Mr. Bierkan was initially appointed as interim President and Chief
Executive Officer in
Mr. Bierkan has served as the Company’s Chief Investment Officer since
the Company’s formation in 2011 and will continue to serve in that role
for the time being. Mr. Bierkan served as a Principal and Executive Vice
President of the Company’s predecessor,
Ms. Hale will serve in the dual role of Chief Operating Officer and Chief Financial Officer (“CFO”) of the Company. She will continue to oversee all financial matters, investor relations, and remain significantly involved in the daily operations of the Company. In her dual role, Ms. Hale’s responsibilities will be expanded to include the management of the Company’s operating platform, primarily comprising the Asset Management and Design and Construction functions.
“Leslie, like Ross, has been an integral part of the RLJ success story
for over 11 years,” commented Mr. Johnson. “She demonstrated in her role
as CFO that she commands the knowledge and expertise needed to develop,
execute, and communicate the
Ms. Hale joined RLJ Development, LLC the Company’s predecessor in 2005 as its Director of Real Estate and Finance and was promoted to Vice President in 2006. In 2007, she was promoted to Chief Financial Officer and Senior Vice President and, in 2013, she was promoted to Executive Vice President. Prior to Ms. Hale’s tenure at RLJ, she held several positions within General Electric Capital Corporation (“GE”), including Vice President in the Mergers and Acquisitions Group of GE Commercial Finance and Associate Director in the GE Real Estate – Strategic Capital Group. Before GE, Ms. Hale was an investment banker at Goldman, Sachs & Co.
About
Forward Looking Statements
Certain statements in this press release, other than purely
historical information, including estimates, projections, statements
relating to our business plans, objectives and expected operating
results, and the assumptions upon which those statements are based, are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the Securities
Act of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements generally are
identified by the use of the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “plan,” “may,” “will,” “will continue,”
“intend,” “should,” “may” or similar expressions. Although we believe
that the expectations reflected in such forward-looking statements are
based upon reasonable assumptions, beliefs and expectations, such
forward-looking statements are not predictions of future events or
guarantees of future performance and our actual results could differ
materially from those set forth in the forward-looking statements. Some
factors that might cause such a difference include the following: the
current global economic uncertainty, increased direct competition,
changes in government regulations or accounting rules, changes in local,
national and global real estate conditions, declines in the lodging
industry, seasonality of the lodging industry, risks related to natural
disasters, such as earthquakes and hurricanes, hostilities, including
future terrorist attacks or fear of hostilities that affect travel, our
ability to obtain lines of credit or permanent financing on satisfactory
terms, changes in interest rates, access to capital through offerings of
our common and preferred shares of beneficial interest, or debt, our
ability to identify suitable acquisitions, our ability to close on
identified acquisitions and integrate those businesses and inaccuracies
of our accounting estimates. A discussion of these and other risks and
uncertainties that could cause actual results and events to differ
materially from such forward-looking statements is included in "Risk
Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" of the Company's Annual Report on
Form 10-K for the year ended
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please visit our website:
http://rljlodgingtrust.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160801005593/en/
Source:
RLJ Lodging Trust
Investor:
Leslie
D. Hale, 301-280-7774
Chief Financial Officer and
Chief Operating Officer
or
Media:
Michelle
Curtis, 301-280-7701
Executive Assistant to Executive
Chairman