Oei Joins Lodgian Board
AUGUST 13, 2007. Lodgian has announced that Mark S. Oei has been elected to it's board of directors. Concurrently, the company announced that Kevin C. McTavish, a director since 2002, had resigned from the board, effective upon Mr. Oei's appointment.
Mr. Oei is a managing director of Oaktree Capital Management, a Los Angeles-based investment company. Prior to joining Oaktree in 2003, he was a Vice President in the Real Estate Private Equity Fund and the Mergers and Acquisitions Department at Morgan Stanley, and before that, a Senior Consultant in the Real Estate Consulting Group at KPMG Consulting.
"Mark's experience with a top-tier investment manager, in real estate and mergers and acquisitions, and with KPMG, an international financial services firm, adds significant depth to our board," said Ed Rohling, chief executive officer of Lodgian. "He will fill the vacancy created by Kevin McTavish, who has resigned from the board. Kevin made significant contributions to the company, and we appreciate his astute counsel and support during his tenure on our board."
Oei received a B.S. degree in Business Administration from the University of California, Berkeley. He earned an M.B.A. with an emphasis in Finance and Management and Strategy from the Kellogg School of Management at Northwestern University. Oei is a licensed real estate broker in the State of California.