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Arlington Hospitality, Inc. Names Interim CEO - Retains HVS for CEO Search |
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Arlington Hospitality, Inc. (Nasdaq: HOST) today announced that it has retained HVS Executive Search (HVS) to direct the search for a new president and chief executive officer, and that it will hold its annual shareholder meeting on December 22, 2004. |
President and Chief Executive Officer Search; Interim CEO
HVS Executive Search is a search firm that specializes in the lodging industry. The search will be led by Keith Kefgen, president of HVS. During the search process, the company will seek and consider qualified candidates from both outside as well as inside the company.
The company's board of directors has formed a search committee composed of four directors who will evaluate candidates presented by HVS and make recommendations to Arlington's full board. The company expects to begin the search as soon as practicable.
The board has appointed Stephen K. Miller, senior vice president real estate and business development, to serve as the company's interim CEO, upon the separation of current president and CEO Jerry Herman on December 31, 2004, until a permanent CEO is hired. Miller, a 25-year hotel industry veteran, has been with Arlington since August 2003 and, as a key member of its business strategy committee, has been involved in all facets of the company. Prior to joining Arlington Hospitality, Miller held executive level hotel development positions at Carlson Hotels Worldwide and Wyndham International.
Announces Annual Shareholder Meeting Date
Separately, the company said it will hold its annual meeting at 9 a.m. CST on Wednesday, December 22, 2004, at Arlington's corporate headquarters located at 2355 S. Arlington Heights Rd., Arlington Heights, Ill.
The record date for determination of shareholders entitled to vote at the meeting is November 24, 2004.
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