FelCor Appoints Robert F. Cotter to the Board of Directors
31 Julho 2006 - 11:00AM
PR Newswire (US)
IRVING, Texas, July 31 /PRNewswire-FirstCall/ -- FelCor Lodging
Trust Incorporated (NYSE:FCH), one of the nation's largest hotel
real estate investment trusts (REITs), today announced that it has
elected Robert F. Cotter to its Board of Directors. Mr. Cotter was
elected at FelCor's July Board meeting. Mr. Cotter brings more than
30 years of hotel operations expertise to FelCor's Board. (Photo:
http://www.newscom.com/cgi-bin/prnh/20060731/DAM008 ) Mr. Cotter,
54, is an accomplished hotel executive and most recently was
President and Chief Operating Officer for Starwood Hotels &
Resorts Worldwide, Inc., prior to his retirement in December 2005.
In his role, he was responsible for all company operations and was
strongly involved in shaping Starwood's strategic direction. Mr.
Cotter joined Sheraton in 1973 and held numerous sales and
marketing positions including Area Director of Marketing, Director
of Advertising and Senior Vice President, Director of Marketing for
the Hawaii-Japan Division. He spent most of his 33-year career with
Starwood Hotels & Resorts and was named Chief Operating Officer
in 2000, after serving as President, International Operations, and
President and Chief Operating Officer, Europe. "We're very pleased
to have Bob join our board. His expertise, visionary leadership and
proven track record will be extremely beneficial to FelCor. He has
a great understanding of the industry and will add operational
strength to our board," said Richard A. Smith, FelCor's President
and CEO. "I have known Bob since my days at Starwood, and we are
very fortunate to have him." In 1992 and again in 2003, Business
Travel News named Mr. Cotter one of the 25 most influential
executives in the travel industry. He is a member of the Board of
Trustees of the American Hotel & Lodging Educational Foundation
and a member of the Board of Trustees of Boston College. He
previously served as Chairman and Managing Director, Ciga SpA and
was on the Board of Directors of Ciga SpA in Milan, Italy. Mr.
Cotter graduated from Boston College with a Bachelor of Arts in
Philosophy. He is a Fellow of the Institute of Certified Travel
Agents. FelCor is the nation's largest owner of full service,
all-suite hotels. FelCor's portfolio is comprised of 113
consolidated hotels, located in 28 states and Canada. FelCor owns
65 full service, all-suite hotels, and is the largest owner of
Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels.
FelCor's hotels are flagged under global brands such as Embassy
Suites Hotels, Doubletree(R), Hilton(R), Sheraton(R), Westin(R) and
Holiday Inn(R). FelCor has a current market capitalization of
approximately $3.3 billion. Additional information can be found on
the Company's Web site at http://www.felcor.com/ . With the
exception of historical information, the matters discussed in this
news release include "forward looking statements" within the
meaning of the federal securities laws that are qualified by
cautionary statements contained herein and in FelCor's filings with
the Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20060731/DAM008
http://photoarchive.ap.org/ DATASOURCE: FelCor Lodging Trust
Incorporated CONTACT: Monica L. Hildebrand, Vice President of
Communications, +1-972-444-4917, or , or Stephen A. Schafer, Vice
President of Investor Relations, +1-972-444-4912, or , both of
FelCor Lodging Trust Incorporated Web site: http://www.felcor.com/
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