Extended Stay America Announces Resignation of Chief Financial Officer
Chief Executive Officer, Jim Donald said, "Peter has made invaluable contributions to the Company through both the IPO process and now our first year as a public company. He has been instrumental in establishing our solid financial standing and building the financial infrastructure of the Company. We are grateful for Peter's contributions, his ongoing assistance and wish him well in his future endeavors. He leaves us with an experienced financial team in place that will help ensure a seamless transition under Jonathan's leadership."
Mr. Crage noted, "I very much appreciated the opportunity to serve as Chief Financial Officer of Extended Stay during this exciting time. We have been successful in building a very strong Company and many of my personal goals for the Company have now been realized. I look forward to watching the Company continue to grow and thrive with the foundation and management team we have in place."
About Extended Stay America
Extended Stay America, Inc., the largest owner/operator of company-branded hotels in North America, owns and operates 625 hotels and over 68,000 rooms in North America and employs over 8,000 employees at its hotel properties and headquarters. The company's core brand, Extended Stay America®, serves the mid-priced extended stay segment. Visit ESA.com for more information about the company and its services.