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VOL. 129 | NO. 235 | Wednesday, December 3, 2014

Next Generation Takes Helm of Kemmons Wilson Cos.

By Don Wade

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A new leadership team has taken the reins at Kemmons Wilson Cos., the family-run business started by Holiday Inn founder Kemmons Wilson.

Spence Wilson Jr., Kemmons Wilson III, McLean Wilson and Webb Wilson – all grandsons of Kemmons Wilson – are now principals of the firm. The previous second-generation family leadership group, Spence Wilson Sr., Robert Wilson, and Kemmons Wilson Jr., will remain members of the board of directors.

“We are excited about the opportunity to advance this great legacy created by our grandfather and continued so successfully by our fathers and uncles,” Spence Wilson Jr. said in a statement.

Kemmons Wilson Cos. is a concentration of six industries – aviation, financial services, hotels, insurance, real estate and time sharing – and company leaders also pursue private investment opportunities inside and outside these industries.

The leadership team has refreshed key elements of the Kemmons Wilson Cos. brand, including foundational items such as vision and core values, and has introduced a new logo and website. They've also hosted town hall meetings with each of their businesses to share their vision.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 49 123 2,388
MORTGAGES 77 171 2,778
FORECLOSURE NOTICES 13 36 527
BUILDING PERMITS 174 284 6,352
BANKRUPTCIES 32 72 1,859
BUSINESS LICENSES 26 55 1,214
UTILITY CONNECTIONS 17 43 673
MARRIAGE LICENSES 5 27 401