Steven J. Heyer resigned as CEO of Starwood Hotels & Resorts Worldwide, a position he held since October 2004.
Bruch W. Duncan, Starwood’s chairman of the board, has taken over as the company’s interim CEO until the corporation finds a replacement.
In a statement, Stephen R. Quazzo, chairman of the governanace and nominating committee for Starwood’s board of directors said, “While the Board appreciates the good work Steve Heyer has done to position Starwood for the future, issues with regard to his management style have led us to lose confidence in his leadership.”
Starwood’s board of directors is conducting a national search for a new CEO.
