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FelCor names veteran hotelier Goldman new CEO

FelCor Lodging Trust named Steven Goldman CEO effective March 1. Troy Pentecost will continue as president and chief operating officer after serving as interim senior executive since September 2016.

Goldman, who will also join FelCor’s board of directors, has been involved in all aspects of hotel operations, acquisitions and divestitures, finance and development for more than 33 years. Most recently, he was managing director at Starwood Capital Group, where he served as president of Starwood Capital Group’s affiliate management company, SH Group. Prior to that, Goldman was chief executive officer of Groupe du Louvre, one of Starwood Capital’s portfolio investment holding companies based in France.

Goldman was also head of global development and asset management for Hilton Worldwide before quietly leaving the company in 2009 when it became embroiled in a legal dispute over the launch of the ill-fated Denizen lifestyle brand. Previously, he oversaw global acquisitions and development for Hyatt Hotels Corp. and Starwood Hotels and Resorts Worldwide.

“Steve is a tremendously talented executive who brings an ideal combination of operational and transactional experience to our company, as we continue to pursue all paths to create value for shareholders,” said Tom Corcoran Jr., FelCor’s chairman. “He has worked with many leading hotel companies and demonstrated an exceptional ability to generate returns for investors at the property, portfolio, and corporate levels.”

FelCor, a real estate investment trust, owns a diversified portfolio of primarily branded upper-upscale and luxury hotels that are located in major and resort markets throughout the U.S.

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