MHI Hospitality Corporation Announces Retirement of CFO, Appoints Successor

WILLIAMSBURG, Va.--(BUSINESS WIRE)--MHI Hospitality Corporation (NASDAQ: MDH) (“MHI” or the “Company”) today announced that William J. Zaiser, MHI’s Executive Vice President, Chief Financial Officer and corporate Secretary, retired from the Company as of December 31, 2012. Mr. Zaiser will continue to serve as a consultant to the Company. Following Mr. Zaiser’s retirement, MHI’s Board of Directors appointed Mr. Anthony E. Domalski as Chief Financial Officer. Mr. Domalski has been MHI’s Vice President and Chief Accounting Officer since May 2005. The Company also appointed Patrick V. Fiel, Jr., the Company’s General Counsel, to the additional role of MHI’s corporate Secretary.