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L Loews Corporation

76.50
-0.03 (-0.04%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Loews Corporation NYSE:L NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.04% 76.50 76.54 75.44 76.38 588,722 00:30:08

Loews Hotels & Resorts Names IHG Executive Kinsell as New CEO

02/12/2014 8:26pm

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Loews (NYSE:L)
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By Craig Karmin 

Loews Hotels & Resorts has named Kirk Kinsell as its new chief executive, poaching a top executive from its larger rival InterContinental Hotels Group.

Mr. Kinsell, currently president of the Americas for InterContinental and a 35-year industry veteran, will replace CEO Paul Whetsell, effective March 2, 2015. Mr. Whetsell will then become vice chairman, according to a Loews official.

"Kirk's broad experience in development, sales and brand operations makes him an ideal choice to lead Loews Hotels forward in our next phase of growth and operational excellence," Jonathan Tisch, Chairman of Loews Hotels & Resorts and Co-Chairman of Loews Corp., said in a statement.

New York-based Loews Hotels & Resorts owns or operates 23 hotels and resorts in the U.S. and Canada. It is a wholly owned subsidiary of Loews Corp.

Write to Craig Karmin at craig.karmin@wsj.com

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