RED LION HOTELS CORPORATION Red Lion Hotels Corporation announced that its President and Chief Executive Officer, Greg Mount, resigned his position with the Company, effective immediately. Mr. Mount has also resigned from the Company's Board of Directors, effective immediately. The board has appointed a search committee, and Frederic F. (Jake) Brace, an independent director on the Company's board, has been appointed as the committee chair.
Until the Company appoints a new chief executive officer, a management committee comprised of executives will oversee the operations of the Company, reporting to the Board, with Jake Brace as Board liaison to the management committee. The members of the management committee include Gary Sims, EVP and Chief Operating Officer, Julie Shiflett, EVP and Chief Financial Officer, and Thomas L. McKeirnan, EVP and General Counsel.
