NEW
YORK, Aug. 1, 2024 /PRNewswire/ -- Hornblower
Group is pleased to announce the appointment of Mike Flaskey as its new Chief Executive Officer,
effective immediately. Flaskey brings to the Hornblower portfolio a
wealth of relevant experiences, having previously held senior
leadership positions at Wyndham Vacation and Starwood Hotels &
Resorts and Diamond Resorts. At Diamond, Flaskey rose from Chief
Sales & Marketing Officer to COO, and ultimately CEO. He led
the company with a keen focus on guest experiences through a period
of significant growth culminating in its acquisition by Hilton
Grand Vacations in 2021. Since then, he has served as a Senior
Advisor to the McKinsey Travel, Leisure & Infrastructure
practice and to the CEO of Capital Vacations. He also serves as an
Independent Director for Invited Clubs.
"We are thrilled to welcome Mike as Hornblower's new CEO," said
Jonathan Waggoner, Co-Head of the
North American Operating Team at Strategic Value Partners. "He has
a clear vision for the future of Hornblower. He has a true passion
for the operators who deliver our service day in and day out, and
he has the experience needed to lead our company through the next
phase of growth and innovation."
In response, Flaskey shared, "I am honored to join Hornblower
Group at such an exciting time. I look forward to working with the
talented team to continue building on the company's strong
foundation and to explore new opportunities for growth and
success." He continued, "Hornblower is ahead of the curve with the
significant experience-based initiatives across their business
units. Touching over 20 million guests in-person annually in our
various business units create unlimited flexibility to grow the
company."
Hornblower Group wishes to thank Kevin
Rabbitt for his years at the helm of the company. Kevin's
strategic vision and commitment to excellence have been pivotal in
achieving key milestones and preparing the company for the
future.
CLICK HERE for Mike Flaskey's
headshot.
About Hornblower Group
Hornblower Group is a
global leader in experiences and transportation. Spanning a
100-year history, Hornblower Group's portfolio of international
offerings includes water-based experiences (dining and sightseeing
cruises), land-based experiences (walking tours and food tours) and
ferry and transportation services. City Experiences,
Hornblower Group's premier experience division, offers land- and
water-based experiences as well as ferry and transportation
services. Hornblower Marine, a subsidiary of Hornblower
Group, provides vessel outhaul and maintenance services at
Bridgeport Boatworks in Bridgeport,
Connecticut. Additionally, Anchor Operating System,
LLC, a subsidiary of Hornblower Group and independent
entity, provides reservation, ticketing, and website integration
services for clients in the transportation, tourism, and
entertainment industries. Today, Hornblower Group's global
portfolio covers a dozen countries and territories, over 50 U.S.
cities and serves more than 20 million guests annually.
Headquartered in San Francisco,
California, Hornblower Group's additional corporate offices
reside in Boston, Massachusetts;
Chicago, Illinois; London, United Kingdom; New York, New York; Dublin, Ireland; and across Ontario, Canada. Majority ownership of
Hornblower is with funds managed by investment firm Strategic Value
Partners (SVP). For more information, visit hornblowercorp.com.
About Strategic Value Partners
SVP is a global
alternative investment firm that focuses on special situations,
private equity, opportunistic credit, and financing opportunities.
The firm uses a combination of sourcing, financial and operational
expertise to help its portfolio companies unlock value and
accelerate their businesses. SVP has significant influence or
control with respect to more than 15 businesses around the world,
which have approximately 100,000 employees and over $12
billion in revenues. The firm invests in a broad range of
sectors including significant experience in travel and
transportation, with influence or control of leading global
businesses including major toll roads, an aircraft manager and
lessor, and an airport services company. Today, SVP manages
over $18 billion in assets under management, and since
inception, has invested more than $47 billion of capital.
The firm has over 200 employees, including over 100 investment
professionals, across its main offices in Greenwich (CT)
and London, and additional offices in New
York and Tokyo. Learn more at www.SVPGlobal.com.
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SOURCE Hornblower Group