IRVING, Texas, Apr 01, 2008 (BUSINESS WIRE) -- FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that
it has appointed Mark D. Rozells to its Board of Directors.
Mr. Rozells brings over 20 years of broad investment, finance,
strategy and management experience to FelCor's board. Mr. Rozells is
currently the President of Inversiones Latinoamericanas S.A.
("INLASA"), a private real estate investment and development company
that he founded in 2007. Prior to founding INLASA, he served as
Managing Director of Procinea Management LLC, a privately-held
start-up investment firm. From 2000 to 2005, Mr. Rozells held senior
management roles with Liberty Media Corporation, serving as President
and Chief Executive Officer of DMX Music, Inc., a leading provider of
music and in-store entertainment services to commercial customers
including the lodging industry, and as Executive Vice President and
Chief Financial Officer of Liberty Digital, Inc., a publicly-held
media and music content production and distribution company.
Prior to Liberty Media Corporation, Mr. Rozells developed his
extensive real estate and hospitality experience at some of the most
highly-respected companies. During a ten-year period, he served as
Senior Vice President, Finance and Treasurer of Starwood Hotels &
Resorts Worldwide, Inc., and held senior treasury and finance roles
with The Walt Disney Company. He is a graduate of Yale College with a
degree in Economics.
"Mark is a great fit for our board. His financial and real estate
expertise and leadership skills are a great addition to our already
strong board," said Richard A. Smith, FelCor's President and CEO. "I
have known Mark for ten years, since our time at Starwood, and we are
very fortunate to have him join our team. As we continue to improve
the quality of our portfolio through future asset sales and
acquisitions, I have no doubt that he will add value to FelCor."
Mr. Rozells will stand for election by the Shareholders at
FelCor's 2008 annual meeting. He fills the vacancy created by the
departure of David C. Kloeppel. "For the past three years, Dave has
been a highly valuable member of FelCor's Board of Directors. I
appreciate his service to the company and I wish him well," continued
FelCor, a real estate investment trust, is the nation's largest
owner of upper upscale, all-suite hotels. FelCor's portfolio is
comprised of 85 consolidated hotels and resorts, located in 23 states
and Canada. FelCor's portfolio consists mostly of upper upscale
hotels, which are flagged under global brands such as Embassy Suites
Hotels(R), Doubletree(R), Hilton(R), Renaissance(R), Sheraton(R),
Westin(R) and Holiday Inn(R). Additional information can be found on
the Company's Web site at www.felcor.com.
SOURCE: FelCor Lodging Trust Incorporated
FelCor Lodging Trust Incorporated
Stephen A. Schafer, 972-444-4912
Vice President of Strategic Planning & Investor Relations