William A. Prezant (Chairman) has been a partner in the law firm of Prezant & Mollath, practicing law in California and Nevada, since 1990. He serves on the board of directors of MacGregor Golf Company, Torrey U.S. Strategy Partners and Torrey International Strategy Partners (both registered investment companies), Forward Management (a financial services company), and Reflow Management (an investment advisor). He also serves on the advisory boards of the Prescott Group (a real estate investment and asset management company) and Cedar Ridge Partners (hedge fund). Mr. Prezant’s community activities include serving on the California/ Nevada Advisory Board for the Wilderness Society and the Advisory Council of the Nevada Museum of Art.

Robert P. Bowen currently serves as a director and chairman of the audit committee of the board of directors of Equity Inns, Inc., a publicly-traded hotel REIT and of Gaylord Entertainment Company, a publicly-traded hotel company. Mr. Bowen retired as a partner of Arthur Andersen LLP in 1999. From 1980 to 1998, he was partner-in-charge of the audit practice of Arthur Andersen’s Memphis and Little Rock offices. For more than 25 years, he specialized in the hospitality and entertainment industry and was a member of Arthur Andersen’s worldwide hospitality industry team. Mr. Bowen joined Arthur Andersen in 1968, after receiving his Master of Business Administration degree from Emory University. Mr. Bowen has informed us he is not standing for reelection to the Gaylord board.

Kenneth Fisher has been a senior partner in Fisher Brothers, a New York City commercial real estate firm, since April 2003, and was a partner of Fisher Brothers from 1991 to April 2003. Mr. Fisher has been the chairman and chief executive officer of Fisher House Foundation, Inc., a not-for-profit organization that constructs homes for families of hospitalized military personnel and veterans, since May 2003, and served as vice chairman of Fisher House Foundation from May 2001 to May 2003. Mr. Fisher is also a director of Reology Corporation. Mr. Fisher is a 26-year veteran of the real estate industry. Mr. Fisher also is a member of the executive committee of the City Investment Fund, LP, a real estate investment fund, and a member of the Real Estate Board of New York’s Board of Governors. Mr. Fisher has also been appointed to the President’s Commission on Care for America’s Returning Wounded Warriors.

Raymond L. “Rip” Gellein, Jr., often referred to as a “timeshare industry pioneer,” resigned from Starwood Hotels and Resorts Worldwide in March of 2008 where he held the position of President, Global Development Group. In this position, Rip had overall management responsibility for the full range of Starwood’s global real estate-related functions. The scope of his responsibilities encompassed Starwood’s $8 Billion owned hotel portfolio, all of its development activities, including hotel, resort and residential development; its $1B vacation and fractional ownership business; property acquisitions and disposition; hotel management contracts; franchise pipeline expansion; capital planning and allocation; portfolio management; feasibility studies; and design and construction.

Prior to his position as President, Global Development Group, Rip served as Chairman and CEO of Starwood Vacation Ownership, Inc., the vacation ownership division of Starwood Hotels & Resorts Worldwide, Inc., (1999-2006). In this capacity, he led the integration of the company’s successful timeshare operations with the brands, resources and assets of Starwood. He was a Director of Starwood Vacation Ownership Inc. from 1999 to 20008..

Rip was formerly Chairman and Co-Chief Executive Officer of Vistana, Inc., a public vacation ownership company acquired by Starwood in 1999. He joined Vistana in 1980 and was instrumental in leading the company’s development, the sale of the company in 1986, re-acquiring the assets of the Vistana entities from General Development Corporation in 1991 and launching a successful initial public offering of Vistana in 1997. .

Prior to joining Vistana, Rip was a Vice President and Division Manager in real estate for the Continental Illinois National Bank and Trust Company of Chicago. (1974-1980).

He holds an MBA in Finance, Accounting and Marketing from Northwestern University’s Kellogg School of Management (1974), as well as a Bachelor of Arts majoring in Psychology from Denison University (1969). Between college and graduate school, Rip taught mathematics and psychology as well as coached basketball, football and golf at two private secondary schools, the last two years at the Groton School in Groton, Massachusetts..

Rip has served as a board member of the Florida Chapter of Junior Achievement, the Roy E Crummer Graduate school of Business at Rollins College and served as the Chairman of the American Resort Development Association (ARDA). Rip is currently serving as an advisor to the ARDA board and the ARDA executive committee..

Laurence S. Geller is our President, Chief Executive Officer and Director and founder of Strategic Hotel Capital, L.L.C., or SHC LLC. Prior to founding SHC LLC in 1997, Mr. Geller was Chairman and Chief Executive Officer of Geller & Co., a gaming, tourism and lodging advisory company he founded in 1989. Geller & Co. specialized in major hotel, corporate and real estate development, financing and structuring on an international scope. Previously, Mr. Geller held positions as Executive Vice President and Chief Operating Officer of Hyatt Development Corporation, Senior Vice President of Holiday Inns, Inc. and Director of Grand Metropolitan Hotels in London. Mr. Geller is a former Vice Chairman of the Commercial and Retail Council of the Urban Land Institute and the immediate past Chairman of the Industry Real Estate Financing Advisory Council of the American Hotel and Motel Association. Mr. Geller also sits on the board of Children’s Memorial Hospital and serves as a member of its finance committee and facilities sub-committee. Mr. Geller is Co-Chairman of the Board of Trustees of the Churchill Centre and Ambassador for North America for the Hotel and Catering Institutional Management Association of the U.K. Mr. Geller is a graduate of Ealing Technical College’s school of hotel management and catering. Mr. Geller has over 40 years of experience in the lodging industry and has received numerous awards for his service to the lodging industry.

