Angeloni, who had been serving as the interim chief executive officer, has assumed his position effective immediately.
"Since joining us in July, Arnold has very quickly and capably demonstrated excellent leadership and managerial skills, an impressive ability to master the intricacies of our business and a keen understanding of the interpersonal skills needed for a job such as his," said Richard S. Taylor, chairman of the company's board of governors. "As the board watched Arnold's performance with increasing satisfaction, we realized that the right candidate for the position was already on the job."
"I am excited by the opportunity to extend my relationship with this wonderful company," said Angeloni. "AmericInn and its parent are well- regarded in the lodging and restaurant industries and have excellent prospects for growth. Serving as interim CEO has given me great insight into the company and made my decision to join the management team an easy one."
Prior to his tenure with AmericInn, Angeloni was a management consultant who specialized in providing companies with interim management and advisory services. Angeloni also has held various senior executive positions with Deluxe Corporation, a printing and financial services company, where -- over a 30-year career -- he was president of the $1.2 billion Check Printing Division as well as president of the Business Systems Division, a $400 million business unit.
Logos, product and company names mentioned are the property of their respective owners.