Markets

U.S. open in 37 hrs, 55 mins
10,309.92
-154.48
 
1.48%
2,138.44
-37.61
 
1.73%
1,091.49
-19.14
 
1.72%
101.406
0.5625
 
0.56%
5,245.73
51.60
 
0.99%
9,081.52
-301.72
 
3.22%
21,134.50
-1,075.91
 
4.84%
-0.0047
 
0.31%
0.15
 
0.17%
1,177.80
-9.20
 
0.78%
75.97
-1.99
 
2.55%
Get Free Stock Chart for:

Supertel names new CFO, 3 other top managers

AP ONLINE
posted: 89 DAYS 9 HOURS AGO

NORFOLK, Neb. (AP) — Supertel Hospitality Inc. on Monday announced a reorganization of its senior management team that included four internal promotions.

The Norfolk, Neb., real estate investment trust promoted former Chief Accounting Officer Connie Scarpello, 55, to be chief financial officer. Scarpello replaces Don Heimes, effective immediately. Heimes, 65, had been CFO since 2004.

Steve Gilbert, 60, was appointed chief operating officer. Gilbert previously was senior vice president of capital expenditures.

Also, Paul Heybrock, 52, was promoted to be vice president and controller, while Pat Morland, 40, was promoted to assistant vice president of human resources.

CEO Kelly Walters said the promotions bring "greater balance to the decision-making process."

Supertel shares fell 15 cents, or 7.3 percent, to $1.91 in morning trading.

Bookmark:
COMMENTS ( 0 )
GOT SOMETHING TO SAY?
YOU'LL BE ASKED TO REGISTER OR SIGN IN BEFORE POSTING A COMMENT.
Make a Comment
Comment
 

Headlines From AOL Money & Finance Partners

CNBC
The Big Money
Smart Money
Kiplinger.com
The street

Visit Money & Finance for stock quotes, the web's best online portfolio manager and the latest business & financial news. Find out about every aspect of personal finance and money management, from finding the best mortgage rates and preventing identity theft to making money, saving money and investing money.