Herman E. Bulls Appointed to Board of Directors of Host Hotels & Resorts, Inc.
June 18 2021 - 04:30PM
GlobeNewswire Inc.
Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation's largest
lodging real estate investment trust (the "Company"), today
announced the appointment of Herman E. Bulls to the Company’s Board
of Directors. With the addition of Mr. Bulls, the Company’s Board
will have nine directors, seven of whom are independent. Mr. Bulls
was elected to serve on the Board of Directors until the next
annual meeting of stockholders of the Company and was also
appointed to the Nominating and Corporate Governance Committee.
Mr. Bulls brings more than 30 years of real
estate, marketing and operations expertise to the Board of
Directors. He currently serves as vice chairman, Americas, as well
as an international director at Jones Lang LaSalle (“JLL”). In
addition, he was the founder of JLL's Public Institutions Business
Unit, which specializes in delivering comprehensive real estate
solutions to federal, state and local governments, economic
development and nonprofit organizations, and higher education
institutions. He also previously co-founded and served as president
and CEO of Bulls Capital Partners, a Fannie Mae multi-family
financing company, and founded Bulls Advisory Group, LLC, a
management and real estate advisory firm. Most recently, he was the
recipient of the Executive Leadership Council’s 2020 Achievement
Award, honoring an African American leader whose career
achievements highlight personal and professional excellence with
noteworthy business success.
“We are excited to welcome Herman Bulls to our
Board,” said Richard Marriott, chairman of the Host Hotels &
Resorts Board of Directors. “Given his longstanding commitment to
the real estate industry and his breath of expertise and
leadership, he will be a valuable advisor to Host as we remain
focused on long-term growth and value creation for our
stockholders.”
“Herman is a well-respected and visionary
thought leader and he will be an excellent addition to our Board,”
said James F. Risoleo, president and chief executive officer. “I
also appreciate his contributions and commitment to building a
culture of diversity and inclusion and being a role model for the
next generation of leaders in our industry.”
“It is a privilege to join such an esteemed
Board of Directors,” said Mr. Bulls. “I have great regard for
Host’s leadership position as the largest lodging real estate
investment trust. I am excited for the opportunity to work with the
Host management team and to find synergies between my real estate,
marketing and operations experience and perspective and achievement
of Host’s vision and strategic objectives.”
About Mr. Bulls
Mr. Bulls is an experienced real estate
executive with extensive Fortune 500 Board experience. During his
over 31-year tenure at JLL, he worked in the areas of development,
investment management, asset management, facilities operations and
business development/retention. Prior to joining JLL, Mr. Bulls
completed almost 12 years of active duty service with the United
States Army, retiring as a Colonel in the U.S. Army Reserves in
2008.
Additionally, Mr. Bulls is a member of the
Executive Leadership Council, Leadership Washington and the Real
Estate Executive Council. He is also a founding member and served
as the inaugural president of the African American Real Estate
Professionals of Washington, D.C. and serves as vice chairman of
the University Development and Innovation Council of the Urban Land
Institute. He currently serves as a member of the Board of
Directors at American Campus Communities, Collegis Education,
Comfort Systems USA, USAA and American Red Cross and is a member of
the Real Estate Advisory Committee for New York State Teachers'
Retirement System.
About Host Hotels &
Resorts
Host Hotels & Resorts, Inc. is an S&P
500 company and is the largest lodging real estate investment trust
and one of the largest owners of luxury and upper-upscale hotels.
The Company currently owns 77 properties in the United States and
five properties internationally totaling approximately 47,200
rooms. The Company also holds non-controlling interests in six
domestic and one international joint ventures. Guided by a
disciplined approach to capital allocation and aggressive asset
management, the Company partners with premium brands such as
Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, The
Luxury Collection®, Hyatt®, Fairmont®, Hilton®, Swissôtel®, ibis®
and Novotel®, as well as independent brands. For additional
information, please visit the Company’s website at
www.hosthotels.com.
SOURAV GHOSHChief Financial Officer(240)
744-5267
JAIME MARCUS Investor Relations(240)
744-5117ir@hosthotels.com
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