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Bruce V. Bloom  Named President and CEO 
at Knights Franchise Systems
 
Parsippany, NJ, September 13, 1999 - Cendant Corporation (NYSE: CD) today announced that it has named Bruce V. Bloom as president and Chief Executive Officer of Knights Franchise Systems, Inc. Bloom replaces Ramesh B. Gokal who retired. 

Bloom has extensive experience in franchise and hospitality management. He most recently served as senior vice president and brand manager for Fairfield Inns by Marriott International.  He served as vice president, Development, for Krystal Company, a 325-unit restaurant chain, where he directed franchise sales, development, corporate and franchise real estate, construction and property management.  Bloom has also held senior management positions with Roy Rogers, Marriott Family Restaurants, Perkins Restaurants, International Dairy Queen, Golden Chicken of Minnesota and Four Brothers Inc. 
 

Bruce V. Bloom
�Bruce brings to the Cendant team 30 years of leadership experience in franchising and hospitality,� said Eric Pfeffer, chairman and CEO, Cendant Hotel Division.  �He has a strong track record of building and managing franchise business systems which makes him well equipped to build on the foundation laid by Ramesh Gokal and propel the Knights Inn® brand to even greater industry prominence.�

�Bruce has also owned his own business, which is another big plus for our franchisees,� added Pfeffer. �Like other Cendant brand presidents, he understands the day-to-day challenges local owners and operators face and can better assist them in successfully meeting those opportunities.�

Bloom is active in a number of professional organizations.  He is a Certified Franchise Executive recognized by the International Franchise Association (IFA) and a member of that organization�s Board of Directors. He is a member and past chapter president of the National Association of Corporate Real Estate Executives (NACORE), and a member of the International Council of Shopping Centers. 

Bloom holds a B.B.A degree from the University of Wisconsin-Whitewater School of Business Administration.

Knights Franchise Systems, Inc., a budget hotel chain of more than 230 franchised properties in the United States and Canada, is a subsidiary of Cendant Corporation. 

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Contact:
Evy Apostolatos 
973-496-8420 [email protected]
 
Also See: Knights Inn Ranked #1 Budget Hotel Franchise by Entrepreneur Magazine's Annual Franchise 500® / Feb 1999 
Knights Announces Opening of Chain's Largest Property - the 300-Room Knights Inn of Charleston, SC / Nov 1998 

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