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Blackstone to name Nassetta as Hilton's CEO: report

NEW YORK
Mon Oct 29, 2007 1:51am EDT

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NEW YORK (Reuters) - Private equity firm Blackstone Group (BX.N) is expected to name Host Hotels & Resorts Inc (HST.N) chief executive Christopher Nassetta as president and CEO of its recently acquired Hilton Hotels Corp, the Wall Street Journal reported on Monday.

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The newspaper said Nassetta will leave his post as head of the largest U.S. hotel real estate investment trust to lead Hilton after a four-to-six week transition period.

(Reporting by Justin Grant, editing by Valerie Lee)
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