STR Appoints New Chief Strategy Officer and Names COO
Amanda Hite and Brad Garner Respectively
June 23, 2010 - In keeping with STR's growth trajectory, the company has appointed Amanda Hite as Chief Strategy Officer and Brad Garner as Chief Operations Officer.
In her new role, Hite will direct and oversee the strategic and long-range goal planning function for STR. She also will be responsible for overseeing STR's family of companies: HotelNewsNow.com, based in Cleveland, Ohio; RRC Associates, based in Boulder, Colorado; STR Analytics, based in Boulder, Colorado; and STR Global, based in London, United Kingdom.
Prior to joining STR in 2006, Hite was the Director of Research for the Nashville Area Chamber of Commerce. Hite is a graduate of Birmingham-Southern College with a B.S. in Business Administration.
Garner will be responsible for managing and directing the day-to-day activities of STR's core business operations. He will continue to be a primary contact for STR clients, customers and the investment bank and institutional investor industries.
Garner joined STR in 1995 shortly after earning his BS degree in marketing from Old Dominion University.
"As STR and its family of companies continue to grow and evolve, it has become necessary to expand our senior management team and position the organization for continued success," said Mark Lomanno, president at STR. "Both Brad and Amanda have continuously demonstrated the skill, desire, ingenuity and dedication necessary to lead the day to day operations of STR and its family of companies going forward."
"Mark and I will now concentrate our efforts on the strategic opportunities available to our vibrant, diverse and rapidly growing organization," added Randy Smith, CEO.
About STR
STR provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, and pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.str.com.
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