BETHESDA, Md., July 2, 2013 /PRNewswire/ -- Host Hotels & Resorts, Inc. (NYSE: HST) today announced that on July 1, 2013 the board of directors increased its size from nine to ten directors and elected Ms. Mary L. Baglivo to the Board of Directors.
Ms. Baglivo is currently a partner with Brand Value Advisors, a strategic brand and digital marketing advisory firm. She previously served as chair and chief executive officer, the Americas at Saatchi & Saatchi Worldwide from 2008 to April 2013, and chief executive officer, New York from 2004 to 2008. Prior to joining Saatchi & Saatchi, she was president, Arnold Worldwide from 2002-2004 and chief executive officer of Panoramic Communications from 2001 until 2002. She currently serves on the board of directors of PVH Corp and is a member of its compensation committee. In addition, she is a trustee of Northwestern University, a director of the American Advertising Federation and a director of The Kids Corporation.
"We are very pleased to have Ms. Baglivo join our board. She brings significant expertise and leadership in consumer research, marketing and sales trends, as well as strategic planning to our board," said W. Edward Walter, president and chief executive officer.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 62,700 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.
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