La Quinta Holdings has announced that chief executive officer Wayne Goldberg has resigned. The board has appointed Keith Cline, chief financial officer, the interim president and chief executive officer, effective immediately.
“La Quinta has an exceptionally strong and experienced management team in place to continue the Company’s robust franchise growth, deliver the outstanding experiences its guests have come to expect, and drive shareholder value,” Mitesh Shah, chairman of the board, said in a news release. “We appreciate Wayne’s more than 15 years of service to La Quinta, during which time he helped the Company reach many milestones, along with guiding the Company through its successful initial public offering. The Board has confidence in the Company’s management team to execute their strategic plan and we know that Keith will continue to build on La Quinta’s unique culture of innovation and customer service.”
Mr. Goldberg joined the Company in 2000 and has served as president and CEO since 2006.
To read the full release, click here.
