FelCor Lodging Trust
Incorporated , the nation’s second largest public hotel real estate
investment trust, today announced that its Board of Directors has
been increased from nine to 10 members and that David C. Kloeppel has been
elected by the Board of Directors to fill the newly created vacancy. Mr.
Kloeppel will stand for election by the Shareholders at FelCor’s 2005
annual meeting. He brings extensive hotel and investment banking
experience to FelCor’s Board. Mr. Kloeppel is Executive Vice President and Chief Financial Officer of
Gaylord Entertainment Company, a publicly traded lodging and entertainment
company focused on specialty niches in hospitality and entertainment.
Prior to joining Gaylord in September 2001, Mr. Kloeppel worked in the
Mergers and Acquisitions department at Deutsche Bank in New York, where he
was responsible for that department’s activities in the lodging, leisure
and real estate sectors.
“We’re extremely pleased to have David join our board. His expertise,
visionary leadership and proven track record will be beneficial to
FelCor,” said Thomas J. Corcoran, Jr., FelCor’s President & CEO. “David is
a respected lodging and banking expert and, together with FelCor’s other
board members, will chart the Company’s course in the coming years.”
Mr. Kloeppel attended the Owen Graduate School of Management at Vanderbilt
University where he received a Master of Business Administration in
addition to a Bachelor of Science degree from Vanderbilt University.