Choice Hotels Board Promotes Joseph M. Squeri to Executive Vice President, Operations, and Chief Financial Officer.SILVER SPRING, Md. -- Choice Hotels International, Inc. (NYSE NYSE See: New York Stock Exchange :CHH CHH Cartilage Hair Hypoplasia CHH Crustacean Hyperglycemic Hormone CHH Carter Holt Harvey Limited (Australia & New Zealand) CHH Chuan Hup Holdings Limited (Singapore) CHH Certified Hardware Hosineer ) today announced that its board of directors has promoted Joseph M. Squeri to the position of executive vice president, operations, and chief financial officer, taking on additional operating responsibilities in the areas of franchise services, partner services and information technology. Squeri previously had been executive vice president and chief financial officer and oversees the finance, franchise development and brand functions. "With this move, we have created a more efficient and focused organization," said Charles A. Ledsinger, Jr., president and chief executive officer. "Better alignment among many of the key operating functions will enable us to target our efforts on our key goals of maximizing returns for both our franchisees and shareholders." "Under Joe's leadership, we have achieved record franchise development and improved brand management," he added. "This added responsibility will help drive our initiatives to make our franchisees more successful and further enhance our prospects for future growth." Ledsinger's direct reports now include: Squeri; Wayne Wielgus, executive vice president and chief marketing officer; Michael DeSantis, senior vice president and general counsel; Bruce Haase, senior vice president, international; and Tom Migron, senior vice president, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and administration. Reporting to Squeri will be: David Goldberg, senior vice president, corporate and brand strategy; Janna Morrision, senior vice president, franchise services; David Pepper
Squeri is a graduate of the University of Virginia. He joined the company in February 1997 and has been the chief financial officer since June 1999. He assumed responsibility for franchise sales and development in April 2002 and responsibility for brands and product development in 2004. Prior to joining Choice, Squeri was with The Carlyle Group You can help Wikipedia by removing weasel words. The Carlyle Group is a Washington, D.C. , a leading private investment firm in Washington, D.C. Choice Hotels International is one of the world's largest lodging franchisors, marketing more than 5,000 hotels open or under development in more than 40 countries and territories under the Cambria Suites, Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, MainStay Suites Mainstay Suites is a brand of mid-priced extended stay hotels franchised by Choice Hotels International. Mainstay Suites hotels provide comfortable and affordable accommodations to extended stay travelers as well as provide many amenities to its guests. , Econo Lodge Econo Lodge is an economy motel chain based in the United States. Econo Lodge is the second largest brand in the Choice Hotels system. It is one of the best known names of its category and provides affordable rooms to budget travelers. and Rodeway Inn Rodeway Inn is an upper-priced economy chain of motels in the United States and Canada. Rodeway Inn is a brand of the Choice Hotels group. There are over 150 locations in North America. brand names. For more information on Choice, visit the company's Web site at www.choicehotels.com. Cambria Suites, Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn and MainStay Suites are registered trademarks, service marks and trade names of Choice Hotels International, Inc. (C) 2005 Choice Hotels International, Inc.All rights reserved. |
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