LEON SHAPIRO NAMED CEO OF VISTAGE INTERNATIONAL

Leon Shapiro Named CEO of Vistage International

San Diego, CA – February 22, 2013 — Vistage International, Inc. (“Vistage”) announced today that Leon Shapiro will become CEO. Mr. Shapiro, who currently serves as Chairman of the Board at Vistage, is a seasoned executive with leadership experience at prominent organizations including Gartner, Inc. and The Advisory Board Company. Vistage is the world’s leading CEO peer advisory membership organization, with more than 16,000 members across 15 countries.

Rafael Pastor will step down from his role as CEO effective March 31. Since joining Vistage in 2004, Mr. Pastor has led the organization through a period of significant growth and a successful recapitalization. He will remain a significant investor and will continue serving on Vistage’s Board of Directors.

Leon Shapiro stated:
“I am delighted to become CEO of Vistage and lead such a talented, dynamic, and dedicated group of employees, Chairs, and members. The strength of the Vistage mission and the breadth of our growing community will provide a solid foundation for accelerating growth.”

In an address to staff, Rafael Pastor said:
“We have a highly successful company because we have an extraordinary community of caring and gifted people. I eagerly look forward to continuing to serve on Vistage’s Board and to helping Vistage reach its fullest potential.”

Travis Nelson, Managing Director at TowerBrook Capital Partners L.P., added:
“On behalf of the Board, we thank Rafael for his dedication to Vistage and recognize his many valuable contributions over the years. Under his leadership, Vistage has strengthened its brand, grown its membership, expanded its offerings, and developed a broader international presence. We look forward to Rafael’s continued contributions as a Board member and are excited for the future under Leon Shapiro’s leadership. Leon’s professional background, leadership skills, and understanding of Vistage’s model make him uniquely qualified to guide the company forward.”

About Vistage Worldwide, Inc.
Vistage is the world’s largest CEO coaching and peer advisory organization for small and midsize businesses. For more than 65 years, we’ve been helping CEOs, business owners and key executives solve their greatest challenges through confidential peer groups and one-to-one executive coaching sessions. Today, more than 45,000 members in 40 countries rely on Vistage to help make better decisions for their companies, families and communities. The results prove it: Vistage CEO members grew their annual revenue on average by 4.6% in 2020, while nonmembers with comparable small and midsize businesses saw revenue decrease by 4.7%, according to a study of Dun & Bradstreet data. Learn more at vistage.com.

Media Contact
Katie McWeeney | Vistage
858.523.6875 | katie.mcweeney@vistage.com