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Hotel Industry News |
Sunday September 7th, 2008 |
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Feature - CEO Performance During Crisis |
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It is unlikely that many in the lodging industry will forget the year 2001 in a hurry although many may want to. The onset of a recession followed by 9/11 had a dramatic impact on industry prices. In addition, the Enron debacle has put corporate governance under the microscope, including executive pay performance. It is a testimony to the leadership and consistency of Charles Ledsinger at Choice Hotels that, one year after collecting the HVS Executive Search ‘Board of the Year’ award, he receives the award for top performing CEO.
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