Phanstiel resigns as ARV chairman and CEO.Costa Mesa, California-based ARV ARV abbr. Bible American Revised Version ARV n abbr (= American Revised Version) → traducción americana de la Biblia ARV n abbr (= Assisted Living Inc. announced that Howard Phanstiel, chairman and chief executive officer, has resigned from the company and the board of directors to pursue other business opportunities. Douglas Pasquale, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and a director, will assume the 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. post. Pasquale, 44, came to ARV in June 1998 from Richfield Hospitality Services Inc. and Regal Hotels International-North America, a leading hotel ownership and hotel management company, where he served as CFO See Chief Financial Officer. and then CEO. ARV operates 63 assisted living facilities with about 8,000 units in 11 states. |
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