Host Hotels Names James Risoleo President & CEO - Quick Facts

(RTTNews) - Host Hotels & Resorts, Inc. (HST) announced Edward Walter will step down from his executive positions and as a member of the company's Board, effective December 31, 2016. James Risoleo, Executive Vice President and Managing Director of Investments, West Coast and Europe, will succeed Walter as President and CEO, effective January 1, 2017.

James Risoleo joined Host Hotels in 1996 as Senior Vice President for Acquisitions. He was elected Executive Vice President and Chief Investment Officer in 2000. In 2012, he became Managing Director of Host Hotels' European business activities. In 2015, Risoleo also assumed leadership for all of the company's West Coast Investment activities.