RLHC Appoints Two New Independent Board Members
March 22 2017 - 4:15PM
~ Bonny Simi and Joseph
Megibow to Join Board of Directors
~~ New Directors Bring
Extensive Experience in Travel and Digital Commerce
~
Red Lion Hotels Corporation (“RLHC”) (NYSE:RLH), a growing
hospitality company that operates and franchises upscale, midscale
and economy hotels, announced the appointment of two new directors
to its board, Ms. Bonny Simi and Mr. Joseph Megibow, effective
April 1, 2017. Current director, Melvin Keating, is not standing
for re-election and his term will end at RLHC’s annual
shareholders’ meeting in May.
Robert G. Wolfe, Red Lion Hotels Chairman of the
Board commented, “We are thrilled to have Bonny and Joe join the
RLHC board of directors. Their respective credentials as leaders in
the travel, customer experience, e-commerce and digital technology
arenas will add valuable real-time perspective directly related to
RLHC’s business. Bonny brings deep experience in the travel and
leisure business as an executive of JetBlue and more recently as
the President of JetBlue’s venture capital subsidiary, while Joe
brings more than 20 years of first-hand experience as a leader in
e-commerce and digital analytics.”
Mr. Wolfe continued, “During this time of
transition, we’d also like to thank Mel Keating for his seven years
of service on the RLHC board. Mel has served in various roles on
RLHC’s board of directors, and helped guide RLHC through a number
of critical changes over the years. While Chairman of RLHC, Mel
helped catalyze the Board’s effort to transform the Company and
implement its asset light strategy.”
Bonny Simi is currently the President of JetBlue
Technology Ventures, the Silicon Valley innovation hub for JetBlue
Airways’ (NASDAQ:JBLU) investment and incubation of emerging
startups at the intersection of technology, travel, and
hospitality, and the Vice President Technology Innovations at
JetBlue Airways. She joined JetBlue in 2003 and has served in
operational and strategic roles within Flight Operations, System
Operations, People, Airports, and Customer Support, and developed
the award winning “Voice of the Customer” program. Most recently
she was the Vice President of Talent for JetBlue, overseeing the
hiring of 3000+ JetBlue Crewmembers every year, as well as the
talent management, people analytics and organizational development
teams. She is also a qualified airline captain for JetBlue.
Prior to JetBlue, Ms. Simi was a pilot at United Airlines, flying
727, 737 and 777 jets domestically and internationally. Ms. Simi is
also a 3 time Olympian and 10 time national champion in the sports
of luge and bobsled. Ms. Simi is a graduate of the Stanford
Graduate School of Business as well as the Stanford School of
Engineering, and also has a BA in Communications from Stanford.
Joseph Megibow currently serves as a board
advisor to Joyus, Inc. an online retailer, Clicktale, Ltd., a
customer experience platform and Digital Mortar, an in-store
analytics platform. He has held roles in a variety of disciplines
and has been at the forefront of e-commerce since the early 1990’s.
He is an established industry leader in digital analytics and data
optimization. Mr. Megibow is the former President of Joyus, and
served as SVP/Chief Digital Officer at American Eagle Outfitters
(NYSE:AEO), where he was responsible for the American Eagle and
Aerie direct businesses, omni-channel technology, digital
marketing, analytics, and customer service. Prior to American
Eagle, Mr. Megibow was Vice President and General Manager of
Expedia.com (NASDAQ:EXPE), where he had responsibility for
marketing, merchandising, and operations in the United States.
During this time, Mr. Megibow led the launch of Expedia's mobile
business and was named Chairman of Mobiata, an Expedia, Inc.
company. Mr. Megibow was also a charter employee of TeaLeaf
Technology, and held roles at Ernst & Young Management
Consulting, and at EDS in their Advanced Technology Group. Mr.
Megibow received a MBA from the University of Chicago Booth School
of Business and a BS in Electrical Engineering from Cornell
University.
About RLHCRed Lion Hotels
Corporation, established in 1959, is an international hospitality
company primarily engaged in the franchising, management and
ownership of upscale, midscale and economy hotels under the Hotel
RL, Red Lion Hotels, Red Lion Inn & Suites, GuestHouse, Settle
Inn, Vantage Hotels, Americas Best Value Inn, Canadas Best Value
Inn, Lexington by Vantage, America's Best Inns & Suites,
Country Hearth Inns, Jameson Inn, Signature Inn and 3 Palms Hotels
& Resorts brands. The company also owns and operates an
entertainment and event ticket distribution business under the
brand name TicketsWest. For more information, please visit the
company's website at www.rlhco.com.
Forward Looking Statements:
This press release contains forward-looking
statements within the meaning of federal securities law, including
statements concerning plans, objectives, goals, strategies,
projections of future events or performance and underlying
assumptions (many of which are based, in turn, upon further
assumptions). The forward-looking statements in this press release
are inherently subject to a variety of risks and uncertainties that
could cause actual results to differ materially from those
expressed. Such risks and uncertainties include, among others,
economic cycles; international conflicts; changes in future demand
and supply for hotel rooms; competitive conditions in the lodging
industry; relationships with franchisees and properties; impact of
government regulations; ability to obtain financing; changes in
energy, healthcare, insurance and other operating expenses; ability
to sell non-core assets; ability to locate lessees for rental
property; dependency upon the ability and experience of executive
officers and ability to retain or replace such officers as well as
other matters discussed in the Company's annual report on Form 10-K
for the year ended December 31, 2015, and in other documents filed
by the Company with the Securities and Exchange Commission.
Investor Relations Contact
Evelyn Infurna
O: 203-682-8265
C: 203-856-2088
Investor.relations@redlion.com
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