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April 21, 2020
Portland-based Provenance Hotels announced that President Bashar Wali on May 29 will step down to pursue other ventures. Wali will be replaced by Katherine Durant, the company's current CEO and chair, and founder Gordon Sondland will assume the role of chair. Wali has been with Provenance for 15 years and will continue as a senior advisor. The company also promoted 20-year veteran Klaudio Simic to senior vice president of operations, and hired Ernest Glidden as CFO and Ralph Aruzza as chief marketing officer. Glidden was a senior vice president of operations finance for Caesars Entertainment. Aruzza was executive vice president and chief sales and marketing officer at Belmond. Provenance owns, develops and manages independent hotels, with a portfolio of 14 properties in Portland; Seattle; Tacoma; Palm Springs, California; New Orleans; Nashville; Boston; and Stillwater, Minnesota.