Tuesday, May 5, 2015

Chatham Lodging Promotes Dennis Craven to Chief Operating Officer; Jeremy Wegner Joins Company as CFO


Jeffrey H. Fisher
 PALM BEACH, FL —Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, announced that it has promoted Dennis M. Craven from chief financial officer to executive vice president and chief operating officer.

The company also announced that Jeremy Wegner is joining the company as senior vice president and chief financial officer. 

“With our portfolio of owned and joint-venture hotels now exceeding $3 billion and more than 130 hotels nationwide, combined with our appetite to continue building Chatham into the premier upscale, extended-stay and select-service hotel REIT, it was important for us to add depth to our executive management team,” said Jeffrey H. Fisher, Chatham’s chairman, president and chief executive officer.

Dennis M. Craven
  “Dennis’ promotion recognizes the significant contributions he has made to the company since joining Chatham and Jeremy brings nearly two decades of sophisticated financial and hospitality expertise to Chatham.

“Dennis will remain responsible for Chatham’s overall financial  strategy, will lead our expanding asset management, investor and brand relationship functions and oversee the overall operations of Chatham.”

Mr. Wegner has a significant track record of involvement in more than $50 billion of mergers, acquisitions and equity and debt financings.  

Prior to joining Chatham, he served as vice president of mergers and acquisitions for Starwood Hotels & Resorts Worldwide where he was responsible for identifying and executing merger, acquisition, and divestiture opportunities. 

For a complete copy of the company’s news release, please contact:

Chris Daly  
Daly Gray Public Relations                                  
(Media)   
 (703) 435-6293                                                                                                                 

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