Key Management Group Names Larry Regan CFO

. March 12, 2010

Thursday, March 11, 2010 - Key Management Group has announced the appointment of Larry Regan as chief financial officer for the hospitality management company. Albert Lacle, chief executive officer, made the announcement.

"I am pleased to formally welcome Larry to Key Management Group,” said Mr. Lacle. “His two and a half decades of experience in finance, including several years within the hospitality industry, will be a tremendous asset to our company as we continue to grow our management portfolio of hotels and resorts in Central America and the Caribbean.”

Larry Regan brings 25 years of experience in finance and financial accounting to his new role. Previous to joining Key Management Group, he was division president for Home Decor Products, Inc., located in Edison, New Jersey.

Mr. Regan launched his career as chief accountant and assistant controller for the Century Plaza Hotel in Los Angeles, California. He has served as controller for Scanlon Enterprises, a company of independent hotels, and was corporate controller for Emerald Hotels, a chain of 17 properties located throughout the Northeastern United States.

Mr. Regan has previously held the title of vice president finance / CFO for K. Hovnanian / JPB Hospitality, Inc. of Red Bank, New Jersey. He has also served as vice president for Allen Associates of Iselin, New Jersey.

Larry Regan attended the Rochester Institute of Technology where he majored in Hotel and Restaurant Management. He is a graduate of the University of Denver, where he earned a Bachelors Degree in Business Management. Mr. Regan resides in Monmouth County, New Jersey.

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