SILVER SPRING, Md. (March 24, 2000) - Choice Hotels International, Inc. (NYSE:CHH) today announced the appointment of Bruce N. Haase as vice president, finance, and treasurer, effective immediately.
Haase, 39, was vice president, finance, and treasurer for The Ryland Group, Inc., a $2 billion NYSE-listed homebuilding and mortgage finance organization. In this role, he led the company`s treasury and capital raising efforts in addition to Ryland`s investor relations and acquisition functions.
“Bruce will oversee Choice`s capital raising activities, as well as assume a leadership role in corporate development transactions,” said Joseph M. Squeri, senior vice president and chief financial officer. “His appointment will greatly aid Choice in carrying out its strategic initiatives in growing its core businesses and using its distribution scale to enter new business arenas.”
In his new position, Haase will report directly to Squeri.
Haase began his career with Goldman, Sachs as a financial planning analyst. His previous experience includes service with Marriott International and Caterair International in key finance roles.
A graduate of the Virginia Polytechnic Institute with a degree in electrical engineering, he also earned a Master`s degree in electrical engineering from Johns Hopkins University and an M.B.A. from the Wharton School of the University of Pennsylvania, where he concentrated in corporate finance.
Choice Hotels International is the second-largest hotel franchisor in the world with more than 4,000 hotels, representing more than 330,000 rooms, open in 36 countries. Its Comfort, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn and MainStay Suites brands serve guests worldwide.