• Morgans extends CEO’s contract

Morgans Hotel Group has extended CEO Fred Kleisner’s term by three months as it continues to look for a replacement.

Kleisner’s contract, which was to expire on 31 December, has been extended to 31 March. He had previously said that he was prepared to extend his tenure at the company to ensure a smooth transition.

See the full release here:
http://phx.corporate-ir.net/phoenix.zhtml?c=194863&p=irol-sec

Share →