American Specific Elects Thomas Baltimore to Board of Directors | Company & Finance

“Tom is a extremely-revered leader in the hospitality market, with about 30 many years of knowledge, including much more than two many years in senior executive roles navigating global corporations by means of major improvements in vacation and lodging,” claimed Stephen J. Squeri, Chairman and Main Executive Officer. “He also provides comprehensive money markets awareness, and I know our Board will benefit enormously from his insights as we carry on to execute our system and make investments to construction the organization for prolonged time period advancement.”

Mr. Baltimore has led Park Motels & Resorts because 2016, when he joined the company shortly prior to its spin-off from Hilton All over the world Inc. In 2017, he was elected Chairman of the Board. Today, Park Inns & Resorts is the second major publicly traded lodging Real Estate Investment Have confidence in (REIT) in the United States, with a portfolio spanning 60 accommodations and resorts and more than 33,000 rooms. During his tenure, Mr. Baltimore has overseen Park Resorts & Resorts’ expansion into new marketplaces, which include with the acquisition of Chesapeake Lodging Belief in 2019, and has been leading the company’s reaction to the COVID-19 pandemic.

Prior to signing up for Park Inns & Resorts, Mr. Baltimore was President and Main Government Officer of RLJ Lodging Have confidence in, 1 of the greatest publicly traded lodging REITs in the nation, from 2011 to 2016. He also served as a Director on the company’s Board. Beforehand, Mr. Baltimore was President of hospitality investment business RLJ Growth LLC, the predecessor to RLJ Lodging Have faith in that Mr. Baltimore co-established in 2000. Previously in his profession, Mr. Baltimore served in a assortment of roles at Hilton Hotels Corp., Marriott International Inc., and PricewaterhouseCoopers LLP.

In addition to Park Hotels & Resorts’ Board, Mr. Baltimore also serves on the Board of Prudential Fiscal Inc., and sits on the Government Board of the Nationwide Affiliation of Authentic Estate Financial commitment Trusts, the Boards of the University of Virginia Financial commitment Management Corporation and The Actual Estate Roundtable, and the Government Committee of the American Lodge & Lodging Association.

Mr. Baltimore gained his Bachelor of Science degree from the McIntire College of Commerce at the University of Virginia and Master of Business enterprise Administration degree from the Darden School of Business at the College of Virginia.

Vital inbound links to products and solutions, solutions and company obligation facts: charge and credit score playing cards, enterprise credit rating playing cards, travel solutions, reward cards, pay as you go cards, merchant products and services, Accertify, InAuth, corporate card, company journey, and company responsibility.

Get hold of: AMERICAN Categorical

Keyword: UNITED STATES NORTH America NEW YORK

Market Search phrase: FINANCE BANKING Specialist Expert services LODGING Vacation

Resource: American Convey Corporation

Copyright Company Wire 2021.

PUB: 01/27/2021 03:00 PM/DISC: 01/27/2021 03:01 PM