Carlson Names New CEO

Carlson, the Minneapolis-based owner of Carlson Wagonlit Travel, T.G.I. Friday's restaurants and the Carlson Rezidor Hotel Group — which includes more than 1,300 Radisson, Radisson Blu, Park Plaza, Park Inn and Country Inns & Suites hotels — has named Trudy Rautio its new president and CEO, effective immediately, it announced Sunday.

"I am honored to accept the leadership role of this dynamic company," said Rautio, who has been a senior executive with Carlson for 15 years, the past eight of which she's served as executive vice president and chief financial and administrative officer. "I am appreciative of the support given to me by the board of directors and the members of the Carlson family and am excited about the future opportunities for each of our businesses."

Rautio, who is only the fifth CEO in Carlson's 74-year history, replaces Hubert Joly, who became president and CEO in 2008 and has "resigned from the position to pursue other career opportunities," according to the company.

"With Hubert Joy's leadership through some very difficult financial times, Carlson is on strong financial footing," said Carlson Board Chair Marilyn Carlson Nelson. "Hubert was hired as Carlson's first non-family CEO and we are grateful for his contributions to our company."

Rautio is Carlson's second female president and CEO. Its first was Nelson. "Trudy has the full confidence and support of the Carlson family and board of directors," Nelson said. "We are poised to accelerate our growth and Trudy has the experience, leadership and vision for Carlson's exciting next chapter."