• Strategic board move

Strategic Hotels has admitted David Johnson, a representative of shareholder Orange Capital, to the company board. The addition of Johnson, the chief executive of Aimbridge Hospitality, expands the board to 10 members.

As part of the move, Orange has withdrawn its notice of nomination of other board candidates, and agreed to a standstill provision. Orange will now back company nominees put forward at the 2014 annual meeting.
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