Company Names New CFO, New COONORFOLK, NE, Aug. 31, 2009 – Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT) which owns 117 hotels in 23 states, today announced the reorganization of its senior management team with the promotion of four executives to senior executive posts.
Among the promotions announced were two key appointments: Connie Scarpello was named chief financial officer and Steve Gilbert was appointed chief operating officer.
In addition, Paul Heybrock was promoted to vice-president, controller, and Pat Morland was promoted to assistant vice-president of human resources.
Concurrently, the company announced that Don Heimes will step down as chief financial officer, effective August 31. Heimes, 65, has served in that capacity since 2004.
“Don played a key leadership role during his five years at Supertel, which included what was arguably the most challenging operating environment in the history of our industry,” said Kelly A. Walters, Supertel’s president and chief executive officer.
Contacts:
Kelly Walters, 402.371.2520, kwalters@supertelinc.com
Jerry Daly, 703.435.6293, jerry@dalygray.com
Carol McCune, (703) 435-6293 ofc, (703) 435-6297 fax. carol@dalygray.com
