• Sunstone CEO quits

Sunstone Hotel Investors’ president and CEO Arthur Buser Jr has resigned by mutual agreement as part of a leadership restructuring at the Reit.

The company has named Kenneth Cruse, the CFO, as president in addition to his current role. Robert Alter, founder and executive chairman, will expand his role to include greater involvement in the execution of the company’s business plan.

See the full release here:

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