James A. Jeffs served as the chairman of the board of directors of Whittier Energy Corporation, an oil and gas exploration and production company headquartered in Houston, Texas and listed on the NASDAQ, from 2003 to 2006. Since 2005, he has served as a director and executive chairman of Max Petroleum Plc, a company listed on both the London Stock Exchange and the Frankfurt Stock Exchange. Mr. Jeffs was also a director of Magnum Oil from 2001 to 2006 and has been a director of South Oil Company since 2005, both based in Russia. Mr. Jeffs has served since 1994 as Managing Director and Chief Investment Officer of The Whittier Trust Company, a trust and investment management company headquartered in South Pasadena, California. Previously, Mr. Jeffs was Co-Chairman of the Board from 1999 to 2002, Chairman and Chief Executive Officer of Chaparral Resources, Inc. in 2002. Mr. Jeffs was Chief Investment Officer and Senior Vice President of Trust Services of America from 1988 to 1992, and also President and Chief Executive Officer of TSA Capital Management. Mr. Jeffs also served on the board of investments of The Los Angeles County Employees Retirement Association from 1994 to 1998.

Richard Kincaid was the president and chief executive officer of Equity Office Properties Trust, until its acquisition by the Blackstone Group in February of 2007. He is currently the President and Founder of the BeCause Foundation. The BeCause Foundation is a nonprofit corporation that heightens awareness about a number of complex social problems and promotes change through the power of film. Mr. Kincaid is also an active private investor in early stage companies.

Mr. Kincaid held three C-level positions at Equity Office – CFO, COO and CEO. Prior to being named President and CEO in 2003, Mr. Kincaid served as the company’s executive vice president and chief operating officer. In this role, he introduced a new operating model to the office building industry. The model centralized isolated building management staff and eliminated redundant practices to facilitate stronger customer and broker relationships, the sharing of best practices across markets, and more efficient lease execution. Also as COO, he focused on developing the company’s corporate strategy, translating strategy into operating plans and ensuring consistent implementation across the organization.

Mr. Kincaid has also served as Equity Office’s executive vice president and chief financial officer. In this role, he was responsible for Financial Reporting and Tax, Information Technology, Treasury and Finance, Investor Relations/Public Relations and Risk Management. He led the consolidation of the four private Zell/Merrill funds that created the portfolio for Equity Office’s 1997 IPO. At 33 and one of the country’s youngest CFO’s, Richard developed the financial, technology and integration strategies for the company during its tremendous growth, which included nearly $17 billion in acquisitions.

Mr. Kincaid was with Equity Office since its 1997 IPO, and worked with the company’s chairman, Sam Zell, for over 16 years. Prior to joining Equity Office in 1995, Mr. Kincaid was senior vice president of finance for Equity Group Investments, Inc., where he oversaw debt financing activities for the public and private owners of real estate controlled by Mr. Zell. During his tenure at Equity Group Investments and Equity Office, Mr. Kincaid has supervised more than $11 billion in financing transactions. Prior to joining Equity Group Investments in 1990, Mr. Kincaid held positions with Barclays Bank PLC and The First National Bank of Chicago.

Mr. Kincaid is on the board of directors of Rayonier Inc. (NYSE: RYN), an international REIT that specializes in timber and specialty fibers. He also serves on the board of directors of Vail Resorts (NYSE: MTN), a mountain resort operator.

Mr. Kincaid received his master’s degree in business administration from the University of Texas, and his bachelor’s degree from Wichita State University.

David M.C. Michels currently sits on the board of directors of The British Land Company plc, easyJet plc and Marks & Spencer plc. From June 1, 2000 until February 28, 2006, Mr. Michels was Chief Executive Officer of Hilton Group plc and from April 1, 1999 to May 29, 2000 he was Chief Executive Officer of Hilton International. Mr. Michels was a non-executive director of Hilton Hotels Corporation from November 9, 2000 to December 29, 2005. He served as Chief Executive officer of Stakis plc from May 1, 1991 to March 30, 1999. Mr. Michels has spent 37 years in the leisure industry, primarily in hotels. He was also with Grand Metropolitan for 15 years, culminating in a board position as worldwide Marketing Director.

Eugene Reilly is President, the Americas for AMB Property Corporation for AMB Property Corporation. In this capacity, he is responsible for AMB’s business in the United States, Canada and Latin America. Mr. Reilly joined AMB in 2003 and has 25 years of experience in the development, acquisition, disposition, financing and leasing of industrial properties throughout the Americas.

Prior to joining AMB, he was Chief Investment Officer of Cabot Properties, Inc., a private equity industrial real estate firm in which he served as a founding partner and member of its Investment Committee and Board of Directors. Mr. Reilly served with Cabot and its predecessor companies, including the NYSE-traded Cabot Industrial Trust, for 11 years. He has served on the Board of Directors of Grupo Acción, S.A. de C.V., a leading development company in Mexico.

Mr. Reilly is a member of the National Association of Industrial and Office Parks (NAIOP) where he has served on the Board of Directors of the Massachusetts chapter, the National Industrial Education Committee and currently serves on the NAIOP National Board of Directors. He holds an A.B. in Economics from Harvard College.