People: Supertel Hospitality Inc (SPPR.W)
SPPR.W on CBOE When Trading NASDAQ Global Select Market
1.12USD
6 May 2013
1.12USD
6 May 2013
Price Change (% chg)
$0.01 (+0.90%)
$0.01 (+0.90%)
Prev Close
$1.11
$1.11
Open
$1.12
$1.12
Day's High
$1.12
$1.12
Day's Low
$1.12
$1.12
Volume
100
100
Avg. Vol
11
11
52-wk High
$1.21
$1.21
52-wk Low
$0.80
$0.80
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
William Latham |
78 | 2010 | Independent Chairman of the Board |
Kelly Walters |
51 | 2010 | President, Chief Executive Officer, Director |
Corrine Scarpello |
57 | 2009 | Chief Financial Officer, Senior Vice President |
Steven Gilbert |
63 | 2009 | Chief Operating Officer, Senior Vice President |
Patrick Beans |
2013 | Senior Vice President, Treasurer | |
Steve Borgmann |
66 | 1999 | Independent Director |
Allen Dayton |
63 | 2003 | Independent Director |
Daniel Elsztain |
39 | 2012 | Independent Director |
James Friend |
60 | 2012 | Independent Director |
Donald Landry |
63 | 2012 | Independent Director |
John Sabin |
57 | 2012 | Independent Director |
George Whittemore |
62 | 2004 | Independent Director |
Biographies
| Name | Description |
|---|---|
William Latham |
Mr. William C. Latham is Independent Chairman of the Board of Supertel Hospitality Inc. Mr. Latham is the founder and Chairman of the Board of Budget Motels, Inc. since 1972. Budget Motel, Inc. owns and operates multiple hotels in several states. Mr. Latham was previously a member of the Board of Directors and served as Chairman of the Commonwealth Savings and Loan Association in Manassas, Virginia. Mr. Latham currently sits on several advisory boards and is an active member of the Virginia Tech Foundation’s Board of Directors and its audit committee. Mr. Latham is a graduate of Virginia Polytechnic Institute. |
Kelly Walters |
Mr. Kelly A. Walters serves as President, Chief Executive Officer, Director of Supertel Hospitality Inc. Mr. Walters is a former Senior Vice President from October 2006 to April 2009 for North Dakota-based Investors Real Estate Trust (IRET), a self-advised equity real estate investment trust. Prior to IRET, he was Senior Vice President and Chief Investment Officer from 1993 to 2006 of Omaha-based Magnum Resources, Inc., a privately held real estate investment and operating company. Preceding Magnum Resources, Mr. Walters was an officer and senior portfolio manager at Brown Brothers Harriman & Company in Chicago. He also held investment positions with Peter Kiewit Sons’ Inc. He holds a B.S.B.A. degree in banking and finance from the University of Nebraska at Omaha and an EMBA from the University of Nebraska. |
Corrine Scarpello |
Ms. Corrine L. Scarpello is Chief Financial Officer, Senior Vice President of Supertel Hospitality Inc. She joined the Company in November 2005 having worked for a year as a consultant for the Company and its management company. Ms. Scarpello previously worked for Mutual of Omaha for 17 years, serving as the Vice President of Accounting and Administration for a subsidiary and as Manager in their mergers and acquisitions department. Ms. Scarpello also has accounting and auditing experience with PricewaterhouseCoopers (formerly Coopers and Lybrand) and is a CPA. Ms. Scarpello is currently a director of Nature Technology Corp., a biotech company. Ms. Scarpello is a graduate of the University of Nebraska at Omaha. |
Steven Gilbert |
Mr. Steven C. Gilbert serves as Chief Operating Officer, Senior Vice President of Supertel Hospitality Inc. Mr. Gilbert joined the Company as Senior Vice President of CAPEX in July 2001 and became Chief Operating Officer on August 27, 2009. Mr. Gilbert, age 63, had previously served as Senior Vice President of CAP-EX for Humphrey Hospitality Management, Inc. (1999-2001) and for old Supertel Hospitality, Inc. (1991-1999). Mr. Gilbert worked in various sales, purchasing and construction management positions prior to joining old Supertel Hospitality, Inc. in 1991. |
Patrick Beans |
