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Fairmont Hotels & Resorts Inc. Appoints Chairman Of The Board And
Announces Election Of Director
TORONTO, April 30 /PRNewswire-FirstCall/ -- Fairmont Hotels & Resorts Inc.
("FHR")(TSX/NYSE: FHR) is pleased to announce the appointment of Peter C.
Godsoe as Chairman of the Board of Directors, effective immediately. FHR is
also pleased to announce the election of Karen M. Rose to FHR's Board of
Directors.
Mr. Godsoe was Chairman and Chief Executive Officer of The Bank of Nova Scotia
until his retirement in December 2003. He was a member of the Board of
Directors of The Bank of Nova Scotia from 1992 until March 2004. Mr. Godsoe is
a director of Barrick Gold Corporation, Empire Company Limited, Ingersoll-Rand
Company Limited, Lonmin PLC, Rogers Communications Inc., Templeton Emerging
Markets Investment Trust PLC and Mount Sinai Hospital. In 2002, Mr. Godsoe
received the Order of Canada and was recognized as one of Canada's most
respected business leaders with his induction into the Canadian Business Hall
of Fame.
Ms. Rose was appointed Group Vice President and Chief Financial Officer of The
Clorox Company in 1997 and held this position until her retirement in October
2003. Joining The Clorox Company in 1978 where she has held a number of
financial positions of increasing responsibility, Ms. Rose brings a wealth of
international brand experience to FHR's Board of Directors.
About Fairmont Hotels & Resorts Inc.
FHR is one of North America's leading owner/operators of luxury hotels and
resorts. FHR's managed portfolio consists of 83 luxury and first-class
properties with more than 33,000 guestrooms in the United States, Canada,
Mexico, Bermuda, Barbados and the United Arab Emirates. It holds an 83.5%
controlling interest in Fairmont Hotels Inc., North America's largest luxury
hotel management company, as measured by rooms under management. Fairmont
manages 44 distinctive city center and resort hotels such as The Fairmont San
Francisco, The Fairmont Banff Springs and The Fairmont Scottsdale Princess. FHR
also owns Delta Hotels, Canada's largest first-class hotel management company,
which manages and franchises 39 city center and resort properties in Canada. In
addition to hotel management, FHR holds real estate interests in 23 properties
and an approximate 35% investment interest in Legacy Hotels Real Estate
Investment Trust, which owns 24 properties.
DATASOURCE: Fairmont Hotels & Resorts Inc.
CONTACT: Contact: Emma Thompson, Executive Director
Investor Relations, Tel: (416) 874-2485, Email: ,
Website: http://www.fairmont.com/