Orient-Express Hotels Ltd. Appoints New Chairman of the Board
HAMILTON, Bermuda--(BUSINESS WIRE)--
Orient-Express Hotels Ltd. (NYSE; OEH, www.orient-express.com)
(the "Company") today confirmed the election of eight directors to its
Board of Directors at the Company's 2013 Annual General Meeting of
Shareholders, including a new independent director, Roland Hernandez,
who was also named Chairman of the Board.
Incumbent directors re-elected are Harsha V. Agadi, John D. Campbell,
Mitchell C. Hochberg, Ruth Kennedy, Prudence M. Leith, Georg R. Rafael
and John M. Scott. Following his election as director, Roland Hernandez
was appointed Chairman by the Board of Directors. The addition of Mr.
Hernandez underscores the Company's ongoing process of renewal of its
Board of Directors, with four of eight directors having joined the Board
in the past two years, and follows John Scott's appointment as President
& Chief Executive Officer in November 2012.
Commenting on his appointment, Mr. Hernandez said, "It is an honor to
have been named Chairman of Orient-Express Hotels during such an
exciting time of growth for the company. We have a strong foundation of
unique assets and I am looking forward to working with my fellow
directors to provide strategic counsel to John and his team as they
execute on their long-term strategy to deliver value for investors."
Mr. Hernandez is a highly successful media and entertainment executive
with broad public company board experience including in the hospitality
industry, where he has served as the lead director of MGM Resorts
International and Vail Resorts. He has been the Founding Principal and
Chief Executive Officer of Hernandez Media Ventures since 2001, and
previously served as Chief Executive Officer of Telemundo Group, Inc.
from 1995 to 2000. Mr. Hernandez currently serves on the Board of
Directors for MGM Resorts International, Vail Resorts, Inc., and U.S.
Bancorp, and recently stepped down from the Board of Sony Corporation.
As previously announced, the Company's outgoing Chairman, J. Robert
Lovejoy, and Board member, Philip R. Mengel, both retired from the Board
following the 2013 AGM. The Board expressed their gratitude to both
gentlemen for their dedicated service and contribution to the Company's
successful evolution, both as directors and as interim CEOs.
The reappointment of Deloitte LLC as the Company's independent auditors
was also approved by shareholders at the AGM.
About Orient-Express Hotels Ltd.
Orient-Express Hotels Ltd. is a luxury hotel company and sophisticated
adventure travel operator which seeks to deliver memorable experiences
that are the ultimate expression of each destination's authentic
culture. The Company has offered exceptional luxury travel experiences
since 1976, when it purchased Hotel Cipriani in Venice and then shortly
thereafter recreated the celebrated Venice Simplon-Orient-Express,
linking London, Paris and Venice, along with other European cities.
Today Orient-Express Hotels Ltd. embraces 45 hotel, cruise and luxury
rail businesses in 22 countries, including distinctive properties such
as Hotel Cipriani in Venice, Grand Hotel Europe in St Petersburg, Hotel
Ritz Madrid, Mount Nelson Hotel in Cape Town, Copacabana Palace in Rio
de Janeiroand Maroma Resort and Spa on Mexico's Riviera Maya. The
Company also operates six luxury tourist trains, three river cruise
operations and '21', one of New York's most iconic restaurants. www.orient-express.com
Source: Orient-Express Hotels