This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Host Hotels & Resorts, Inc. Names Gregory J. Larson Its Chief Financial Officer

BETHESDA, Md., May 20, 2013 /PRNewswire/ -- Host Hotels & Resorts, Inc. (NYSE:HST) announced today as part of a broader leadership reorganization, that Gregory J. Larson, its current executive vice president, corporate strategy, has become the chief financial officer of the Company.  Struan Robertson, the current chief investment officer, will, in addition to his investment activities, assume leadership of the Company's disposition efforts. 

(Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO )

Mr. Larson, who has been with the Company since 1993, has overseen corporate strategy since 2007, assumed leadership of dispositions in 2011 and has led the investor relations department since 2000.  Previously, he served as senior vice president responsible for treasury and corporate finance.  His transition to chief financial officer will consolidate all of the Company's financial activities under his leadership.

Larry K. Harvey, who rejoined the Company in February 2003 and has acted as chief financial officer since 2007, will remain with the Company until the third quarter.  He will continue to serve as an executive vice president reporting  to our chief executive officer, W. Edward Walter and assist in the transition of the duties to the new chief financial officer.

Mr. Walter stated, "These changes allow us to streamline our organizational structure while continuing to field an industry leading management team.  I have worked with Greg throughout my tenure at Host, and I know that his experience and knowledge will provide the Company with strong leadership and continued success in the future."

Mr. Walter continued, "We sincerely appreciate Larry's service and the valuable contributions he has made over the years.  He has been an important part of the Company's senior management team."

A BOUT H OST H OTELS & R ESORTS

Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 103 properties in the United States and 15 properties internationally totaling approximately 62,500 rooms. The Company also holds non-controlling interests in a joint venture in Europe that owns 19 hotels with approximately 6,100 rooms and a joint venture in Asia that owns one hotel with approximately 300 rooms in Australia and a minority interest in two hotels in India and five hotels that are in various stages of development in India. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott ®, Ritz-Carlton ®, Westin ®, Sheraton ®, W ®, St. Regis ®, Le Meridien ®, The Luxury Collection ®, Hyatt ®, Fairmont ®, Four Seasons ®, Hilton ®, Swissotel ®, ibis ®, Pullman ®, and Novotel ®* in the operation of properties in over 50 major markets worldwide. For additional information, please visit the Company's website at www.hosthotels.com.  

* This press release contains registered trademarks that are the exclusive property of their respective owners. None of the owners of these trademarks has any responsibility or liability for any information contained in this press release.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,579.89 -150.22 -0.85%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs