Melissa Krueger has stepped down from her position as CEO of Classic Vacations, the company announced on Monday. The company’s Chief Financial Officer, Michael McSweeney, has been appointed as interim CEO, effective immediately.
Classic Vacations, a luxury travel wholesaler based in San Jose, California, stated that Krueger’s departure is effective as of June 10. No reason for her exit was provided in the announcement.
Michael McSweeney, who has served as CFO since 2019, will take on the responsibilities of interim CEO while the company searches for a permanent replacement. The company did not specify a timeline for the appointment of a new chief executive.
Krueger joined Classic Vacations in 2012 and was named CEO in 2021. During her tenure, she led the company through the challenges of the COVID-19 pandemic and oversaw its transition to an independent entity following its separation from Expedia Group in 2022.
Classic Vacations confirmed that all operations will continue as usual during the leadership transition. The company emphasized its commitment to supporting travel advisors and maintaining its service standards.
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