David S. Fraser Named as Chair of Audit Committee of Jameson Inns, Inc. Board
December 06 2004 - 8:30AM
PR Newswire (US)
David S. Fraser Named as Chair of Audit Committee of Jameson Inns,
Inc. Board ATLANTA, Dec. 6 /PRNewswire-FirstCall/ -- Jameson Inns,
Inc. (NASDAQ:JAMS) today announced that David S. Fraser was
appointed as Chairman of the Audit Committee of the Board of
Directors of Jameson Inns. Mr. Fraser was first appointed to the
Board in March of 2004 and was re-elected for a three year term at
the annual meeting of the Company's shareholders held June 4, 2004.
Mr. Fraser has served as a member of the audit committee during his
entire term as a director and replaces Michael E. Lawrence as
chairman. Mr. Lawrence remains a director and audit committee
member. The Jameson board of directors has determined that Mr.
Fraser meets the qualifications of an audit committee financial
expert. In his career, Mr. Fraser has served as Vice President,
Corporate Banking for Crocker National Bank, a national bank
headquartered in Los Angeles, California; Vice-President and
Treasurer of Fuqua Industries, Inc., a Fortune 500 company based in
Atlanta, Georgia; Chief Financial Officer of Graphic Industries,
Inc., a public commercial printing company in Atlanta; and served
as Vice President and Chief Financial Officer of Crown Crafts,
Inc., a NYSE listed corporation in the home textile industry with
headquarters in Atlanta, Georgia, until he retired in 2000. He was
also president and a principal of Pawly Industries Corporation a
private company involved in the manufacture and distribution of
marine accessories. Mr. Fraser currently serves as a director for
Delta Apparel, Inc., an American Stock Exchange listed company
based in Duluth, Georgia that is in the active wear apparel
industry, and serves as chairman of that company's audit committee
of the board of directors. Mr. Fraser earned a Bachelor of Science
in Business Administration from the University of California, Los
Angeles and served for four years in the Army Corps of Engineers,
having graduated with distinction from the U.S. Army Engineer
School. Jameson Inns, Inc. owns and operates the Jameson Inn and
Signature Inn limited service hotel properties. For more
information, visit the Company's website at
http://www.jamesoninns.com/ . DATASOURCE: Jameson Inns, Inc.
CONTACT: Todd Atenhan, , or Valerie Kimball, , both of EPOCH
Financial, +1-888-917-5109 Web site: http://www.jamesoninns.com/
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