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LA QUINTA MOTOR INNS ANNOUNCES APPOINTMENT OF NEW PRESIDENT/CEO

      LA QUINTA MOTOR INNS ANNOUNCES APPOINTMENT OF NEW PRESIDENT/CEO
    SAN ANTONIO, Texas, March 3 /PRNewswire/ -- La Quinta Motor Inns, Inc. (NYSE: LQM) announced the appointment of Gary L. Mead as president and chief executive officer effective March 3, 1992.
    Mead, 44, had been the executive vice president-finance at Motel 6 from 1987 until January, 1991, following the sale of Motel 6 to Accor, the French lodging concern.  Prior to joining Motel 6, Mead had been the Deloitte Haskins & Sells partner supervising all services to Kohlberg Kravis Roberts & Co. and had advised KKR on numerous acquisitions, financings and restructurings.  During his career at DH&S, Mead had been the managing partner of the Kansas City office and supervised the office's practice with clients in a wide variety of industries.
    Sam Barshop, 62, founder of La Quinta, will remain the chairman of the board.  "The breadth of Mead's experience matches the needs of La Quinta as we continue the development of the company into the mid 1990s," commented Barshop.  "The other directors and I are pleased that he will be leading our management team."
    Additionally, La Quinta announced the resignation of Francis P. Bissaillon, chief operating officer, effective March 25, 1992.
    La Quinta Motor Inns, Inc. develops, owns and operates or licenses limited services lodging facilities.  At Dec. 31, 1991, La Quinta operated 212 inns in 29 states.
    -0-        3/3/92
    /CONTACT:  Sam Barshop, chairman of La Quinta Motor Inns, 512-366-6056/
    (LQM) CO:  La Quinta Motor Inns Inc. ST:  Texas IN:  LEI SU:  PER SH -- NY054 -- 4503 03/03/92 13:05 EST
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Publication:PR Newswire
Date:Mar 3, 1992
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