Financial Services >> CEO Interviews >> February 27, 2001

Robert Parsons Jr. – Host Marriott Corporation (hmt)

Robert E. Parsons, Jr., is currently Executive Vice President and Chief Financial Officer of Host Marriott Corporation. He is responsible for the company's corporate and project financing activities, investor and shareholder relations, as well as the treasury, accounting, and tax functions. Over the past two years, Mr. Parsons has been involved in over $5 billion of capital market transactions, including raising over $3 billion through new financings and the refinancing of $2 billion of hotel-related financings. Prior to the formation of Host Marriott, Mr. Parsons held various positions at Marriott Corporation, which he joined in 1981. He has served as Manager of Corporate Financial Planning, Manager of Corporate Strategy, Vice President of Project Finance, Assistant Treasurer of Marriott Corporation, Treasurer of Host Marriott Corporation and, in 1995, was elected Executive Vice President and Chief Financial Officer of Host Marriott Corporation. Currently, Mr. Parsons serves as a member of the Board of Directors of Excel Legacy Realty Trust and Merrill Financial Corporation. In addition, he is a member of IREFAC, is the Vice Chairman of the Hotel Development Council of the Urban Land Institute, and is the Chairman of the Steering Committee of the Marriott School of Management at Brigham Young University. He obtained a Bachelor's Degree in accounting from Brigham Young University and a Masters of Business Administration from the Marriott Graduate School of Management. Profile
TWST: Give us a brief overview and history of your company.

Mr. Parsons: Host Marriott's existence as a separate company is the

result of the Marriott Corporation splitting into two companies