W. Edward Walter, President and Chief Executive Officer of Host Hotels & Resorts, Inc., to Step Down at Year-End 2016

James F. Risoleo | December 14, 2016

BETHESDA, Md., Dec. 14, 2016 -- Host Hotels & Resorts, Inc. (NYSE:HST) ("Host Hotels" or the "Company"), the nation's largest lodging real estate investment trust ("REIT"), today announced that W. Edward Walter will step down from his executive positions and as a member of the Company's Board of Directors, effective December 31, 2016. James F. Risoleo, Executive Vice President and Managing Director of Investments, West Coast and Europe, will succeed Mr. Walter as President and Chief Executive Officer, effective January 1, 2017, and will also be appointed to the Company's Board of Directors. To ensure a seamless transition of leaders...