CHICAGO, Nov. 16 /PRNewswire-FirstCall/ -- Strategic Hotel Capital, Inc.
(NYSE: SLH), which operates as Strategic Hotels and Resorts, today announced
the appointment of Jayson C. Cyr as senior vice president - administration,
effective today. Mr. Cyr will oversee the financial reporting and accounting
functions of the company and report directly to James Mead, chief financial
officer.
Mr. Cyr, 57, has a combined 25 years of financial experience, and
extensive prior experience with Strategic Hotels. For the past year, he
served as an independent financial consultant to the company overseeing
Sarbanes-Oxley and internal audit. From 1998 to 2004, Mr. Cyr was senior vice
president - finance at Strategic Hotels, where he served as chief accounting
officer and corporate controller. He oversaw Strategic's $250 million IPO and
managed the company's accounting operations. For the preceding four years,
Mr. Cyr served at Security Capital Group as chief accounting officer
overseeing its $630 million IPO and all financial reporting duties.
Previously, Mr. Cyr was with Lincoln Property Company in Dallas where he was
Controller.
James Mead, chief financial officer of Strategic Hotels & Resorts,
commented, "Jayson brings extensive experience in real estate and lodging to
the company. As a senior member of our financial management team, his diverse
background in financial reporting, accounting and compliance issues provides
the company with the necessary knowledge base as we continue to execute our
growth strategy."
Mr. Cyr earned a B.S. degree in Accounting from Kansas State University.
He is a Certified Public Accountant (CPA) and a member of the AICPA.
About the Company
Strategic Hotel Capital, Inc. also operates under the name Strategic
Hotels & Resorts and is a real estate investment trust, which owns and asset
manages high-end hotels and resorts. The company has ownership interests in
16 properties with an aggregate of 7,585 rooms. For further information,
please visit the company's website at http://www.strategichotels.com .
SOURCE Strategic Hotel Capital, Inc.
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Related links:
http://www.strategichotels.com
CONTACT:
James Mead, Chief Financial Officer of
Strategic Hotel Capital, Inc., +1-312-658-5740, or General
Information, Leslie Loyet, +1-312-640-6672, or Media Inquiries,
Tim Grace, +1-312-640-6667, both of Financial Relations Board
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