La Quinta Broadens Executive Team

29th Oct 2003

La Quinta Corporation today announced that it has appointed William O.
Powell III as Vice President - Chief Accounting Officer. Mr. Powell will
lead La Quinta`s accounting, financial reporting and audit functions and
will report to David Rea, Executive Vice President - Chief Financial
Mr. Powell retired from PricewaterhouseCoopers in 2002 after 17 years as a
partner for the public accounting firm and served most recently as
Worldwide Engagement Leader-Partner. Mr. Powell joined
PricewaterhouseCoopers in 1974 and worked in both the Dallas and Houston
offices of that firm. “We are extremely pleased to have attracted such an
experienced industry veteran with the breadth of knowledge that Bill has,”
said David Rea, La Quinta`s Chief Financial Officer. “Bill brings not only
technical knowledge, but also people leadership skills that will support
La Quinta`s long-term strategic plans.”
During his career with PricewaterhouseCoopers, Mr. Powell was responsible
for directing professional services to clients and managing executive and
board of director relationships. He has a broad background in GAAP, SEC,
corporate governance and financial disclosure matters and has served
numerous public companies.
As a graduate of the U.S. Naval Academy with a B.S. in Engineering, Mr.
Powell also holds a B.A. in Accounting from the University of West Florida
and is a Certified Public Accountant. Additionally, Mr. Powell served from
1968 to 1974 as a Commissioned Officer with the U.S. Navy as a carrier jet


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