La Quinta Appoints Travel Industry Veteran as Chief Accounting Officer
November 15 2004 - 5:00PM
PR Newswire (US)
La Quinta Appoints Travel Industry Veteran as Chief Accounting
Officer DALLAS, Nov. 15 /PRNewswire-FirstCall/ -- La Quinta
Corporation (NYSE:LQI) today announced that it has appointed Mark
Osterberg as Vice President and Chief Accounting Officer. Mr.
Osterberg will lead La Quinta's accounting, financial reporting and
audit functions and will report to David L. Rea, Executive Vice
President and Chief Financial Officer. Mr. Osterberg brings to La
Quinta over 20 years of financial management and public company
experience, much of that time being spent within the travel
industry. He has a broad background in GAAP, SEC and financial
disclosure matters. He has served as Chief Accounting Officer for
Northwest Airlines Corporation and Chief Financial Officer for Sun
Country Airlines. Most recently, Mr. Osterberg was a self-employed
consultant to a number of diverse clients. Mr. Osterberg's
professional background includes substantial public accounting
experience, having spent nine years with the accounting firm
Deloitte Haskins & Sells. Mr. Osterberg has also served on the
Financial Accounting Standards Advisory Council. "We are pleased to
have such a strong industry veteran join La Quinta," said Mr. Rea.
"Mark's proven experience will enhance our accounting organization
and add depth to our senior leadership team." A graduate of
Southern Methodist University with a BBA in Economics, Mr.
Osterberg also holds an MA in Economics from Rice University and an
MBA in Accounting from the University of Florida and is a Certified
Public Accountant. About La Quinta Corporation La Quinta
Corporation is one of the largest owner/operators of limited-
service hotels in the United States. Based in Dallas, Texas, the
Company owns, operates or franchises more than 560 hotels in 39
states under the La Quinta Inns(R), La Quinta Inn & Suites(R),
Baymont Inns & Suites(R), Woodfield Suites(R) and Budgetel(R)
brands. For reservations or more information about La Quinta
Corporation, its brands or franchising program, please visit
http://www.lq.com/ . DATASOURCE: La Quinta Corporation CONTACT:
Sheryl Seyer, Investor Relations of La Quinta Corporation,
+1-877-777-6560 Web site: http://www.lq.com/
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