Dieter Huckestein to Retire from Hilton Hotels

Beverly Hills, Calif. -- Dieter Huckestein, chairman and chief executive of Hilton Hotels' Conrad luxury brand, yesterday announced he will retire early next year.

Also president of the Hilton Global Alliance, Huckestein spent most of his 35-year lodging career with Hilton, including 10 years as Hilton's president of owned and managed hotel operations. In that capacity, he oversaw such well-known properties as the Waldorf=Astoria, in New York; Hilton New York; Hilton Hawaiian Village, in Honolulu; and Hilton Chicago.

Huckestein also served on Hilton's Board of Directors for 10 years and was instrumental in creating and developing the Hilton Garden Inn brand.

"Dieter's accomplishments and reputation in the hotel industry are second to none, and our company has benefited significantly from his experience, enthusiasm, and management skills," said Stephen Bollenbach, co-chairman and chief executive of Hilton Hotels Corporation. "All of us at Hilton will miss him and wish him the best in his future endeavors."

Huckestein said he plans to pursue entrepreneurial opportunities, although he provided no details.

"It is difficult to leave so many friends and colleagues, but I am looking forward to starting a new chapter in my life with so many exciting opportunities," Huckestein said.