973 753 7422
Email Contact

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