People: Morgans Hotel Group Co. (MHGC.O)

MHGC.O on Consolidated Issue listed on NASDAQ Global Market

4.05USD
4:00pm EST
Price Change (% chg)

$0.14 (+3.58%)
Prev Close
$3.91
Open
$3.95
Day's High
$4.07
Day's Low
$3.91
Volume
77,845
Avg. Vol
242,165
52-wk High
$6.50
52-wk Low
$1.57

view people for:

Summary

Name Age Since Current Position
Hamamoto, David 50 2006 Chairman of the Board
Kleisner, Fred 64 2009 Chief Executive Officer, Director
Gordon, Marc 44 2009 President, Director
Szymanski, Richard 51 2005 Chief Financial Officer
Knetzger, Edwin 57 2006 Director
Harrison, Thomas 61 2006 Director
Friedman, Robert 53 2006 Director
Gault, Jeffrey 63 2007 Director
Malone, Michael 55 2008 Director
Gross, Michael 2009 Director
» Insider Trading

Biographies

Name Description
Hamamoto, David David T. Hamamoto has been has been the Chairman of Board of Directors of Morgans Hotel Group Co. since February 2006. In 1997, Mr. Hamamoto co-founded NorthStar Capital Investment Corp. with W. Edward Scheetz. Prior to that time, Mr. Hamamoto was a partner, co-head and co-founder of the Real Estate Principal Investment Area at Goldman, Sachs & Co. Additionally, Mr. Hamamoto serves on the boards of NorthStar Realty Finance Corp., where he serves as Chairman of the Board, and Koll Development Co. Since 2004, Mr. Hamamoto has also served as the President and Chief Executive Officer of NorthStar Realty Finance Corp., a NYSE-listed commercial real estate company. He is a Trustee of the Brearly School, where he served as President from 2005 to 2007, and is also currently Vice Chair of the Parents Advisory Board at Stanford University and is on the Gifts Committee for The Stanford Challenge. Mr. Hamamoto received a Bachelor of Science degree from Stanford University and a Master of Business Administration from the Wharton School of the University of Pennsylvania.
Kleisner, Fred Fred J. Kleisner is the Chief Executive Officer and one of the Directors of Morgans Hotel Group Co. Mr. Kleisner has been one of the Directors since February 2006 and has been President and CEO (including interim President and CEO) since September 2007. From March 2000 to August 2005, Mr. Kleisner was the Chief Executive Officer of Wyndham International, a hotel company that owned, leased, managed and franchised hotels and resorts in the U.S., Canada, Mexico, the Caribbean and Europe. Mr. Kleisner also served as the Chairman of Wyndham International’s Board from October 13, 2000. From August 1999 to October 2000, Mr. Kleisner served as President and from July 1999 to March 2000, Mr. Kleisner also served as Chief Operating Officer. From March 1998 to August 1999, he served as President and Chief Operating Officer of The Americas for Starwood Hotels & Resorts Worldwide, Inc. Hotel Group. His experience in the industry also includes senior positions with Westin Hotels and Resorts, where he served as President and Chief Operating Officer from 1995 to 1998; Interstate Hotels Company where he served as Executive Vice President and Group President of Operations from 1990 to 1995; The Sheraton Corporation, where he served as Senior Vice President, Director of Operations, North America Division—East from 1985 to 1990; and Hilton Hotels, where for 16 years he served as General Manager of several landmark hotels, including The Waldorf Astoria and The Waldorf Towers in New York, The Capital Hilton in Washington, D.C., and The Hilton Hawaiian Village in Honolulu. Mr. Kleisner, who holds a Bachelor of Arts degree in Hotel Management from Michigan State University, completed advanced studies at the University of Virginia and Catholic University of America.
Gordon, Marc Mr. Gordon is the President, Director of Morgans Hotel Group Co. He has served as MHG's Chief Investment Officer and Executive Vice President of Capital Markets since 2005. In this capacity, he has overseen all business and property development at MHG and been responsible for raising equity capital and debt financing. He continues to lead MHG's domestic and international expansion strategy. Previously, he served as a Vice President of NorthStar Capital Investment Corp ("NCIC"), where he was responsible for the origination, structuring and negotiation of investment and financing transactions as well as the raising of capital for NCIC's investment activities. Prior to joining NCIC, Mr. Gordon was a Vice President in the Real Estate Investment Banking Group at Merrill Lynch & Co. Mr. Gordon graduated from Dartmouth College with an A.B. in economics and also holds a Juris Doctor from the UCLA School of Law.
Szymanski, Richard Richard Szymanski has been Chief Financial Officer of Morgans Hotel Group Co. since he joined the company in 2005. Before joining the company in 2005, Mr. Szymanski was the Senior Vice President and Chief Financial Officer of Prime Hospitality LLC. From 2003 to 2004, Mr. Szymanski was the Senior Vice President and Chief Financial Officer of Prime Hospitality Corp. From 1998 to 2003, Mr. Szymanski was the Vice President of Finance of Prime Hospitality Corp. In these positions, Mr. Szymanski was responsible for overseeing the accounting department, budget and planning, internal audits and cash management. Mr. Szymanski received a Bachelor of Science degree in accounting from Rutgers University.
