As previously announced on December 12, 2002, the Board separated the Chairman position from the CEO position and named an Independent Director, Kenneth M. Fell, to be Chairman. Mr. Fell commented, "Mr. Shapiro has demonstrated his dedication, commitment, and independent leadership since joining the Board, and will continue to play an integral role in assisting the Company in attaining its strategic objectives."
Mr. Shapiro has been a member of Arlington's Board of Directors since September 2002. He is Chairman of the Company's Corporate Governance/Nominating Committee and also a member of the Compensation and Ad Hoc Committees. Shapiro, 41, is President and Managing Member of Lawndale Capital Management, LLC, a San Francisco, California investment advisory firm which controls 472,300 shares of Arlington Hospitality common stock, or 9.4% of outstanding shares. He is currently a Board Observer of Earl Scheib, Inc. (A: ESH) pursuant to an agreement with that company's Board, and he is a member of the National Association of Corporate Directors. He received a J.D. degree from the UCLA School of Law, a M.B.A. degree from UCLA's Anderson Graduate School of Management and a B.S. in Business Administration from University of California-Berkeley's Haas School of Business.
Arlington Hospitality sells existing AmeriHost Inn hotels, as well as other branded hotels, as part of its hotel development strategy.
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