14 | Frosch

T0627FROSCH_C_350 [Credit: Frosch]
2021 sales: $1.23 billion
Previous ranking: 13
Employees: 1,300

1 Greenway Plaza, Suite 800
Houston, TX 77046
Phone: (713) 850-1566
Website

Executives

PRESIDENT/CEO: Bryan Leibman
CHAIRMAN: Richard Leibman
EVP: Lara Leibman
PRESIDENT, U.S. BRANCH OPERATIONS/LEISURE DIVISION: Marc Kazlauskas
PRESIDENT, GLOBAL TRAVEL MANAGEMENT: Judith Allen
CFO: Enrique Espinoza
PRESIDENT, GROUP TRAVEL: Rachel Epstein
PRESIDENT, ENTERTAINMENT: Maggie Kealey

Company facts

* Privately owned company majority-owned by the Leibman family.

* 54% leisure sales in 2021, 45% business travel.

* Subsidiaries include TCG Consulting, Frosch Rewards & Incentives, Frosch Student Travel and Frosch Global Conferences & Events.

* Works with 900 independent contractors.

2021 developments

* Acquired Valerie Wilson Travel (No. 35 on the 2021 Power List) and the corporate business of Conlin Travel (No. 45 in 2021).

* Enhanced GuideMe duty-of-care platform to become a duty-of-health and holistic-travel-experience platform.

* Rolled out alternative booking solutions providing policy flexibility and improving the user experience.

* Growth in travel, meetings and payment and expense management. New entertainment and corporate client engagements.

* Launched luxury site Froschluxurytravel.com and held the first Luxury Summit, an invitation-only conference for top luxury sellers. 

Looking ahead

* Was acquired by JPMorgan Chase in the spring of 2022.

* Sees a strong return to travel across all sectors: leisure, corporate, entertainment, meetings and consulting.

* Trends include companies interested in sustainability and diversity.

NOTE ABOUT FROSCH'S RANKING: Some Power List companies have resubmitted their numbers, which have resulted in changes in the rankings. Read more about those changes

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