Mr. Patrick E. Beans has been appointed as Senior Vice President, Treasurer of Supertel Hospitality Inc. Previously, Beans was senior vice president and CFO of National Research Corporation, a NASDAQ-listed, healthcare service company where he was responsible for financial planning/analysis, accounting, SEC compliance and reporting, investor relations, treasury, risk management and mergers and acquisitions. He is a former finance director of the Central Interstate Low-Level Radioactive Waste Commission, a five-state joint government organization. He began his career with Dana F. Cole & Company, a Certified Public Accounting firm. Beans is a Certified Public Accountant and serves on the administrative board of Lincoln Electric System. He holds a Bachelor of Science degree in Business Accounting and Political Science from Doane College in Crete, Nebraska. |
Steve Borgmann |
Mr. Steve H. Borgmann is Independent Director of Supertel Hospitality Inc., since October 1999. Mr. Borgmann joined the Company’s Board in October 1999, and since the merger between the former Supertel and the Company he has been engaged in developing and owning apartment buildings. Mr. Borgmann was a founder, director and the Executive Vice President of former Supertel. Prior to the merger, Mr. Borgmann had been involved in acquiring, developing, owning, managing and operating limited service hotels for the former Supertel or its predecessors since 1978. Mr. Borgmann is a graduate of the University of Nebraska - Lincoln. |
Allen Dayton |
Mr. Allen L. Dayton is Independent Director of Supertel Hospitality Inc., since May 2003. Mr. Dayton has been Chairman of the Board of Video Service of America since 1977 and Southern Improvement Company since 2000. Mr. Dayton is a private investor and his investment holdings include positions in companies operating in the printing, cable television, distribution and real estate industries. Mr. Dayton was previously Chairman of the Kellogg Savings Bank. Mr. Dayton sits on the boards of several business schools, and also serves as a Trustee of the University of Nebraska Foundation. |
Daniel Elsztain |
Mr. Daniel Ricardo Elsztain serves as Independent Director of Supertel Hospitality Inc. He obtained a degree in Economic Sciences from the Torcuato Di Tella University and has a Masters in Business Administration from the Austral IAE University. At present, he is a member of the board of IRSA Inversiones y Representaciones Sociedad Anónima (IRSA), a real estate public company listed both on the New York Stock Exchange (“NYSE”) and the Buenos Aires Stock Exchange (“BASE”), as well as its Director for Real Estate Business since 2004. He is a board member of Alto Palermo S.A. (APSA), a retail public company listed both on NASDAQ and BASE. He also serves on the board of Hersha Hospitality Trust. |
James Friend |
Mr. James H. Friend serves as Independent Director of Supertel Hospitality Inc. He has been president and CEO at Friend Development Group LLC since 1997 and has been actively involved in the hotel and real estate business for more than 25 years. Mr. Friend has experience in ground-up development, has partnered and advised NYSE companies, institutions, REITs, banks and privately held companies in a wide range of real estate product types including hotels, retail, assisted living, and mixed-use development. |
Donald Landry |
Mr. Donald J. Landry serves as Independent Director of Supertel Hospitality Inc. He is president and owner of Top Ten, an independent hospitality industry consulting company. Mr. Landry has over forty years of lodging and hospitality experience in a variety of leadership positions. Most recently, Mr. Landry was the Chief Executive Officer, President and Vice Chairman of Sunburst Hospitality Inc. Mr. Landry has also served as President of Choice Hotels International, Inc., Manor Care Hotel Division and Richfield Hotel Management. Mr. Landry currently serves on the corporate advisory boards of Campo Architects, UniFocus and VOILA Hotel Rewards, Revenue Performance and numerous nonprofit boards. Mr. Landry is a frequent guest lecturer at Johnson and Wales University and the University of New Orleans. Mr. Landry holds a bachelor of science from the University of New Orleans, which awarded him Alumnus of the Year in 1999. Mr. Landry is a Certified Hotel Administrator. |
John Sabin |
