Value Place Gets New CFO

WICHITA, KS—Value Place, the extended-stay hotel chain, recently appointed Stuart Becker as its new executive vice president and chief financial officer, another chapter in its effort to bring new talent to its leadership team and expand throughout the US. As reported in GlobeSt.com, the new team includes a chief executive officer, chief operating officer, marketing head and a branding expert. And just this year the company has opened new hotels in Ohio, Virginia, North Dakota and many other states.

Becker, who officially joined the company on October 13, will oversee the company’s finance and accounting functions and provide financial management, planning, and operations for each of the brand’s departments, including property management, real estate and franchise development, construction, and franchise and legal services. He also has past experience with lenders and private equity sources and will help identify additional financing to support the continued development of new Value Place properties.