TORONTO — After an extensive search by its shareholders, Four Seasons Hotels and Resorts has named real-estate investment executive Allen Smith its new CEO.

Smith, 56, was previously CEO of Prudential Real Estate Investors, a Newark, N.J.-based real-estate investment management company. His experience includes hotel investment, commercial property investment, organizational development, portfolio management, corporate finance and business operations.

“I could not be more pleased with the selection of Allen to lead Four Seasons forward,” said Isadore Sharp, founder of Four Seasons Hotels and Resorts. “He shares the vision and values of our organization and will complement our outstanding executive management team and inspire our exceptional employees around the world. Allen has demonstrated a commitment to excellence and will ensure that Four Seasons further enhances its position as the world’s leading luxury hotel brand.”

Smith will assume the position Sept. 23.


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