Patriot American Hospitality, Inc. and Wyndham International, Inc. (NYSE:PAH), whose shares are paired and trade together, today announced that Anne Raymond has returned from her leave of absence to the position of Executive Vice President, Chief Investment Officer.
In her new role, Raymond will be responsible for acquisitions, development, dispositions, project finance, asset management and franchising. She will also serve as interim Chief Financial Officer until that position is filled. The Company said it continues its search for a CFO and has retained Spencer Stuart to handle that assignment.
Raymond, 41, was Executive Vice President and Chief Financial Officer of Wyndham Hotel Corporation from April 1995 until its merger with Patriot American in January 1998. She served as Executive Vice President and Chief Financial Officer of Patriot American until May 1998, when she took a personal leave of absence.
James D. Carreker, Chairman and Chief Executive Officer of Wyndham International, said, “As we pursue our strategy of focused growth, emphasizing our core luxury and upscale businesses in North America, Anne Raymond will play a key role. She is an outstanding professional with superb leadership skills and the highest values. We are delighted that she is returning in this important capacity.”
Prior to joining Wyndham in 1995, Raymond spent 11 years with Crow Family Holdings, where she served in a variety of senior financial positions including Managing Director, Capital Markets for the Crow Investment Trust and, before that, investment manager for the Crow family`s investments in Trammell Crow Company and in Wyndham Hotels & Resorts. Prior to joining Trammell Crow Interests, Raymond spent three years with Arthur Andersen & Company in Dallas.
A graduate of the University of Missouri, Raymond holds a Bachelor of Science degree in Business Administration. She is involved in various civic and professional organizations, including The Dallas Forum and Urban Land Institute.