Ashford Hospitality Trust Appoints Interim CFO
November 04 2008 - 4:00PM
Business Wire
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that
due to the recent hospitalization of David Kimichik, the Company�s
Chief Financial Officer, Mark Nunneley, Chief Accounting Officer,
has assumed the additional responsibilities of interim Chief
Financial Officer. The Company fully expects Mr. Kimichik to resume
his duties as Chief Financial Officer in the near future. Out of
respect for Mr. Kimichik and his family�s right to privacy, the
Company will refrain from further comment on his health until
appropriate. Ashford will announce its results for the third
quarter ended September 30, 2008, as regularly scheduled after the
market closes on Wednesday, November 5, 2008. Its regularly
scheduled conference call will be held at 11:00am ET on Thursday,
November 6, 2008. Ashford Hospitality Trust is a self-administered
real estate investment trust focused on investing in the
hospitality industry across all segments and at all levels of the
capital structure, including direct hotel investments, first
mortgages, mezzanine loans and sale-leaseback transactions.
Additional information can be found on the Company�s web site at
www.ahtreit.com. Certain statements and assumptions in this press
release contain or are based upon "forward-looking" information and
are being made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties.
When we use the words "will likely result," "may," "anticipate,"
"estimate," "should," "expect," "believe," "intend," or similar
expressions, we intend to identify forward-looking statements. Such
statements are subject to numerous assumptions and uncertainties,
many of which are outside Ashford�s control. These forward-looking
statements are subject to known and unknown risks and
uncertainties, which could cause actual results to differ
materially from those anticipated, including, without limitation:
general volatility of the capital markets and the market price of
our common stock; changes in our business or investment strategy;
availability, terms and deployment of capital; availability of
qualified personnel; changes in our industry and the market in
which we operate, interest rates or the general economy; and the
degree and nature of our competition. These and other risk factors
are more fully discussed in Ashford�s filings with the Securities
and Exchange Commission. The forward-looking statements included in
this press release are only made as of the date of this press
release. Investors should not place undue reliance on these
forward-looking statements. We are not obligated to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or circumstances, changes in
expectations or otherwise.
Ashford Hospitality (NYSE:AHT)
Historical Stock Chart
From May 2024 to Jun 2024
Ashford Hospitality (NYSE:AHT)
Historical Stock Chart
From Jun 2023 to Jun 2024