WorldVentures™ Holdings LLC, parent company of the global vacation and lifestyle club WorldVentures, recently announced the appointment of Josh Paine as Chief Executive Officer. Paine will oversee day-to-day strategic and operational decisions, elevate the brand, strengthen the leadership team and enhance the overall growth of WorldVentures Holdings.
“Josh has a passion for instilling organizations with a strong sense of purpose while building an award-winning culture, making him a great asset to the team,” said WorldVentures Founder and Chief Visionary Officer Wayne Nugent. “We’re excited to add his strong leadership to our Holdings level c-suite.”
Josh replaces Dan Stammen, who was the company’s first CEO in 2005 for three and a half years, and again assumed that role in February 2015, leading the company from 2014 sales of $355 million to $926 million in 2016.
“I’m excited and optimistic about Josh taking over the leading role in running the day-to-day operations at WorldVentures Holdings as CEO,” said Stammen. “Josh’s amazing talent, combined with his financial and organizational experience, makes him the ideal choice to lead our company into the next decade. In addition to his exceptional business acumen, Josh knows the leisure travel and hospitality industry inside and out. As part owner of WorldVentures, I look forward to my new role as business development consultant/owner operator, where I’ll be working with our partners/vendors to bring about new opportunities for our members and field representatives. The future is very bright, and the best is yet to come for WorldVentures!”
Prior to accepting his position with WorldVentures Holdings, Paine served as CEO of one of the entities of WorldVentures Holdings, Rovia, LLC, a travel and lifestyle service provider offering turnkey solutions for business partners and membership-based travel companies. Additionally, he led the strategic direction of his team as Managing Partner for Providence Interactive Capital, LLC. He also served as CEO and Chief Financial Officer of CheapCaribbean.com, Inc., the No. 1 U.S. provider of beach vacations in the Caribbean and Mexico. Early in his career, Paine worked with Fortune 500 companies, and served as Vice President of Operations for JetPay Merchant Services, LLC.
Paine, a CPA, graduated summa cum laude from Texas A&M University with a bachelor’s degree in accounting and a master’s degree in finance. He is also a graduate of the Stagen Leadership Academy.
“I look forward to the opportunities and challenges this new role will bring,” said Paine. “It is a privilege to accept this new role within the Holdings organization, and I am excited to help our talented team further develop and execute strategies to drive WorldVentures Holdings into its next stage of growth.”