Host Hotels & Resorts has appointed Diana M. Laing to the company’s Board of Directors and Audit Committee, effective 11 October 2022 and 7 November 2022, respectively. The addition of Laing brings the Board to nine directors, seven of whom are independent, and three women directors, which is more than 30 percent of the Board.
A veteran corporate finance executive with a career specialising in real estate investment and operating companies, Laing brings more than 35 years of experience as a chief financial officer and public company executive to the Board of Directors. Most recently, she served as the interim chief financial officer for Alexander and Baldwin, a real estate investment trust and one of Hawaii’s top owners and operators of grocery-anchored strip retail hubs. Before this, she held chief financial officer roles for numerous real estate-focused companies, including American Homes 4 Rent, Thomas Properties Group, New Pacific Realty Corporation and Arden Realty.
“We are thrilled to welcome Diana Laing to our Board,” said Richard Marriott, chairman of the Host Hotels & Resorts Board of Directors. “We are confident that her deep knowledge and leadership in the real estate industry and her financial expertise will provide valuable perspectives and thoughtful insights to Host.”
“Diana is a highly-regarded corporate finance executive and will be an excellent addition to our Board,” said James Risoleo, president and CEO. “I look forward to working with her as we continue to execute our strategic objectives, drive profitability and enhance the value and quality of our portfolio.”
“It is a privilege to join the Board of Directors of Host Hotels & Resorts,” said Laing. “Given my long tenure in the REIT community, I have great respect for Host as a leader in the lodging REIT industry and the broader REIT sector. I am excited to share my industry experience and perspective with Host’s management team as they continue to capitalise on this leading position and achieve their strategic objectives.”
