Mr. Powell retired from PricewaterhouseCoopers in 2002 after 17 years as a partner for the public accounting firm and served most recently as Worldwide Engagement Leader-Partner.  Mr. Powell joined PricewaterhouseCoopers in 1974 and worked in both the Dallas and Houston offices of that firm.  "We are extremely pleased to have attracted such an experienced industry veteran with the breadth of knowledge that Bill has," said David Rea, La Quinta's Chief Financial Officer.  "Bill brings not only technical knowledge, but also people leadership skills that will support La Quinta's long-term strategic plans.

During his career with PricewaterhouseCoopers, Mr. Powell was responsible for directing professional services to clients and managing executive and board of director relationships.  He has a broad background in GAAP, SEC, corporate governance and financial disclosure matters and has served numerous public companies.

As a graduate of the U.S. Naval Academy with a B.S. in Engineering, Mr. Powell also holds a B.A. in Accounting from the University of West Florida and is a Certified Public Accountant.  Additionally, Mr. Powell served from 1968 to 1974 as a Commissioned Officer with the U.S. Navy as a carrier jet pilot.  

Dallas-based La Quinta Corporation (NYSE: LQI), a mid-scale lodging company, owns, operates or franchises more than 350 La Quinta Inns and La Quinta Inn & Suites in 33 states.