Morgans Hotel Group Makes Leadership Changes – Board Member Howard M. Lorber Appointed Chairman

Morgans Hotel Group | May 20, 2015

Jason T. Kalisman Resigns as Interim CEO, Remains a Director NEW YORK, May 20, 2015 -- Morgans Hotel Group Co. (NASDAQ: MHGC) (the "Company"), today announced that Jason T. Kalisman has resigned as Interim Chief Executive Officer of the Company to spend more time on personal matters, effective immediately, and he will remain a member of the Board. Howard M. Lorber, veteran real estate investor and member of Morgans Board, has been named Chairman. The Board intends to continue its CEO search and in the interim, Richard Szymanski, Chief Financial Officer, will temporarily assume the duties of the principal executive officer for securitie...