BETHESDA, Md., May 20, 2013?–?Host Hotels & Resorts, Inc. (NYSE:HST) announced today as part of a broader leadership reorganization, that Gregory J. Larson, its current executive vice president, corporate strategy, has become the chief financial officer of the Company. ?Struan Robertson, the current chief investment officer, will, in addition to his investment activities, assume leadership of the Company’s disposition efforts.
Mr. Larson, who has been with the Company since 1993, has overseen corporate strategy since 2007, assumed leadership of dispositions in 2011 and has led the investor relations department since 2000.? Previously, he served as senior vice president responsible for treasury and corporate finance.? His transition to chief financial officer will consolidate all of the Company’s financial activities under his leadership.
Larry K. Harvey, who rejoined the Company in February 2003 and has acted as chief financial officer since 2007, will remain with the Company until the third quarter.? He will continue to serve as an executive vice president reporting? to our chief executive officer, W. Edward Walter and assist in the transition of the duties to the new chief financial officer.
Mr. Walter stated, “These changes allow us to streamline our organizational structure while continuing to field an industry leading management team.? I have worked with Greg throughout my tenure at Host, and I know that his experience and knowledge will provide the Company with strong leadership and continued success in the future.”
Mr. Walter continued, “We sincerely appreciate Larry’s service and the valuable contributions he has made over the years.? He has been an important part of the Company’s senior management team.”