Mr. Kinsell informed the Company of his decision to resign for personal reasons. Mr. Tisch will continue to serve as Chairman of Loews Hotels and Co-Chairman of the Board for Loews Corporation.
“Loews Hotels has never been stronger. During Kirk’s tenure as CEO, there have been many positive changes at Loews Hotels, and we fully intend to build on that success. We’ve added top talent to our already strong bench, expanded our network of hotels, and continued to improve our operations and profitability,” said Mr. Tisch.