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| Gregg Forde |
PALM BEACH, FL—Officials of Island Hospitality
Management, one of the nation’s largest
hotel management companies, announced today that Tim Walker, previously
president and CEO, has stepped down from his position to pursue other business
opportunities.
“Tim has been with the company for 18 years, starting as a
general manager and rising to the head of the company,” said Jeffrey H.
Fisher, principal.
“He has
accomplished everything he wanted to do at Island Hospitality at the highest
level and we wish him all the best and great success in his future
endeavor. Fortunately, our senior
management team already in place allows us to continue in a business-as-usual-mode.”
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| Tim Walker |
Three members of the company’s long-time senior management
team will lead the company moving forward.
Gregg Forde, senior vice president of operations who
has been with the company since 2003, will continue to oversee the day-to-day
supervision of the company’s more than 80 third-party managed properties.
 |
| Jeff Waldt |
Senior vice president of sales and marketing and a 10-year
veteran of the company, Jeff Waldt, will be responsible for all sales
and marketing efforts. In addition,
Waldt will be responsible for the company’s new business development.
Roger Pollak,
senior vice president of accounting who joined the company in 1995, will direct
the company’s corporate office functions.
Headquartered in Palm Beach, Fla., Island Hospitality
Management,is a leading, national, third-party, independent management
company.
 |
| Roger Pollak |
It operates more than 80
hotels under six different brands, primarily premium select-service hotels,
upscale, extended-stay properties, and upscale hotels, in 22 states and the
District of Columbia.
Additional
information is available on the company’s Web site, www.islandhospitality.com.
For a complete copy of the company’s news release, please
contact:
Lauralee Dobbins/Chris Daly
Daly Gray, Inc.
703-435-6293
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