Morgans Has Top Board

Published Monday, September 15, 2008

Boutique operator Morgans Hotel Group has the most-effective board of directors in the hospitality industry, according to an annual survey by HVS Executive Search. Morgans has only been a public company for one year. David Hamamoto is chairman of the board and Fred Kleisner is president and CEO. Kleisner took control of the company earlier this year following the abrupt resignation of CEO Edward Scheetz. The 33 companies in the survey were ranked from one to 10 in four categories: size, makeup and independence of the board; committee structure and effectiveness; presence of interlocks, insider participation and related ...

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Morgans Has Top Board

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