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fter Hurricane Wilma in 2005, I was among the

employees who moved to the Member-Services

Center for two weeks because the corporate offices

were without power. Quarters were tight as we filled cubicles that the

staff there so graciously gave up. But instead of getting in one another’s

way, we experienced a heightened camaraderie and unity. We came

together each day, working to relocate members whose exchanges

were affected by the storm and to keep the business operating at full

capacity. By all measures, the company’s performance was exceptional

in the aftermath of Wilma, and I believe that it was due in no small part

to the can-do spirit of a close-knit staff.

Not-so-Random

While this memory stands out as one of the strongest examples of

the drive and dedication among Interval employees, it is by no means

an isolated occurrence. For nearly 35 years, I’ve witnessed these not-

so-random acts of commitment, not just in times that demanded

uncommon effort, but on a day-to-day basis.

As Interval International observes its 40th anniversary this year, I’ve

thought a lot about what has made the company successful. Of course,

a great idea begat by entrepreneurial minds served as a critical founda-

tion. Devotion to key tenets of doing business — providing quality over

quantity, substance over size — played its part, as did solid products

and programming.

But bottom line, what makes Interval great is its people.

Keeping Good Company

In this issue, we recognize some individuals who’ve played a role in

shaping and steering the business on its positive track, embodying

attributes that we’ve always held dear: integrity, continuity, and

leadership.

But the employees featured in this special edition are by no means

the only ones who’ve helped nurture Interval International. They repre-

sent the nearly 1,200 employees who bring so much in terms of skill

and experience. Raul Estrada, who’s been with Interval for almost 30

years, is featured on page 42, but standing behind him is a staff 500

strong, all equally invested in serving the members.

Three employees who joined Interval before me deserve recogni-

tion for their longevity: Larry Dettelis came through the Buffalo

headquarters in 1981, and moved to Miami, eventually to head up

worldwide activity as vice president of distribution and commercial

services. Since 1980, Josephine Olaechea has been a symbol of con-

tinuity in the finance department and serves as coordinator of the

treasury today. And Pat Rasekhi, assistant vice president of member-

ship marketing, has been with Interval since 1979! (She can tell you

stories about the days when exchanges were tracked with color-

coded stickers on a large board.) These superlative team members are

truly examples of what’s best about Interval International, and I’m hon-

ored to be in their company.

Someone to Count On

And then there are those who are no longer with us. We recall co-

founders Mario Rodriguez and Tom Davis, whose vision and

entrepreneurial spirit live on today. And I remember two people in the

London office whom I grew close to when I was helping to build the

European business in the ’90s. On my credenza sits a photo of Jitu

Mehta, John Roderick, and me. Their deaths were a loss for the Interval

family and for me personally. Over the years, we’ve said goodbye to too

many people to mention — and all are greatly missed.

As I reflect on the timeline, I can’t help but remember my own early

years. Traveling around the country working toward constructive

industry regulation was both exhilarating and exhausting at the same

time. But I always knew that the people at Interval had my back. Ken

Knight, who was president and my boss at the time, believed in and

fully supported my efforts, giving me the resources to get a tough job

done.

And, of course, there were others I counted on, then — and now,

including: Jeanette Marbert, who helped me navigate this long jour-

ney; David Gilbert, who returned to guide Interval during this

important time; and Arlene Cade, my executive assistant, whose

contributions for 20 years cannot be overstated.

It comes down to this: Delivering great vacation experiences takes

more than a solid regulatory platform and state-of-the-art technology.

It takes

touch

. And I am moved to have been touched by so many out-

standing individuals over the years — those who’ve come and gone,

and those still contributing to the success of Interval International.

4

VIEWPOINT

RESORTDEVELOPER.COM

vacation industry review

APRIL – JUNE 2016

BY

Craig M. Nash

CHAIRMAN,

PRESIDENT, AND CEO

INTERVAL LEISURE GROUP

“For nearly 35 years, I’ve witnessed these

not-so-random acts of commitment, not just

in times that demanded uncommon effort,

but on a day-to-day basis.”

The Right Stuff