Summit Hotel Properties, Inc. (NYSE:INN) (the “Company”) today announced
the appointment of Chief Accounting Officer, Paul Ruiz as interim Chief
Financial Officer, effective immediately. Mr. Ruiz will assume the
responsibilities from Stuart Becker, who has resigned. The Company has
engaged Korn Ferry to conduct a nationwide search for a permanent Chief
Financial Officer.
“Paul’s experience, coupled with the depth of our finance team, will
serve us well during this transition. Furthermore, let me thank Stuart
for his many contributions to Summit Hotel Properties as Chief Financial
Officer and wish him well in his future endeavors,” said Daniel Hansen,
President and Chief Executive Officer of Summit Hotel Properties.
Mr. Ruiz joined Summit Hotel Properties in May 2014 and has over 25
years of executive, financial, accounting and operational experience.
Prior to joining Summit, Mr. Ruiz served in senior executive roles for
companies in a variety of industries, including real estate and
technology. Most recently, Mr. Ruiz was the Director of Global Corporate
Accounting for Freescale Semiconductor, Inc. (NYSE: FSL), a global
leader in semiconductors. He began his career with
PricewaterhouseCoopers where he was an audit manager providing audit and
business advisory services to entrepreneurial, rapidly growing and
Fortune 500 companies.
Mr. Ruiz graduated with highest honors from the University of Texas at
Austin with a Bachelor of Business Administration in Accounting and
earned his Masters in Business Administration from Baylor University. He
is a Certified Public Accountant.
About Summit Hotel Properties
Summit Hotel Properties, Inc. is a publicly-traded real estate
investment trust focused primarily on acquiring and owning
premium-branded select-service hotels in the upscale and upper midscale
segments of the lodging industry. As of May 29, 2014, the Company’s
portfolio consisted of 90 hotels with a total of 11,353 guestrooms
located in 22 states.
For additional information, please visit the Company’s website, www.shpreit.com
and follow on Twitter at @SummitHotel_INN.
Copyright Business Wire 2014