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Franz S. Hanning has served as President and Chief Executive Officer Wyndham Vacation Ownership since our separation from Cendant in July 2006. Mr. Hanning was the Chief Executive Officer of Cendant’s Timeshare Resort Group from March 2005 until our separation from Cendant in July 2006. Mr. Hanning served as President and Chief Executive Officer of Fairfield Resorts Inc. (which has been renamed Wyndham Vacation Resorts Inc.) from April 2001 when Cendant acquired Fairfield to March 2005 and as President and Chief Executive Officer of Trendwest Resorts Inc. (which has been renamed Wyndham Resort Development Corporation) from August 2004 to March 2005. Mr. Hanning joined Fairfield in 1982 and held several key leadership positions with Fairfield including Regional Vice President Executive Vice President of Sales and Chief Operating Officer. | 