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DiamondRock Hospitality Company (NYSE: DRH), a lodging-focused real estate investment trust with a portfolio of 36 premium hotels and resorts across the United States, has announced the promotion of Stephen Spierto to Chief Accounting Officer, effective May 15, 2024.
Mr. Spierto, 34, joined the Company in November 2023, initially serving as Vice President, Corporate Controller. In this role, he oversaw corporate accounting, financial reporting, and technical accounting. Before his time at DiamondRock, Mr. Spierto spent 12 years in the real estate and hospitality audit practice at Ernst & Young, LLP, most recently as a Senior Manager. He is a certified public accountant and holds both a B.S. and a Master’s in Accounting from James Madison University.
Additionally, the Company has announced that Anika Fischer will join as Senior Vice President and General Counsel on June 3, 2024. Ms. Fischer, 35, will report directly to Jeffrey J. Donnelly, the Company’s Chief Executive Officer, and will take over legal responsibilities from William J. Tennis, the Company’s Executive Vice President and General Counsel, who will retire effective June 30, 2024.
Prior to joining DiamondRock, Ms. Fischer was Deputy General Counsel at Essex Property Trust, Inc., a multifamily REIT. During her nine-year tenure at Essex, she led the legal department in capital markets transactions, securities and corporate governance matters, and managed teams responsible for complex real estate transactions, including acquisitions, dispositions, structured finance, joint ventures, developments, and financings. Ms. Fischer was also part of Essex’s senior leadership team, serving on the insurance committee, environmental/social/governance committee, and enterprise risk management committee. She began her career as an associate in the Real Estate group at Kirkland & Ellis LLP. Ms. Fischer holds a J.D., cum laude, from the University of Michigan Law School, and a B.A. from Wesleyan University.
“Steve is a valuable member of the team and has already proven his outstanding business acumen and deep understanding of our business in his short tenure with the Company. His promotion underscores his remarkable contributions to DiamondRock. We are also excited to welcome Anika, who brings both strategic judgement and a comprehensive legal expertise in the real estate sector. We look forward to working with both Steve and Anika to continue to position DiamondRock to be a top performer in the lodging sector,” stated Mr. Donnelly.
The post DiamondRock Hospitality Welcomes New Chief Accounting Officer and General Counsel appeared first on Travel And Tour World.
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