0000914121-01-500599.txt : 20011009 0000914121-01-500599.hdr.sgml : 20011009 ACCESSION NUMBER: 0000914121-01-500599 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011002 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LODGIAN INC CENTRAL INDEX KEY: 0001066138 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 522093696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14537 FILM NUMBER: 1751349 BUSINESS ADDRESS: STREET 1: 3445 PEACHTREE ROAD N E SUITE 700 CITY: ATLANTA STATE: CA ZIP: 30326 BUSINESS PHONE: 4043649400 MAIL ADDRESS: STREET 1: 3445 PEACHTREE ROAD N E SUITE 700 CITY: ATLANTA STATE: CA ZIP: 30326 8-K 1 lo600352-8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) October 2, 2001 -------------------------------- LODGIAN, INC. -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 001-14537 52-2093696 -------------------------------------------------------------------------------- (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 3445 Peachtree Road, N.E., Suite 700 Atlanta, Georgia 30326 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (404) 364-9400 ------------------------------ Not applicable -------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS. On October 2, 2001, Lodgian, Inc. (the "Company") announced that its President and Chief Executive Officer, Thomas Arasi has resigned. The company has appointed David Hawthorne as interim President and Chief Executive Officer. The Company issued the press release attached hereto as Exhibit 99-1. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits --------- 99.1 Press Release dated October 2, 2001. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LODGIAN, INC. Dated: October 2, 2001 By: /s/ David Hawthorne ------------------------------- David Hawthorne Interim Chief Executive Officer EXHIBIT INDEX ------------- Exhibit No. Description ----------- ----------- 99.1 Press Release dated October 2, 2001 EX-99.1 3 lo600352-ex99.txt PRESS RELEASE DATED OCTOBER 2, 2001 Exhibit 99.1 [LODGIAN, INC. LOGO]
AT LODGIAN, INC. David Hawthorne Thomas B. Stoughton Charles E. Miller, Jr. Interim Chief Executive Officer Sr. Vice President of Finance Chief Accounting Officer dhawthorne@lodgian.com tstoughton@lodgian.com cmiller@lodgian.com (404) 365-3991 (404) 365-4050 (404) 812-3195
(FOR IMMEDIATE RELEASE) TUESDAY, OCTOBER 2, 2001 LODGIAN APPOINTS DAVID HAWTHORNE INTERIM CEO ATLANTA - October 2, 2001 - Lodgian, Inc., (NYSE: LOD), announced today that its President and Chief Executive Officer, Thomas Arasi, has resigned. The company has appointed David Hawthorne as interim President and Chief Executive Officer. ABOUT LODGIAN Lodgian, Inc. owns or manages a portfolio of 106 hotels with approximately 19,971 rooms in 32 states and Canada. The hotels are primarily full service, providing food and beverage service, as well as meeting facilities. Substantially all of Lodgian's hotels are affiliated with nationally recognized hospitality brands such as Marriott, Holiday Inn, Crowne Plaza, Radisson and Hilton. Lodgian's common shares are listed on the New York Stock Exchange under the symbol "LOD". FORWARD LOOKING STATEMENTS Note: Statements in this press release that are not strictly historical are "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, which may cause the Company's actual results in the future to differ materially from expected results. These risks include, among others; the effect of competition and the economy on the Company's ability to maintain margins on existing operations; the impact of threatened or pending litigation and/or governmental regulation; the Company's ability to meet its strategic plan to sell assets and use the proceeds to reduce overall Company debt and meet its principal amortization requirements; the Company's ability to refinance certain existing debt obligations; and the effectiveness of changes in management and the ability of the Company to retain, qualified individuals to serve in senior management positions, as described in the Company's filings with the Securities and Exchange Commission. FOR MORE INFORMATION ON LODGIAN VISIT LODGIAN AT WWW.LODGIAN.COM