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White Plains, NY, May 6, 2008 – Starwood Hotels & Resorts
Worldwide, Inc. (NYSE:HOT), one of the world’s largest hotel and leisure
companies, announced today the appointment of Thomas E. Clarke, Ph.D to the
Company’s Board of Directors. Dr. Clarke, 57, who is President of
New Business Ventures for Nike, Inc., was also appointed to the Company’s audit
committee and capital committee.
“Tom Clarke brings to Starwood’s board the experience he’s earned as a longtime
leader at Nike, where he was President and Chief Operating Officer for six
years,” said Frits van Paasschen, Starwood’s President and Chief Executive
Officer. “With a Ph.D in biomechanics and many years spent leading Nike's
marketing, Tom’s background in global branding and business leadership will be
a terrific asset. I've known Tom for more than 12 years as a mentor (and
running partner!) and will benefit from his advice."
Dr. Clarke has spent his entire professional career with Nike, joining the
company in 1980, and has held a number of key positions including Director of
Research and Development, Vice President of Marketing and General Manager of
the Nike Brand. During his tenure as President and Chief Operating Officer from
1994-2000, Nike more than doubled its size to over $9 billion.
Currently serving on the Board of Directors of Newell Rubbermaid, Dr. Clarke
also served on Nike’s Board from 1994 to 2004.
Dr. Clarke earned a Bachelor of Science in Mathematics from the State
University of New York at Albany, a Masters of Science in Biomechanics from the
University of Florida and a Ph.D in Biomechanics from Pennsylvania State
University.
About Starwood Hotels & Resorts Worldwide, Inc.® Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel
and leisure companies in the world with approximately 900 properties in more
than 100 countries and 155,000 employees at its owned and managed properties.
Starwood Hotels is a fully integrated owner, operator and franchisor of hotels
and resorts with the following internationally renowned brands: St. Regis®, The
Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by
Sheraton, AloftSMand ElementSM. Starwood Hotels also owns
Starwood Vacation Ownership, Inc., one of the premier developers and operators
of high quality vacation interval ownership resorts. For more information,
please visit www.starwoodhotels.com.
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