Sunstone Promotes Seven Key Executives
SAN CLEMENTE, CA - March 1, 2010 - Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that it has promoted the following employees:
- Ken Cruse - Executive Vice President and Chief Financial Officer
- Marc Hoffman - Executive Vice President and Chief Operating Officer
- Bryan Giglia - Senior Vice President Corporate Finance
- Lindsay Monge - Senior Vice President and Treasurer
- Michael Harvey - Vice President Asset Management
- Evan Pohaski - Vice President Corporate Transactions
- David Sloan - Vice President Legal
Art Buser, President and Chief Executive Officer, stated, "2009 was a transformational year for Sunstone. Our team worked diligently to recalibrate our balance sheet, hotel operations and our portfolio, positioning the Company to outperform. It gives the board of directors great pleasure to promote these key executives and thank them for their contribution to our Company's success. During 2009, each of these executives assumed additional responsibilities as the Company optimized its cost structure and meaningfully reduced its corporate staffing levels. We, as a Company, exist to outperform, and we will continue to recognize those who contribute to the success of the Company."
About Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. ("Sunstone") is a lodging real estate investment trust ("REIT") that, as of the date hereof, owns 38 hotels comprised of 13,199 rooms primarily in the upper-upscale segment. Sunstone's hotels are generally operated under nationally recognized brands, such as Marriott, Hilton, Hyatt, Fairmont and Starwood. Upon completion of the appointment of a receiver for the Marriott Ontario Airport and Mass Mutual portfolio, the Company will own 26 hotels comprised of 10,313 rooms. For further information and bios of senior management, please visit Sunstone's website at www.sunstonehotels.com.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
