Minor International Will Get New Group CEO as Founder Bill Heinecke Plans Succession


Skift Take

Dillip Rajakarier’s biggest achievement is lasting a dozen years with the hugely driven Bill Heinecke, who was once known for short-lived CEOs. Rajakarier earned his stripes well, but if you think Heinecke is retiring — forget it.

Dillip Rajakarier at the start of the new year will replace Bill Heinecke as group chief executive officer of Minor International while maintaining his role as CEO of Minor Hotels. Heinecke, founder of the publicly listed hospitality, restaurants, and lifestyle company in Thailand, will assume a new position as chairman of the executive management committee while retaining his position as chairman of the board. The American entrepreneur, 70, also retains his indefatigable energy and passion, telling Skift he is stepping up, not down, when asked about the Rajakarier’s promotion. “Not stepping down but stepping up and focusing more on our strategy,” Heinecke said. “Dillip has worked with me for 12 years, and he is fully capable of running the day-to-day operation of Minor international. As chair