announced that Paul White, the Company’s Chief Financial Officer, has
been named the Company’s new President and Chief Executive Officer. Mr. White, 42, will assume his responsibilities on August 10th, 2007. He
replaces Simon Sherwood, whose resignation was announced in February
Paul White has had a 21-year career in the lodging industry, 16 of which
have been at Orient-Express Hotels. He has been a hotel General Manager,
a Financial Controller, a Regional Vice President with profit and loss
responsibility for the Company’s operations across a third of the globe,
and has served as Chief Financial Officer of the Company which is listed
on the New York Stock Exchange. He has a strong international background
and extensive experience in acquisition and development projects.
James B. Hurlock, Chairman of the Board of Orient-Express Hotels, said,
“After an extensive international search both within and outside the
Company, the Board has unanimously determined that Paul White is the
best possible choice as Chief Executive Officer.
During the search period, Paul was offered an opportunity with another
major organization; however, we are delighted that he has chosen to lead
Orient-Express Hotels into its next stage of development.
“He has a thorough understanding of Orient-Express Hotels’ luxury
lodging product and unique branding and marketing strategy. He has deep
experience in driving and managing growth of our hotel and tourist train
operations. He understands our Company and our people and he has a clear
vision of how to take the Company forward to the next level of growth.
We are confident that he will lead the Company successfully in the
achievement of that vision.”
“This is an exciting time in Orient-Express Hotels and I am delighted to
take on the challenges of leading such a prestigious Company into its
next phase of development,” said Paul White. “We are exceptionally well
placed to take advantage of the opportunities currently afforded by the
marketplace and by the appetite of discerning travellers for distinctive
travel experiences. I look forward to working with the Board to enhance
the position of Orient-Express Hotels at the forefront of luxury