InnSuites Hospitality Trust (IHT) COO and CFO Resign

June 15, 2018 11:40 AM EDT

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InnSuites Hospitality Trust (NYSE: IHT) disclosed in an SEC filing:

Effective June 14, 2018, James Wirth, founder of InnSuites hotels and Chairman and CEO of InnSuites Hospitality Trust (the “Trust”) was elected by the Board of Trustees to serve in the additional position as President of the Trust. Mr. Wirth replaces Pamela Barnhill, who resigned as President and COO of the Trust effective June 14,2018. James Wirth has been active in the development and growth of the Innsuites hotel system and related entities since 1980.

On June 14, 2018, the Board of Trustees of the Trust promoted Craig Miller to the position of its Chief Financial Officer (“CFO”), following the resignation of Adam B. Remis from that position. Mr. Miller is 64 years old, and previously served as Director of Finance of the Trust until becoming CFO.

For more than five years prior to joining the Trust in May 2018, Mr. Miller was Managing Member of Southwest CFO Services LLC; providing interim and fractional CFO services, as well as financial and operational consulting, to a variety of businesses. He has over 30 years of experience in finance, accounting, enterprise resources planning and tax. Mr. Miller holds a bachelor’s degree in commerce from Santa Clara university, and Masters’ degrees in Business Administration and Accounting and Financial Management from Keller Graduate School of Management. He has served as a mentor to Arizona State University’s Entrepreneurship and innovation programs since 2011.

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