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Hotel Industry News |
Sunday September 7th, 2008 |
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Butch Kerzner, CEO of Kerzner Killed in Helicopter Crash |
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Butch Kerzner, CEO of Kerzner International Holdings Limited, was in a helicopter accident while surveying potential development sites for the Company in the Dominican Republic. |
He was onboard with one additional passenger and two pilots. There were no survivors of the crash.
It is with great sadness that the Company reports the tragic loss of Butch Kerzner. Sol Kerzner, Chairman and founder of the Company and father of Butch Kerzner, is en route to the Dominican Republic, after which he will immediately return to the Company's headquarters in The Bahamas.
Paul O'Neil, former CEO of the Company's Paradise Island business, its largest operations, and a current member of the Company's Board of Directors, has been appointed acting CEO of the Company, effective immediately. The Company will provide further information as it becomes available.
Butch Kerzner, 42, was appointed CEO in January 2004 and is survived by his wife and two young children.
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