First Hospitality: Roger Baker named CIO and Advisor

16.07.2024 - 10:33 / traveldailynews.com / Theodore Koumelis

First Hospitality announces Roger Baker’s transition from CFO to CIO and Advisor, with Matt Schuster stepping in as the new CFO, continuing the company’s strategic growth and financial leadership.

CHICAGO, IL – First Hospitality, a national hotel operating, management, and development company, announces the transition of Roger Baker from CFO to his new role as CIO and Advisor. With 40 years of experience in the real estate industry, including 16 years as a leader on First Hospitality’s executive team, in this new role, Baker will advise on selected capital formation transactions as well as certain management and investor relations initiatives.

“Roger’s leadership has been instrumental in the growth and success of First Hospitality during his tenure and we’re pleased that he will continue to be part of our efforts as he transitions into this new role,” said David Duncan, CEO of First Hospitality. “His transition to CIO and Advisor is a natural next step as Matt Schuster settles into his role as CFO.”

Matt Schuster stepped into the role of CFO at First Hospitality in April. Before joining First Hospitality, Schuster spent over five years in leadership roles at Club Quarters Hotels, where he most recently served as the chief financial officer. Schuster will lead the company’s financial services functions and will play a critical role in further developing long-term strategy and execution.

First Hospitality is a top-ranking development, investment, and third-party operating company with a portfolio of branded and independent properties throughout the United States. Founded 40 years ago, the organization fosters opportunities for associates, investors, owners, and partners to prosper together. The foundation of First Hospitality’s success is built on an individualized approach that puts people first, encourages a strong ownership culture, and consistently demonstrates astute business acumen. The company and its hotels are frequently recognized by the industry and media for high guest service and associate satisfaction, including accolades from Forbes, Condé Nast, TripAdvisor, and AAA.

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