Holloway Lodging REIT has assembled a focused, highly disciplined Board of Trustees. Their responsibility is to guide and monitor our operating policies, investment guidelines and governance.
Independent Trustee
(Audit Committee)
George Armoyan is President of Geosam Capital Inc., a private investment company focused on investing in small and mid capitalization companies where there is an opportunity to promote positive change and create shareholder value. Mr. Armoyan was previously CEO and Chairman of Clark Inc. During his tenure as CEO, Mr. Armoyan transformed Clark from a transportation company into the activist investment company it is today. Mr. Armoyan currently serves as Chairman of Royal Host Real Estate Investment Trust and General Donlee Income Fund. Mr. Armoyan holds a B.Eng. (Civil) from Dalhousie University. In 2008 Mr. Armoyan was named Atlantic Canada’s Entrepreneur of The Year by Ernst & Young.
Independent Trustee
Chairman
Mr. Rapps is an Investment Manager at Geosam Capital Inc., a private placement company focused on investing in small and mid capitalization companies where there is an opportunity to promote positive change and create shareholder value. Prior to joining Geosam, Mr. Rapps practiced law at Davies Ward Phillips & Vineberg LLP. Mr. Rapps holds a BCL and an LLB from McGill University.
Trustee
(Compensation & Governance Committee)
Mr. Staniloff is Chairman and Chief Executive Officer of Superior Lodging Corp., the master development corporation for Super 8 Motels/Hotels and Wingate Inns in Canada. Mr. Staniloff has been instrumental in the development of 115 Super 8s from 1993 to 2007. In 1998, he was recognized as "Franchisee of the Year" by Super 8 Motels Inc. as a result of his leadership in the development of the Super 8 franchise system in Canada. Currently, Mr. Staniloff is a director and chair of the audit committee for Xtreme Drilling Corp., a TSX-listed company. Mr. Staniloff received a Bachelor of Commerce degree from the University of Calgary and is a member of the World Presidents Organization, the Super 8 Motels Franchisee Advisory Board and the President's Advisory Council for Wingate Inns.
Independent Trustee
(Compensation & Governance Committee)
Richard Grimaldi is a self-employed Real Estate Developer with over 25 years of experience in the real estate industry. Mr. Grimaldi holds an MBA from the University of Miami and has held various positions in the Commercial Real Estate Division of GE Capital such as Managing Director of Institutional Accounts, Managing Director, Canadian Real Estate and Managing Director, Large Transaction Group. He has extensive experience in financing public and private companies, structuring debt, equity and joint venture new business opportunities. Mr. Grimaldi presently serves as a director on Mainstreet Equity Corp.
Independent Trustee
(Audit Committee)
Mr. Howe is President of Bragg Creek Financial Consultants Ltd., a private financial consulting company. In addition to several years practicing as a Chartered Accountant, Mr. Howe has served as Chief Financial Officer of several public companies. He presently serves as a director of Ensign Energy Services Inc., Pason Systems Inc., Wrangler West Energy Corp. and Avery Resources Inc. Mr. Howe received a BA from the Ivey School of Business at the University of Western Ontario and is a member of the Institute of Chartered Accountants of Alberta.
Independent Trustee
(Audit Committee)
Mr. Wood is the Vice President Finance and Chief Financial Officer for the Municipal Group of Companies in Bedford, NS. Prior to joining the Municipal Group in 1988, Mr. Wood worked for the accounting firm of Doane Raymond (Grant Thorton) in their New Glasgow and Halifax offices. Mr. Wood received a Bachelor of Business Administraton degree with a major in accounting from Acadia University in 1984. Mr. Wood received his Certified Management Accountant designation in 1994.