Mr. Weiss, who has more than 15 years experience in the hospitality industry, joined La Quinta in 2001. Since then, he has held increasingly senior executive roles and has been significantly involved in the Company's financial activities. Previously, he served as vice president of finance and investor relations where he had responsibility for capital markets, corporate acquisitions, financial analysis and strategic planning. Most recently, he was executive vice president of acquisitions & development where he led the Company's $450 million expansion program. In his new role, he will be responsible for the full range of finance activities including accounting, financial reporting, planning and analysis, payroll, treasury, tax, internal audit and purchasing. In addition, he will continue to lead the Company's acquisition and real estate efforts.
'Over the past seven years, Temple has had an immense impact on La Quinta's success. He has displayed strong leadership and financial skills,' said Wayne Goldberg. 'This combination of knowledge and experience will contribute to a seamless transition of the Company's financial management.'
'I look forward to working with Wayne and the La Quinta management team in my new role,' said Mr. Weiss. 'Our company is well positioned to continue its growth and success.' Mr. Weiss received a Bachelor of Business Administration degree from Baylor University and a Master of Hospitality Management from the University of Houston.
About La Quinta
LQ Management L.L.C. is one of the largest operators of limited-service hotels in the United States. Based in Dallas, Texas, the Company operates and provides franchise services to more than 650 hotels in 45 states, Canada and Mexico under the La Quinta Inn(R) and La Quinta Inn & Suites(R) brands. For reservations or more information about La Quinta, please visit www.LQ.com.
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