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Investors appoint new CEO.


Secured Diversified Investment, Ltd. SCDI SCDI Scottish Council of Development and Industry , a diversified real estate holding and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 company, announced that Louis Leon, formerly of Starwood Hotels & Resorts Worldwide, Inc. has been appointed Chief Executive Officer of the Company.

Secured Diversified Investment, Ltd. Chairman of the Board & former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , C.L. Strand, who announced the appointment of Leon as the new Chief Executive Officer stated, "Mr. Leon was recruited to the position to assist me in implementing the strategic plan of the company for growth on a national basis. I am very pleased that he has joined our team and I look forward to working closely with Louis toward that goal."

Leon has extensive experience with public corporations in the area of acquisition, financing, operations and management of hospitality properties.

Before joining Secured Diversified Investment, Ltd., Leon was the CFO See Chief Financial Officer.  of Starwood's St. Regis Monarch Beach Resort in Orange County, California Orange County is a county in Southern California, United States. Its county seat is Santa Ana. According to the 2000 Census, its population was 2,846,289, making it the second most populous county in the state of California, and the fifth most populous in the United States. .

Leon commented, "With SDI's unique access to institutional grade properties and its seasoned commercial real estate team, our Company is postured to take advantage of an expanding real estate market. SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation.  will also be seeking opportunities in the hospitality industry as part of its overall asset acquisition strategy."

Strand stated, "My focus and time will now be directed toward acquisitions of major commercial real estate portfolios and toward the further development of the Nationwide Commercial Brokers subsidiary of the company."

Leon was previously Chief Financial Officer of Nakamichi America Corporation and Nakamichi Europe Ltd., subsidiaries of Nakamichi Corporation, Japan.

Prior to his appointment at Nakamichi, he was the Vice President of Finance of the hotel division (Sutton Place Grande Hotels Group) with corporate offices located in Newport Beach, California Newport Harbor redirects here. For the MTV reality series, see .

Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana.
. Sutton Place owns a group of four and five star luxury hotels located in Vancouver, Toronto. Chicago, Illinois and Newport Beach, California.

C.L Strand will remain as Chairman of the Board of Directors and President.
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Title Annotation:Finance: real estate; Secured Diversified Investment, Ltd appointed Louis Leon as Chief executive officers
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Sep 15, 2004
Words:311
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