China Lodging Group, Limited Announces Management Change
Mr. Qi Ji, Executive Chairman of China Lodging Group, commented, "Chang joined the Company in January 2011. In the past 10 months, Mr. Su led several improvement initiatives to the hotel operations. I appreciate his contributions and wish him well in his future endeavors."
China Lodging Group, Limited (NASDAQ: HTHT) ("China Lodging Group" or the "Company"), a leading and high-growth economy hotel chain operator in China, today announced the resignation of Chang Su, Chief Operating Officer, who is leaving due to personal reasons, effective November 25, 2011. Mr. Su will continue to serve as a consultant to the Company following his resignation.
Mr. Qi Ji, Executive Chairman of China Lodging Group, commented, "Chang joined the Company in January 2011. In the past 10 months, Mr. Su led several improvement initiatives to the hotel operations. I appreciate his contributions and wish him well in his future endeavors."
In an effort to create a more efficient management structure, upon Mr. Su's resignation, the Company does not plan to fill the position of Chief Operating Officer in the near term.