Knetzger, Edwin Edwin L. Knetzger, III is a member of Audit Committee and has been one of the Directors of Morgans Hotel Group Co. since February 2006. Mr. Knetzger is one of the co-founders and is the current Vice Chairman of Greenwich Capital Markets, Inc., a fixed income institutional investor, where he previously served at various times as President, Chief Executive Officer and Chairman from 1981 to 2003. Prior to joining Greenwich Capital Markets, Inc., Mr. Knetzger was employed by Kidder Peabody & Company where he served as Co-Manager and Head Trader of the Government Bond Trading Department from 1975 to 1980. Since 2005, Mr. Knetzger has held the position of Chief Operating Officer of Divco West Real Estate Services, located in San Francisco. Additionally, Mr. Knetzger serves on the boards of Paul Newman’s The Hole In The Wall Gang Camp and The Hole In The Wall Gang Association, which are non-profit organizations for children and families afflicted by cancer and serious blood diseases. Mr. Knetzger received a Bachelor of Arts and a Master of Business Administration from University of Virginia.
Harrison, Thomas Thomas L. Harrison is a Co-Chairman of Compensation Committee and Chairman of Audit Committee, and has been one of Directors of Morgans Hotel Group Co. since February 2006. Mr. Harrison is Chairman and Chief Executive Officer of Diversified Agency Services (“DAS”), a group of marketing services companies. A division of the Omnicom Group, DAS provides a broad range of marketing communication services. Mr. Harrison has been the President of DAS since 1997 and was named Chairman and Chief Executive Officer in 1998. Prior to joining DAS, Mr. Harrison was Co-founder and Chairman of Harrison & Star Business Group. Mr. Harrison serves on the boards of The Children’s Hospital at Montefiore and is a fellow at the New York Academy of Medicine. He is a member of the President’s council at Tulane University School of Medicine and was a member of the Dean’s council at Tulane School of Public Health and Tropical Medicine. He is also the chairman of the Dean’s council of The Steinhardt School at New York University. He has served as co-chairman of the New York Chapter of the U.S. Olympic Committee. Mr. Harrison holds an advanced degree in cell biology and physiology from West Virginia University and will receive an Honorary Doctorate from that University.
Friedman, Robert Robert Friedman is a Co-Chairman of Compensation Committee and Chairman of Corporate Governance and Nominating Committee, and has been one of the Directors of Morgans Hotel Group Co. since February 2006. Mr. Friedman is President of Media & Entertainment for @radical thinking. From 1991 to 2003, Mr. Friedman held a variety of senior positions at AOL Time Warner, including as Head of Corporate Marketing for Time Warner and President of AOL, Interactive Marketing & TV. Mr. Friedman was President of New Line TV and Co-Chairman of Worldwide Theatrical Marketing, Licensing and Merchandising. Mr. Friedman was a member of the original development team of MTV Networks from 1981 to 1989. Mr. Friedman serves on the Board of Directors of Vassar College, Columbia Business School, The Mount Sinai Medical Center and The Big Apple Circus. Mr. Friedman also serves on the International Advisory Board for New Zealand. Mr. Friedman received a Bachelor of Arts from Vassar College and a Master of Business Administration from Columbia University.
Gault, Jeffrey Jeffrey M. Gault is a member of Corporate Governance and Nominating Committee, Audit Committee and the Compensation Committee and has been one of the Directors of Morgans Hotel Group Co. since December 2007. Since August 2007, Mr. Gault has served as the Chief Executive Officer of LandCap Partners, a national residential land company. He previously served as Division President of KB Urban, a division of KB Home, from September 2005 to June 2007. His more than 30 years of experience in real estate development and investment activities also includes senior positions with Empire Companies, a Southern California land developer, where he was President and Chief Operating Officer from May 2002 to March 2005; Helios Partners, an affiliate of the Pritzker family interests of Chicago, where he was managing partner from 1994 to 1998; Sun America Realty Partners, an affiliate of Sun America, Inc., where he was managing principal from 1990 to 1994; and Home Savings of America, F.A., where he was Executive Vice President and Director of Real Estate from 1985 to 1990. Mr. Gault earned a Bachelor’s Degree in Architecture from the University of California at Berkeley and has a Master’s Degree in Environmental Design from Yale University’s School of Architecture. Mr. Gault is a licensed architect and general building contractor in the State of California, a member of the American Institute of Architects, American Institute of Certified Planners, and Urban Land Institute, and the Chairman of the University of California at Berkeley Fisher Center for Urban Economics and Real Estate Policy Advisory Board.
Malone, Michael Michael D. Malone is a member of Corporate Governance and Nominating Committee and Audit Committee and has been one of the Directors of Morgans Hotel Group Co. since January 2008. He currently serves as the Managing Director of Fortress Investment Group LLC. Mr. Malone retired from Bank of America in November 2007, after nearly 24 years of service as Senior Executive Banker and Managing Director. Over those years Mr. Malone worked in and ran a number of investment banking businesses for the bank and its subsidiary, Banc of America Securities. Those included: real estate, gaming, lodging, leisure, and the financial sponsors businesses. Mr. Malone received a Bachelor of Science degree in General Studies from the University of Kentucky.
Gross, Michael Mr. Michael Gross is the Director of Morgans Hotel Group Co. Mr. Gross has partnered with The Yucaipa Companies since 2004. From 1998 through 2007, Mr. Gross focused on consumer and real estate companies with various investment and research roles at Prentice Capital Management, S.A.C. Capital Advisors, LLC, Lehman Brothers Inc., Salomon SmithBarney and Granite Partners. Mr. Gross graduated with a Bachelor of Science from Cornell University’s School of Hotel Administration.

