Extended Stay America Inducts Kapila Anand to Its Board As Director

Extended Stay America, Inc.

disclosed that it inducted Kapila Kapur Anand in to its Board as an independent director. According to the company, Anand recently retired from KPMG, where she was a liaison partner with its Audit Committee Institute. She also served as National Partner-in-Charge, Public Policy Business Initiatives apart from segment leader for the Travel, Leisure and Hospitality industry in KPMG, Chair of the Global Hospitality Network, and was a member of the Global Real Estate Steering Committee. The company's President and Chief Executive Officer, Gerry Lopez, said, "We are delighted to welcome Kapila Anand to our Board of Directors. Kapila is a nationally renowned industry leader, with over 30 years of experience serving real estate, private equity, gaming and hospitality clients on audit and advisory projects. She will bring a strong independent voice to the Board that will help us further drive shareholder value." Extended Stay America said that Ms. Anand served KPMG LLP Boards in the U.S. and the Americas, the Board of the Franciscan Ministries, and as the chair of both the KPMG Foundation and The Chicago Network. The company added that she was the Lead Director for the Women Corporate Directors Education and Development Foundation currently, serves as the co-chair of the Financial Management Committee of the American Hotel and Lodging Association, and on different non-profit boards. That included the US Fund for UNICEF. On Friday, the stock edged higher by 2.11 percent.