Latest news with #AvoyaTravel
Travel Weekly
11-06-2025
- Business
- Travel Weekly
Marc Kazlauskas named Avoya Travel CEO
Marc Kazlauskas will head Avoya Travel as its CEO, effective Aug. 4. Marc Kazlauskas Kazlauskas, currently the president of travel agency Frosch and managing director of JP Morgan Chase (Frosch's parent), will take the reins after previous co-CEOs Jeff and Michael Anderson sold their stake in Avoya to Certares, a private equity firm that invested in Avoya in 2021 and now has full owner host agency. Before joining Frosch in 2014 as its president of leisure, Kazlauskas was the president of Insight Vacations' U.S. division for 12 years. He has also held executive roles at Tauck, Trafalgar and Orient Lines. Jeff and Michael Anderson are staying with the host agency through mid-June to help with the transition. Avoya's executive leadership team, including chief sales officer Phil Cappelli and CFO Mark Francone, remain in their roles.
Travel Weekly
05-06-2025
- Business
- Travel Weekly
Anderson family sells stake in Avoya Travel to Certares
The Anderson family has sold its stake in Avoya Travel to Certares, the private equity firm that invested in the host agency in 2021. Certares has acquired full ownership of the company. Co-CEOs Jeff Anderson and Michael Anderson will remain with Avoya through mid-June to assist in the transition. Other members of Avoya's executive leadership team -- including chief sales officer Phil Cappelli and CFO Mark Francone -- remain with the host agency. "We're grateful to Jeff Anderson and Michael Anderson, who helped build Avoya into an innovative leader in leisure travel," Avoya said in a statement. The Anderson family had operated Avoya for decades. The late Pal Anderson, Avoya's founder, and his wife, Pat, entered the travel industry with a tour operation in Hawaii in 1964. They would go on to start a retail travel agency that eventually became Avoya. Its hosting operation began alongside the rise of the internet in the early 2000s. Pat and Pal's sons, Brad and Van, ran the company for years before handing over the reins to Jeff and Michael.
