Travel Leaders Group Announces Finance Team Transition

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Photo by Martin Barraud/OJO Images/Getty Images

Travel Leaders Group has announced a transition within its finance team, including the departure of Chief Financial Officer Richard Schmaeling to become the executive vice president and CFO for Entercom Communications Corp. in April.

Additionally as part of the transition, it was also announced that Parisa Salehani will join Travel Leaders Group as its corporate controller at the beginning of April. Travel Leaders Group Chief Executive Officer Ninan Chacko indicated that an executive search for a new CFO was commencing immediately.

Chacko stated that during Schmaeling’s tenure he has provided the company with exceptional leadership and financial discipline that “places Travel Leaders Group on solid footing for our future,” adding that Travel Leaders will immediately begin the process of searching for another strong finance leader to take his place. “Fortunately for our organization, Rich will have the opportunity to collaborate with Parisa Salehani prior to his departure. Parisa is coming to Travel Leaders Group with a wealth of finance experience, most recently as director-accounting services, assistant controller for Time, Inc.” says Chacko.


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 Prior to her service at Time, Inc., Salehani has held various finance roles with several companies, including Viacom Media Networks, American Express and PriceWaterhouseCoopers.

Travel Leaders Group is one of North America’s largest travel companies and generates gross travel sales approaching $21 billion. Travel Leaders Group is a leader in both the retail travel agency space and corporate travel, and is consistently ranks as one of the top travel companies nationwide.


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