Basic Compensation

Name Fiscal Year Total
Hamamoto, David --
Kleisner, Fred 2,334,890
Gordon, Marc 5,358,670
Szymanski, Richard 1,496,340
Knetzger, Edwin --
Harrison, Thomas --
Friedman, Robert --
Gault, Jeffrey --
Malone, Michael --
Gross, Michael --
As Of 30 Dec 2008

Insider Trading

Name Shares Traded Price
KNETZGER EDWIN L III 50,000 $3.39
GORDON MARC 10,000 $3.16
GORDON MARC 25,000 $3.13
GROSS MICHAEL JONATHAN 16,129 $0.00
MOORE DAVID J 10,080 $0.00
MALONE MICHAEL D 10,080 $0.00
SZYMANSKI RICHARD T 75,000 $0.00
GAULT JEFFREY M 10,080 $0.00
KNETZGER EDWIN L III 10,080 $0.00
HAMAMOTO DAVID T 10,080 $0.00
HARRISON THOMAS L 10,080 $0.00
FRIEDMAN ROBERT 10,080 $0.00
CHOPRA DEEPAK 10,080 $0.00
SCHEETZ W EDWARD 15,000 $2.50
SCHEETZ W EDWARD 1,900 $3.10
SCHEETZ W EDWARD 2,865 $3.43
SCHEETZ W EDWARD 5,200 $2.80
SCHEETZ W EDWARD 3,706 $2.80
SCHEETZ W EDWARD 5,966 $2.80
SCHEETZ W EDWARD 3,064 $3.15
SCHEETZ W EDWARD 10,000 $3.15
SCHEETZ W EDWARD 1,130 $3.15
HAMAMOTO DAVID T 200,000 $2.50
GORDON MARC 10,000 $2.66
SCHEETZ W EDWARD 100 $2.37
» Full list on Insider Trading
view people for: