DiamondRock Hospitality Company Announces Retirement of John L. Williams
BETHESDA, Md., Feb. 6, 2013
BETHESDA, Md., Feb. 6, 2013 /PRNewswire/ --DiamondRock Hospitality Company
(the "Company") (NYSE: DRH) today announced that John L. Williams will be
retiring from his position as President and Chief Operating Officer of the
Company effective May 1, 2013. The Company has engaged Ferguson Partners to
conduct a nationwide search for a successor to Mr. Williams.
"John has had a remarkable career with over 30 years of dedicated service in
the lodging industry. The Board and I want to thank John for his many
contributions to the Company, which he helped found in 2004. He has been
instrumental in building DiamondRock into one of the leading public lodging
real estate companies," said Mark W. Brugger, the Chief Executive Officer of
DiamondRock Hospitality Company. "With his strong real estate skills and
extensive lodging experience, John helped assemble our current world class
hotel portfolio, concentrated in many of the most desirable markets in the
United States. Moreover, he has helped mentor and develop talented asset
managers and investment specialists to position the Company for future
growth. We expect to execute a smooth transition and are confident in the
plans we have in place to drive shareholder value."
About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust
(REIT) that is an owner of premium hotel properties. The Company owns 27
premium hotels with approximately 11,500 rooms and holds one senior mortgage
loan. The Company's hotels are generally operated under globally recognized
brands such as Hilton, Marriott, and Westin. For further information, please
visit DiamondRock Hospitality Company's website at www.drhc.com.
SOURCE DiamondRock Hospitality Company
Contact: Sean Mahoney, +1-240-744-1150
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