Shlecter Elected To LodgeNet Board

LodgeNet Entertainment Corp. , the world’s largest provider of broadband
interactive television services to the hospitality industry, has announced
that Scott H. Shlecter has been elected to its board of directors.
Shlecter has more than 25 years of experience in the consulting industry,
and is currently a managing director of Kayne Anderson Capital Advisors,
L.P., where he is a portfolio manager specializing in Real Estate
Investment Trusts (REITs).

“Scott Shlecter’s substantial experience in business strategy and his
grasp of strategic intelligence will be of great benefit as we move our
company forward,” said Scott C. Petersen, Chairman and CEO of LodgeNet.
“We are extremely pleased to welcome Scott to our board and look forward
to working with him.”

In 15 years with L.E.K. Consulting, LLC., a Bain & Company spin-off,
Shlecter co-founded the company’s North American operations, growing it to
become the largest non-US-headquartered strategy company in the United
States. He has significant direct consulting experience in new ventures,
high-tech, entertainment and healthcare. After L.E.K. Consulting, Shlecter
founded and served as CEO of Jewelry.com.

Shlecter earned his MBA from the Harvard Business School, where he was
named a George F. Baker scholar, and a bachelor’s degree in management
from the Massachusetts Institute of Technology (MIT), Phi Beta Kappa.
Shlecter currently serves on the advisory boards of Candle, one of the
world’s largest independent software and services company, and Glacier
Water Services. He is active in the World Presidents’ Organization and
lives in Beverly Hills, California with his wife and children. 

LodgeNet Entertainment Corporation ( http://www.lodgenet.com/ ) is the
leading provider in the delivery of broadband, interactive services to the
lodging industry, serving more hotels and guest rooms than any other
provider in the world. These services include on-demand digital movies,
digital music and music videos, Nintendo(R) video games, high-speed
Internet access and other interactive television services designed to
serve the needs of the lodging industry and the traveling public. As the
largest company in the industry, LodgeNet provides service to nearly one
million rooms including more than 957,000 interactive guest pay rooms in
more than 5,800 hotel properties worldwide. More than 260 million
travelers have access to LodgeNet systems on an annual basis. LodgeNet is
listed on NASDAQ and trades under the symbol LNET.
——-

ADVERTISEMENT