Temple's management turnover

MISSISSAUGA, Ont. — Temple Hotels Inc. has announced that Morguard Corporation has assumed the asset management agreement from Shelter Canadian Properties Ltd., and has appointed new officers.

Ari Thorsteinson

Ari Thorsteinson

MISSISSAUGA, Ont. — Temple Hotels Inc. has announced that Morguard Corporation has assumed the asset management agreement from Shelter Canadian Properties Ltd., and has appointed new officers.

On April 1, the directors accepted the resignations of Arni Thorsteinson, as chief executive officer, Larry Beeston, as chief financial officer and secretary, and Gino Romagnoli as executive vice president and have appointed:

K. Rai Sahi

K. Rai Sahi

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chief executive officer

Paul Miatello

chief financial officer

Eugene Hretzay

secretary

Beverley G. Flynn

vice-president

Patrick Seward

vice-president

Sanjay Ratejay

vice-president

K. Rai Sahi

Temple is a real estate investment company listed on the TSX, which invests in hotel properties and assets across Canada, wholly-owning a portfolio of 29 hotel properties, comprising of 3,870 rooms, and participating in 50 per cent of the earnings from two additional hotels, comprising 299 rooms.