AMERIHOST PROPERTIES ELECTS MARSHALL GELLER DIRECTOR
AMERIHOST PROPERTIES ELECTS MARSHALL GELLER DIRECTOR DES PLAINES, Ill., Feb. 27 /PRNewswire/ -- The board of directors of
Amerihost Properties, Inc. (NASDAQ: HOST), a leader in construction, renovation and management of limited service hotels, today announced the election of Marshall S. Geller as a director, increasing the board to six members. Geller will chair the executive committee on financing and corporate growth.
Geller, 53, currently a merchant banker, was vice chairman of Gruntal & Co., an investment banking firm, from 1988 to 1990. Previously, he spent 21 years with the investment banking firm of Bear, Stearns & Co. where he served as senior managing director of the Los Angeles, San Francisco, Chicago and Hong Kong offices. Geller was involved in the areas of corporate finance, public finance, and institutional equities and debt. He was a member of the company's management committee, a director of Shum Loong-Bear Stearns Far East and Sun Hung Kai- Bear Stearns, leading Chinese investment banking firms, and a pioneer in equity and investment banking in Japan during the early 1970's. "Amerihost will benefit extensively from Geller's broad-based knowledge, experience and success in dealing with emerging public companies and the investment community," H. Andrew Torchia, chairman, said. Geller is a director of several public companies, and is active in a variety of charitable organizations. He has served on the Illinois Task Force on Financial Services, an organization created by Gov. James R. Thompson to analyze and suggest changes in the state Financial Services Regulations. He also served on Los Angeles Mayor Tom Bradley's Advisory Board to the California Corporation Commissioner, assisting in the study of the securities and real estate industries. Geller resides in Bel Air, Calif., and has offices in Los Angeles. Amerihost, which is expanding rapidly both geographically and in number of properties, currently operates 43 hotels with more than 4500 rooms in Illinois, Indiana, Ohio, Tennessee, Georgia, Louisiana and Kentucky. -0- 2/27/92 /CONTACT: Richard A. D'Onofrio of Amerihost Properties, 708-298-4500/ (HOST) CO: Amerihost Properties, Inc. ST: Illinois IN: LEI SU: PER SM-OS -- NY012 -- 3135 02/27/92 09:40 EST
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|Date:||Feb 27, 1992|
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