Mr. John M. Sabin serves as Independent Director of Supertel Hospitality Inc. Since May 2011, Mr. Sabin has been the Executive Vice President and Chief Financial Officer of Revolution LLC as well as the Chief Financial Officer of The Stephen Case Foundation and the Case Office. Previously he was the Chief Financial Officer and General Counsel of Phoenix Health Systems, Inc. a private healthcare information technology outsourcing and consulting firm, from October 2004 to May 2011. Mr. Sabin was the Chief Financial Officer, General Counsel and Secretary of NovaScreen Biosciences Corporation, a private bioinformatics and contract research biotech company (which was subsequently acquired by Caliper Life Sciences) from January 2000 to October 2004. Prior to joining NovaScreen, Mr. Sabin served as a finance executive with Hudson Hotels Corporation, Vistana, Inc., Choice Hotels International, Inc., Manor Care, Inc. and Marriott International, Inc. all of which were public companies at the time of his service. In his professional life Mr. Sabin has had commercial lease experience with a national law firm, transactional real estate experience with national hospitality and health care firms, commercial real estate financing experience, IPO experience, as well as experience as an audit committee and board member of five other public companies. Mr. Sabin is a member of the board of trustees of Hersha Hospitality Trust and a director of Prime Group Realty Trust. Mr. Sabin has received Bachelor of Science degrees in Accounting and in University Studies; a Masters of Accountancy and a Masters in Business Administration from Brigham Young University, and he also received a Juris Doctor from the J. Reuben Clark Law School at Brigham Young University. Mr. Sabin is a licensed CPA and is admitted to the bar in several states. |
George Whittemore |
Mr. George R. Whittemore serves as Independent Director of Supertel Hospitality Inc., since November 1994. Mr. Whittemore, retired, served as President and Chief Executive Officer of the Company until August 15, 2004. Mr. Whittemore served as Senior Vice President and director of both Anderson & Strudwick, Incorporated, a brokerage firm based in Richmond, Virginia, and Anderson & Strudwick Investment Corporation, from October 1996 until October 2001. Anderson & Strudwick has served as an underwriter for Company public stock offerings. He served as a director and the President and Managing Officer of Pioneer Federal Savings Bank and its parent, Pioneer Financial Corporation, from September 1982 until August 1994, when these institutions were acquired by a merger with Signet Banking Corporation (now Wells Fargo Corporation). Mr. Whittemore was appointed President of Mills Value Adviser, Inc., a registered investment advisor, in April 1996. Mr. Whittemore is currently a director of Village Bank & Trust in Richmond, Virginia. He is also a director of Prime Group Realty Trust, Lightstone Value Plus Real Estate Investment Trust, Inc. and Lightstone Value Plus Real Estate Investment Trust II, Inc. and serves on the audit committee of all three of these companies. Mr. Whittemore is a graduate of the University of Richmond. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
William Latham |
-- |
Kelly Walters |
299,800 |
Corrine Scarpello |
208,104 |
Steven Gilbert |
149,760 |
Patrick Beans |
-- |
Steve Borgmann |
-- |
Allen Dayton |
-- |
Daniel Elsztain |
-- |
James Friend |
-- |
Donald Landry |
-- |
John Sabin |
-- |
George Whittemore |
294,614 |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
William Latham |
0 | 0 |
Kelly Walters |
0 | 0 |
Corrine Scarpello |
0 | 0 |
Steven Gilbert |
0 | 0 |
Patrick Beans |
0 | 0 |
Steve Borgmann |
0 | 0 |
Allen Dayton |
0 | 0 |
Daniel Elsztain |
0 | 0 |
James Friend |
0 | 0 |
Donald Landry |
0 | 0 |
John Sabin |
0 | 0 |
George Whittemore |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SABIN JOHN M |
1,330 | $0.00 |
WHITTEMORE GEORGE RANDOLPH |
1,330 | $0.00 |
LANDRY DONALD J |
1,995 | $0.00 |
ELSZTAIN DANIEL RICARDO |
1,330 | $0.00 |
ELSZTAIN DANIEL RICARDO |
1,939 | $0.00 |
SABIN JOHN M |
1,939 | $0.00 |
WHITTEMORE GEORGE RANDOLPH |
1,939 | $0.00 |
LANDRY DONALD J |
2,908 | $0.00 |
FRIEND JAMES H |
168 | $1.00 |
LANDRY DONALD J |
2,908 | $0.00 |
WHITTEMORE GEORGE RANDOLPH |
1,939 | $0.00 |
ELSZTAIN DANIEL RICARDO |
1,939 | $0.00 |
SABIN JOHN M |
1,939 | $0.00 |
WALTERS KELLY A |
5,000 | $0.98 |
ELSZTAIN EDUARDO S |
15,600 | $0.92 |
ELSZTAIN EDUARDO S |
7,500 | $0.92 |
ELSZTAIN EDUARDO S |
28,600 | $0.92 |
ELSZTAIN EDUARDO S |
6,800 | $0.91 |
ELSZTAIN EDUARDO S |
7,763 | $0.92 |
FRIEND JAMES H |
2,800 | $0.87 |
SABIN JOHN M |
1,939 | $0.00 |
LANDRY DONALD J |
2,908 | $0.00 |
WHITTEMORE GEORGE RANDOLPH |
1,939 | $0.00 |
ELSZTAIN DANIEL RICARDO |
1,939 | $0.00 |
WALTERS KELLY A |
500 | $0.95 |

