Frits van Paasschen
Chief Executive Officer and President,
Starwood Hotels & Resorts Worldwide, Inc.
Director since: 2007
Mr. van Paasschen has been Chief Executive Officer and President of the Company since September 2007. From March 2005 until September 2007, he served as President and Chief Executive Officer of Molson Coors Brewing Company’s largest division, Coors Brewing Company, a brewing company, prior to its merger with Miller Brewing Company and the formation of MillerCoors LLC. Prior to joining Coors, from April 2004 until March 2005, Mr. van Paasschen worked independently through FPaasschen Consulting, a consulting company, and Mercator Investments, a private equity firm, evaluating, proposing, and negotiating private equity transactions. Prior thereto, Mr. van Paasschen spent seven years at Nike, Inc., a designer, developer and marketer of footwear, apparel and accessory products, most recently as Corporate Vice President/General Manager, Europe, Middle East and Africa from 2000 to 2004. From 1995 to 1997, Mr. van Paasschen served as Vice President, Finance and Planning at Disney Consumer Products, a business segment of The Walt Disney Company that extends the Disney brand to a range of merchandise, and earlier in his career was a management consultant for eight years at the global management consulting firm of McKinsey & Company and the Boston Consulting Group.
As the Company’s Chief Executive Officer and President for the past five years, Mr. van Paasschen has valuable insight into, and a unique understanding of, the Company’s operations, management and culture and provides an essential link between management and the Board on management’s business perspectives. His specific experience with the Company, combined with his extensive managerial experience and knowledge of the hotel and leisure industry generally, make him essential to developing the strategic plan for the Company.
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