TRT Holdings nominates four directors for election to Gaylord board

By Jennifer Chiou

New York, Jan. 28 - TRT Holdings, Inc. announced that it has nominated four candidates for election to the board of directors of Gaylord Entertainment Co.

TRT Holdings said that its candidates will stand for election at Gaylord's upcoming annual meeting of shareholders, regularly held in the first week of May.

"We believe that our director nominees are well qualified, highly experienced and have the judgment necessary to improve Gaylord's financial and operational performance," Robert Rowling, among the nominees and chairman of the board of directors of TRT Holdings, said in a news release. "Our interest is solely in working collaboratively with the board and management for the benefit of all Gaylord shareholders."

Other nominees include David Johnson, Mark Langdale and Michael J. Dickman.

Rowling is also the owner of TRT Holdings. He helped to build Tana Oil & Gas Corp. and Teco Pipeline Co., according to the release.

Johnson is president and chief executive officer of Aimbridge Hospitality. He oversees the management of Aimbridge's entire portfolio, which consists of over 50 hotels responsible for producing $300 million in annual revenue.

Langdale is president of the George W. Bush Foundation. He previously was United States Ambassador to Costa Rica.

Dickman has been an investment banker for over 20 years. He joined Morgan Stanley's investment banking division in 1987 and joined the firm's energy group in 1988 as an associate in the New York office.

It was previously reported that in December, Gaylord's board rejected TRT Holdings' bid to increase its stake in the Nashville entertainment company to as much as 30%. TRT Holdings also proposed replacing three members of Gaylord's board with TRT Holdings' designees.

Irving, Texas-based TRT Holdings is a privately owned, diversified holding company and owner of Gaylord competitor Omni Hotels. It owns 6,131,930 shares, or 14.99%, of Gaylord's outstanding stock.

TRT Holdings' assets also include Gold's Gym International, Tana Exploration, Waldo's Dollar Mart in Mexico and numerous investments in various public companies and real estate ventures.

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