Preferred Hotel Group Names New CEO

This week, Chicago-based Preferred Hotel Group announced it has promoted Lindsey Ueberroth to chief excutive officer. Ueberroth, who replaces her father, John Ueberroth, at the helm of the hotel consortium, also will continue to serve in her current role as president. According to the elder Ueberroth, the promotion was part of a carefully planned and anticipated succession of leadership for the company, which is entering its tenth year of private ownership by the Ueberroth family.