2017 sales: $1.26 billion
Employees: 523
Previous ranking: 19
620 Pennsylvania Drive
Exton, PA 19341
T (610) 327-9000
Website Executives
CHAIRMAN: James A. Wells
CEO: Liz Mandarino
PRESIDENT: Dee Runyan
CHIEF INFORMATION OFFICER: Ryan Fauls
SVP, CORPORATE COUNSEL/HUMAN RESOURCES: Maribeth Minella
EVP, BUSINESS DEVELOPMENT: Kevin Martin
EVP, OPERATIONS: Pam Zager
SVP, CLIENT AND CONSULTING SERVICES: Barb Cubbler
2017 Developments
After nearly 35 years of private ownership, the Wells family in 2017 sold World Travel to its employees by establishing a 100% employee stock ownership plan (ESOP).
The largest U.S.-based TMC to have grown without a single merger or acquisition; the introduction of the ESOP ensures employees are in control of their destiny.
Company Facts
Delivers B2B services and solutions for global travel and meetings management.
ARC sales of $714.4 million.
91% of sales from business, 1% leisure, 8% other.
Privately held; the company is 100% employee-owned.
Member of Radius and Virtuoso.
Looking Ahead
Will focus on building out the infrastructural investments the company made in 2016 and 2017, including a new proprietary mobile app, a new global reporting platform and a completely re-engineered, PCI-compliant, plug-and-play technology ecosystem.
Plans to explore features to be added to each of those platforms and preferred partners to be made available.