People: Cracker Barrel Old Country Store Inc (CBRL.OQ)
Mr. William W. McCarten has been appointed as Independent Director of Cracker Barrel Old Country Store, Inc., effective August 9, 2011. He is Chairman of DiamondRock Hospitality Company, a lodging-focused Real Estate Investment Trust, that he founded in 2004 and took public in 2005. DiamondRock (NYSE: DRH) owns 26 high-quality hotels throughout the United States and has assets of nearly $3 billion. Mr. McCarten served as Chief Executive Officer of DiamondRock from its inception through September 1, 2008. Mr. McCarten brings hospitality, retail and restaurant experience to Cracker Barrel. Prior to founding DiamondRock, he held a number of senior executive positions with Marriott International, Inc. and related entities over the course of 25 years. He was President of Marriott International's Services Group from 2001 to 2003. From 1992 to 2000, Mr. McCarten served as the Chief Executive Officer of HMSHost Corporation, the nation's developer and operator of restaurant and retail concessions in travel and entertainment venues. Mr. McCarten led the transformation of this industry segment through his efforts to bring national retail brands into these venues. He is a graduate of the McIntire School of Commerce at the University of Virginia and served on the Advisory Board of the McIntire School for fifteen years, from 1981 to 1996. Mr. McCarten has received several prestigious industry awards including the Nation's Restaurant News Golden Chain Award (1999), Nation's Restaurant News Operator of the Year Award (1999), Marriott International's Partnership Circle Award (2006), and HVS' Lodging Leadership CEO of the Year Award (2007).
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