Host Announces Board of Directors Appointments
NOVEMBER 1, 2007. Host Hotels & Resorts, Inc. (NYSE:HST) today announced that W. Edward Walter, the Company's President and Chief Executive Officer, has been elected to the Board of Directors. Mr. Walter will fill the vacancy on the Board of Directors that resulted from the resignation of Christopher J. Nassetta as Director effective October 31, 2007.
The Board elected Larry K. Harvey to serve as the Company's Executive Vice President, Chief Financial Officer and Treasurer. Mr. Harvey has been with the Company for a total of 10 years, having rejoined the Company in 2003. He most recently served as the Company's Treasurer and prior to that served as Senior Vice President, Chief Accounting Officer.
In addition, the Board elected Gregory J. Larson to serve as Executive Vice President, Corporate Strategy and Fund Management. Mr. Larson will develop a new business of raising pools of capital from private institutional investors, managed by the Company to be deployed domestically and globally in investment funds and joint ventures. He will also be in charge of corporate strategy and will continue to lead the investor relations team. Mr. Larson has been with the Company for 14 years and most recently served as Senior Vice President, Fund Management and Investor Relations and prior to that served as the Company's Treasurer.
Ed Walter said, "We are pleased to announce the promotions of these two talented executives. Larry brings significant experience and energy to the CFO position and has been an important part of the Company's senior management team since he rejoined us in 2003. We are also very excited that Greg will be in charge of corporate strategy and fund management, reporting directly to me. We know that Greg will be successful in his new role and that investor relations will continue to benefit from his leadership."
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 
