Press Release: Resort Condominiums International, LLC
December 19, 2001
PARSIPPANY, NJ -- Resort Condominiums International, LLC (RCI) announced yesterday the appointment of John E. Borger
as Executive Vice President and General Counsel of RCI.
In his new role, Borger will be responsible for all legal and tax issues affecting or arising from RCI's businesses,
including acquisitions, divestitures, alliances and partnerships; new business development; network services; claims
and litigation; federal and state regulation and compliance; state and local real estate issues; federal and state
tax issues; real estate and other licenses; ethics; and the impact of legal issues on the company's operations
policies and procedures in general.
"We are very pleased that John has decided to join the RCI team," said Kenneth May, president and CEO,
RCI. "His experience in all aspects legal, including corporate partnerships, acquisitions and real estate,
make him a very valuable asset to our senior management team."
Borger joins RCI from Cendant Mobility Services Corporation, the world's largest global mobility management company,
where he served as Senior Vice President and General Counsel since January 1995.
Borger graduated from Dickinson College in 1974 and Fordham University School of Law in 1982. Borger was admitted
to the Connecticut Bar that same year and to the New York Bar in 1983.
Based in Parsippany, NJ, he currently resides in Ridgefield, Conn. with his wife and two children.
About RCI
Resort Condominiums International, LLC (RCI) is the world's leading global provider of products and services to
the timeshare industry, with more than 3,700 affiliated resorts in 100 countries. In pursuit of its mission to
be the market maker in global travel and leisure, RCI offers the world's leading timeshare exchange services through
RCI Points, the first worldwide points-based exchange system, and RCI Weeks, RCI's traditional week-for-week exchange
system. Last year, more than 2 million exchanges were confirmed through RCI, sending an estimated 7.5 million
people on vacation. RCI provides integrated timeshare solutions in addition to exchange through RCI Market Links,
including consulting, travel agency and technological support. To learn more, please visit our Web site at RCI.com
<http://www.RCI.com>.
RCI is owned by Cendant Corporation (NYSE: CD), a global provider of business and consumer services.
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Media Contact:
Inna Shamis
973-496-7021
Inna.Shamis@cendant.com