RADIUS Elevates CFO Shannon Hyland to CEO Position

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Chris Vasiliou retires following tenure marked by global growth.

Shannon Hyland, RADIUS President and CEO

I look forward to leading the RADIUS team as we work with our outstanding network to accelerate our considerable momentum around the world.

RADIUS, a leading provider of global travel management solutions, today announced the appointment of Shannon Hyland as President and Chief Executive Officer. Hyland joined RADIUS in 2008 as Chief Financial Officer and has led the company’s supplier relationships.

Hyland succeeds Chris Vasiliou, a thirty-year travel industry veteran who has served as RADIUS CEO since 2008. Vasiliou’s tenure featured significant growth in the company’s global travel management business, as well as the close of a major investment round in 2011 led by RADIUS members Cox & Kings, Portman Travel and Travel and Transport.

Hyland brings more than twenty years travel industry experience to his new role. Prior to joining RADIUS, Hyland held CFO positions with Groople, an online group travel planning company, as well as Mark Travel and Cendant’s Galileo Americas. He also has served in senior finance and operations roles for America West, United and Continental airlines.

“I look forward to leading the RADIUS team as we work with our outstanding network to accelerate our considerable momentum around the world,” said Hyland. “All of us at RADIUS are grateful for Chris Vasiliou’s leadership over the past several years, and we know we are well-positioned to continue our global growth.”

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About RADIUS
RADIUS designs and delivers custom global travel management solutions for multinational companies. RADIUS programs combine global account management and data consolidation with the local service and support of a network of best-in-market TMCs in 3,300 locations across 80 countries. RADIUS membersmanage more than USD 21 billion of annual corporate travel spending, and the RADIUS Global Hotel Program, featuring the world’s leading hotel brands, is one of the largest in the corporate travel market. RADIUS corporate offices are in Bethesda, Maryland (US), London, Sao Paulo and Singapore.

To learn more, visit http://www.radiustravel.com.

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Diana Doody
RADIUS
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