Oakwood Worldwide Appoints Steve Selcer to President and COO

Oakwood Worldwide, the leading global temporary housing and serviced apartment provider, today announced that it has promoted its senior vice president and CFO, Steve Selcer, to president and COO. In his new role, Selcer will direct day-to-day operations and will work closely with Chairman and CEO Howard Ruby to drive the company’s future growth around the world. Ruby will continue to provide Oakwood with the kind of oversight, leadership and vision that continues to shape the corporate housing industry.

“Steve has performed consistently in an outstanding and dedicated manner, and I’m confident that he will bring the kind of leadership and commitment to excellence he has demonstrated during his seven years as Oakwood’s CFO,” says Ruby. “Since he joined the company, Steve has been integral to our growth by developing and implementing important processes and new ideas that have led to great financial strength.”

When Oakwood had vacancies in key leadership roles, Selcer assumed additional responsibilities. He led Oakwood’s Home Services division, and later provided management and oversight for Oakwood’s Human Resources and Oakwood University teams.

“Steve has touched every corner of the company and has become the ‘go-to’ person for successfully finding solutions to complex problems,” Ruby concludes. “I look forward to working with him to take Oakwood to new levels of achievement. The entire Executive Committee is excited and energized about Steve’s new role; they look forward to his leadership and are committed to our mutual success.”

For more than 47 years, Ruby has guided the firm through its evolution—from a real estate giant into the global leader in the hospitality niche of temporary furnished, unfurnished and serviced apartments. Today, Oakwood Worldwide operates throughout North America, Asia and Europe. The firm has more than 4,000 Associates, and manages nearly 30,000 furnished and unfurnished residences worldwide.

The company will commence a search for a new CFO.

About Oakwood Worldwide

Oakwood Worldwide is the global leader and most trusted provider of temporary furnished apartments. Whether traveling for business, leisure or when relocating, Oakwood has remained the international leader by consistently providing outstanding quality, reliability and value. Our focus and commitment to customer service makes us easy to do business with to fulfill your temporary housing needs.

Featuring an expansive portfolio of nearly 30,000 furnished and unfurnished residences in the most desired locations throughout North America, Europe and Asia, Oakwood offers a full spectrum of housing solutions virtually everywhere to meet the demands of today’s personal and business travelers. A global staff of more than 4,000 trained professionals, innovative technologies and unparalleled customer service has made Oakwood the premier choice in temporary housing solutions for nearly half a century.

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For more information visit www.Oakwood.com.

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