Katerina Giannouka has resigned from her position as CEO of Jumeirah Group after just one year, according to a report by Skift, which cited an internal document.
The document, attributed to Dubai Holding group CEO Amit Kaushal, said that Giannouka is leaving to address personal matters and pursue new opportunities outside of the company.
“I wanted to share an important update at Jumeirah Group. Today, Katerina Giannouka sadly steps down as Chief Executive Officer, taking time to address some family matters before embarking on new opportunities outside of the group,” the letter signed by Kaushal reportedly read.
Although she will remain in Dubai for the time being, the letter does not specify her future plans, the report said, adding that Giannouka expressed gratitude for the opportunity to work with Jumeirah Group and Dubai Holding and wished the company continued success, following her departure.
In the interim, Thomas B. Meier, who has been the chief operating officer since 2021, will serve as the interim CEO until a permanent replacement is found.
Jumeirah Group is expected to release an official statement regarding the matter, the report said.
Giannouka joined Jumeirah Group in December 2022, succeeding former CEO Jose Silva. She aimed to double the company’s portfolio and establish it as a global brand by 2030.
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