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HHM Names Wayne Carney as Vice President
of Financial Services


(Philadelphia) – August 21, 2012
… HHM announced today the addition of Wayne Carney as vice president of financial services to lead all aspects of finance, accounting and business intelligence for the company.

Carney, who was previously vice president of property finance at Dolce Hotels and Resorts where he provided financial leadership for all business units, will report directly to HHM President and CEO Naveen P. Kakarla.

“It means a great deal for Wayne to join us at HHM during this time of accelerated expansion,” Kakarla said.  “In this role, he will drive focus on furthering our capabilities in accounting and integrating new hotels into the processes we use.  His contributions will be pivotal to helping us achieve our long-term financial goals.”

Carney brings more than 30 years of experience from positions held all over the world.  He spent the majority of his career at Marriott International, including three years as senior director of finance and accounting for The Ritz-Carlton Hotel Company for the Southeast, Caribbean and Latin America.

A certified public accountant and member of the American Institute of Certified Public Accountants, Carney earned his master of business administration degree from Loyola University Maryland and his of bachelor of science degree in business administration from Duquesne University.

About HHM
HHM, formerly known as Hersha Hospitality Management, operates 110 hotels across the United States. It provides turnkey hotel management, asset management and receivership for properties with leading brand affiliations through Marriott, Hilton, Hyatt, Starwood, and Intercontinental Hotel Group. HHM also operates 14 independent hotels ranging from The Rittenhouse Hotel, a AAA Five Diamond property in Philadelphia, to the oceanfront Postcard Inn in the Florida Keys. Its highly experienced team is accustomed to serving as a fiduciary to publicly traded companies, joint ventures, institutional real estate owners and private investors. Additional information on HHM can be found at hhmhospitality.com.

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Contact:

Meredith Setzman
HHM
 215.238.1046 x2925
meredith.setzman@hhmlp.com


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Also See: Dustin Resnick Named as Senior Director of Acquisitions and Development for HHM, Formerly Known as Hersha Hospitality Management / August 2012

HHM, Formerly Known as Hersha Hospitality Management, Completes Renovations of Four Hotels in the Northeast – in Massachusetts, New York, New Jersey and Pennsylvania / July 2012

HHM, Hersha Hospitality Management, Renovates Five of its Eight D.C. Area Managed Properties / July 2012

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