MCLEAN, Va., Aug. 19 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that it has added two new independent directors to its board of directors effective August 18. Glyn Aeppel, board member and executive vice president of Acquisitions and Development of Loews Hotels and David Fuente, director and former chairman and CEO of Office Depot, Inc., have been appointed to the class of directors whose term of office expires at Sunrise's 2008 annual meeting of stockholders. Ms. Aeppel and Mr. Fuente will serve on the board's Audit Committee and Compensation Committee, respectively. With these additions, Sunrise's board consists of 11 directors, 8 of whom are independent.
"We announced in March that we would add two new independent directors, and we are excited to welcome Glyn and Dave to the board," said Lynn Krominga, Sunrise's chairman of the board. "Glyn's work in building and acquiring worldwide real estate, as well as Dave's experience in managing operationally intensive, multi-site companies, will be particularly valuable to Sunrise. We look forward to benefiting from their strategic guidance as we set a new course for the company."
Ms. Aeppel, 49, joined Loews Hotels in early 2006 as executive vice
president of Acquisitions and Development and a member of their board. She
leads the company's worldwide growth through corporate and asset
acquisitions, joint ventures and management contracts. She also oversees
select ground-up mixed-use developments and actively structures and
finances the company's real estate transactions. Ms. Aeppel has more than
20 years of experience in property acquisitions, development and financing,
and previously supported these areas for companies such as Fairmont Hotels
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| SOURCE Sunrise Senior Living, Inc. Copyright©2008 PR Newswire. All rights reserved |