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Michelle Peluso, Travelocity

Company: Travelocity, Southlake, Texas
Company Division/Group: Vollmer Public Relations
Company Description: Travelocity® is committed to being the traveler's champion and provides the most comprehensive, pro-active guarantee in the industry. This customer-driven focus has made Travelocity the sixth largest travel agency in the world. Travelocity also owns and operates Travelocity Business®, lastminute.com, and ZUJI. Travelocity is owned by Sabre Holdings Corporation, a world leader in travel commerce.
Nomination Category: Individual Categories
Nomination Sub Category: Best Executive – Service Businesses – More Than 2,500 Employees

Nomination Title: Michelle Peluso, President and CEO, Travelocity

  • Describe for the judges the activities and accomplishments of the nominated executive
    during the eligibility period (up to 500 words):

    Oversaw and managed Travelocity’s continued growth in gross travel, 
    revenue and operating
    o 2005 – Gross travel booked, $7.4B; revenue $830M; op income $27M
    (adjusted)
    o 2006 – Gross travel booked, $10.1B; revenue $1.1B; op income $73M
    (adjusted)

    Over the last 2 years, Michelle has led Travelocity’s emergence as a
    global travel brand, beginning in Europe with the acquisition and integration of
    lastminute.com in Europe in May 2005, followed by the buyout of ZUJI in Asia-
    Pacific in 2006. In 2007, Michelle has led the introduction of the Travelocity
    brand in India and Mexico.

    Almost overnight, Travelocity went from a company of 2,000 employees
    primarily in North America to a team of 5,000 worldwide. Michelle now manages a
    nearly 24/7 global workforce.

    In between frequent trips to London, Singapore and Sydney to get to
    know her new teams, Michelle made sure the North America business stayed on
    track as Travelocity launched ambitious customer-centric programs aimed at
    differentiating itself in a white hot competitive space.

    These initiatives, under an umbrella the company refers to
    as “customer championship,” include the Travelocity Guarantee, the Customer Bill
    of Rights, the VIP loyalty program, and a new dreaming and planning travel tool
    still in BETA known as Experience Finder.

    Michelle helped Travelocity become the first online travel company to
    address global warming through its GoZero program in August 2006, an initiative
    that has now been emulated by all other online sites. As a result of the program,
    approximately 8,200 trees are in the process of being planted in the Bogue Chitto
    National Wildlife Refuge, which is located 45 miles north of New Orleans, LA. Over
    their lifetime, those 8,200 trees will trap more than 21 million lbs of CO2 from
    the atmosphere. (nearly 10,500 tons).

    Additionally, she launched Change Ambassadors in September 2006- a
    program to encourage travelers to volunteer on trips (“voluntourism”). Travelocity
    has teamed up with some of the top volunteer organizations in the country to
    provide easy-to-access information about volunteer vacations on the Travelocity
    Web site.

    Key components of the Change Ambassadors program are consumer
    and employee grants that will be awarded to people who wish to help others
    through volunteering, but do not have the financial means to take a volunteer
    vacation. The company awards two $5,000 grants per quarter to customers and
    one $5,000 grant per quarter to employees.

    Michelle played a key role in Sabre Holdings transition from a publicly
    traded company into the world of private equity in late 2006.

    She continues to serve on the boards of Technoserve, which provides
    business advice and access to both markets and capital to businesspeople in
    developing countries and Christa House, a not-for-profit home for the dying poor,
    particularly those at end-stage AIDS located in West Babylon, New York. She is
    also on the North America Board for Pemboke College, Oxford and continues to
    be a “lifetime mentor” to a special inner-city family.

  • List the URLs (web addresses) of any online news stories, press releases, or other documents that you would like the judges to see that support your entry. IMPORTANT: List each URL on a separate line, begin each URL with http://, and enclose each URL in square brackets. For example, [http://www.yourcompany.com/pressrelease.html]:

    http://www.businessweek.com/mediacenter/video/careers/559d6a9be8e8ea1d3936
    ef738b3b17d1caee7304.html


    http://www.aacsb.edu/publications/Archives/JulAug07/16-21%20Destination.pdf

    http://www.vollmerpr.com/michelle

    http://www.dmagazine.com/ME2/dirmod.asp?
    sid=&nm=&type=MultiPublishing&mod=PublishingTitles&mid=7155F7796F354F21
    B1183937D847D6DF&tier=4&id=0A2E97D7CF7445D6AEC549EE9F04276A


    http://travel.nytimes.com/2007/07/09/business/09ecom.html

  • Provide a brief biography of the nominated executive (up to 100 words):

    Michelle Peluso became president and CEO of Travelocity in December 2003.  
    Prior to her appointment as CEO, Peluso served as Travelocity’s COO and senior
    VP of product strategy and distribution.

    In 2005, Peluso was recognized by the National Italian American Foundation with
    the Special Achievement Award in Business and the Wall Street Journal in 2004
    ranked Peluso #4 on its “50 Women to Watch” list.

    Peluso received her master’s degree in economics, philosophy and politics from
    Pembroke College at Oxford University where she was a Thoroun Scholar, and her
    bachelor’s degree from the University of Pennsylvania’s Wharton School of
    Business.