Diamond Resorts International® Appoints Kenneth S. Siegel as Executive Vice President, Chief Administrative Officer and General Counsel

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. December 26, 2016

LAS VEGAS, NV. December 26, 2016 - Diamond Resorts International®, a global leader in the hospitality and vacation ownership industries (the “Company” or “Diamond Resorts”), announces today that Kenneth S. Siegel will assume the role of Executive Vice President, Chief Administrative Officer and General Counsel.

Siegel has over 20 years' experience in leadership roles at multinational organizations. Most recently, he served as the Chief Administrative Officer and General Counsel of Starwood Hotels & Resorts Worldwide, Inc., where he had a broad range of responsibilities including overseeing all of Starwood's legal, compliance and governmental affairs globally. Prior to joining Starwood, Mr. Siegel served as General Counsel at various companies including Cognizant Corporation, Gartner, and IMS Health. Earlier in his career, Siegel was a partner with Baker & Botts LLP and O'Sullivan, Graev & Karabell LLP. Siegel began his career as an associate with Cravath, Swaine & Moore LLP.

“We have known Ken for some time and have greatly admired his work in the industry. He is an extraordinarily experienced executive and I am very pleased that he has accepted this new role,” said David Sambur, Senior Partner at Apollo and Chairman of Diamond Resorts' parent company.

Effective January 31, 2017, Howard Lanznar will retire as CAO of the Company. Lanznar will continue to support Diamond Resorts for eighteen months following his retirement through a consulting role with the Company. Additionally, effective January 31, 2017, Jared Finkelstein will retire as Senior Vice President and General Counsel of the Company. Finkelstein will continue to support Diamond Resorts for twelve months following his retirement through an advisory role with the Company.

“We also want to thank Howard and Jared for their incredible leadership and service throughout their time at Diamond Resorts. We look forward to their continuing support of the Company in advisory roles,” said David Sambur.

Matt Avril, incoming CEO, Diamond Resorts International®, said, “Having worked with Ken previously I am very familiar with Ken's background and talents and know he will be a great addition to the Diamond senior management team. I am excited to welcome Ken as the new General Counsel and CAO and am looking forward to working with him and the rest of the Diamond Resorts team to further grow and enhance the business.”

About Diamond Resorts International®

Diamond Resorts International®, with its network of more than 370 vacation destinations located in 35 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australasia and Africa, provides guests with choice and flexibility to let them create their dream vacation, whether they are traveling an hour away or around the world. Our relaxing vacations have the power to give guests an increased sense of happiness and satisfaction in their lives, while feeling healthier and more fulfilled in their relationships, by enjoying memorable and meaningful experiences that let them Stay Vacationed.™ Diamond Resorts International® manages vacation ownership resorts and sells vacation ownership points that provide members and owners with Vacations for Life® at over 370 managed and affiliated properties and cruise itineraries.

Contact:
Stevi Wara
media@diamondresorts.com
702.823.7069