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Kerzner International Announces Departure of its CEO

April 23, 2016 Business News No Comments Print Print Email Email

Kerzner International Holdings Limited (the “Company”) today announced that Alan Leibman will step down as Chief Executive Officer, a position he has held since 2012.

His Excellency Mohammed Al Shaibani, Executive Director & CEO of Investment Corporation of Dubai, and Chairman of Kerzner International Holdings said, “On behalf of the Board and all my colleagues, I would like to express my thanks to Alan for his commitment and hard work, and our appreciation of his dynamic leadership and untiring management while at the helm at Kerzner.” He added, “I wish him all the very best as he moves on to pursue his personal endeavours.”

Kerzner further announced that it has finalized the appointment of a new CEO. Details of the new appointment will be announced imminently. In the interim, His Excellency Mohammed Al Shaibani will work closely with the executive team until the new CEO is announced.

Alan Leibman commented, “I am incredibly proud of all that has been accomplished at Kerzner International over the last 23 years. I am honoured to have worked with an amazing team that would always rise to meet every challenge, an incredibly supportive Board of Directors, and world-class partners.” He added, “After 23 years, I believe now is the ideal time to turn my attention to other challenges and fulfilling my personal passions. I am confident that the Company will continue to flourish through creativity and innovation, delivering the best hospitality and entertainment experience and the highest levels of service in the industry.”

Kerzner International Holdings Limited, through its subsidiaries, is a leading international developer and operator of destination resorts, ultra-luxury hotels and residences and innovative entertainment and gaming experiences. Kerzner’s flagship brand Atlantis, includes Atlantis, The Palm, Dubai, a 1,500-room, water-themed resort on The Palm, overlooking the Arabian Sea and mainland Dubai; and Atlantis, Sanya Hainan in China, under development, as well as The Royal Atlantis Resort and Residences in Dubai. Under the One&Only brand, Kerzner manages nine of the top-rated luxury resort properties in the world, located in The Bahamas, Mexico, Mauritius, the Maldives, South Africa, Dubai and Australia. Additionally, Mazagan Beach & Golf Resort, a 500-room destination golf and casino resort in Morocco, is also operated by Kerzner. For more information concerning Kerzner and its operating subsidiaries, visit kerzner.com.

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