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American Express Elects Thomas J. Baltimore, President of Park Hotels & Resorts Inc., To Its Board

By John F. Heerdink, Jr.

Reportedly, Thomas J. Baltimore, Jr., Chairman, Chief Executive Officer, and President of Park Hotels & Resorts Inc. has been elected to be a part of the American Express (AXP), Board of Directors effective January 27, 2021. Mr. Baltimore was elected Chairman of the Park Hotels & Resorts’ Board in 2017. He has been in service with Park Hotels & Resorts since 2016 shortly before its spin-off from Hilton Worldwide Inc.

“Tom is a highly-respected leader in the hospitality industry, with over 30 years of experience, including more than two decades in senior executive roles navigating global organizations through significant changes in travel and lodging,” “He also brings extensive capital markets knowledge, and I know our Board will benefit greatly from his insights as we continue to execute our strategy and make investments to structure the company for long term growth.” stated Stephen J. Squeri, Chairman and Chief Executive Officer, American Express.

Prior to joining Park Hotels & Resorts, Mr. Baltimore was President and Chief Executive Officer of RLJ Lodging Trust from 2011 to 2016. He has also served in a variety of roles in Marriott International Inc., Hilton Hotels Corp., and PricewaterhouseCoopers LLP.  Mr. Baltimore also serves on the Executive Board of the National Association of Real Estate Investment Trusts, the Board of Prudential Financial Inc., The Real Estate Roundtable, the Boards of the University of Virginia Investment Management Company, and the Executive Committee of the American Hotel & Lodging Association.

Mr. Baltimore completed his Bachelor in Science from McIntire School of Commerce and MBA from the Darden School of Business from the University of Virginia.

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. To learn more about American Express Company (AXP) and to continue to track its progress please visit the Vista Partners American Express Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: American Express Elects Thomas Baltimore to Board of Directors in Business Wire)


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