What's Happening?
Holiday Inn Club Vacations Incorporated (HICV) has announced the appointment of Jim Mikolaichik as its new Chief Executive Officer, effective December 1, 2025. Mikolaichik will succeed John Staten, who will step down but remain in an advisory role until
March 31, 2026, to ensure a smooth transition. Mikolaichik brings over 30 years of experience in business and executive leadership, particularly in the hospitality and consumer-facing industries. His previous roles include Executive Vice President and Chief Financial Officer at Diamond Resorts and Chief Financial Officer at Hilton Grand Vacations. His leadership at Diamond Resorts was instrumental in its expansion and eventual sale to Hilton Grand Vacations in 2021. Additionally, Mike Flaskey, a former CEO of Diamond Resorts, will join the HICV Board, bringing expertise in experiential travel and strategic partnerships.
Why It's Important?
The appointment of Jim Mikolaichik as CEO marks a significant leadership change for Holiday Inn Club Vacations, a major player in the vacation ownership industry. Mikolaichik's extensive experience in driving growth and transformation in the hospitality sector is expected to bolster HICV's strategic initiatives and enhance customer experiences. His leadership could lead to new growth opportunities and strengthen the company's market position. The inclusion of Mike Flaskey on the board further emphasizes HICV's commitment to leveraging industry expertise to navigate the evolving landscape of vacation ownership. This leadership transition is crucial for maintaining competitive advantage and ensuring continued success in a highly competitive industry.
