Pegasus Solutions Names Marcie Hyder CFO and Executive Vice President

| March 31, 2011

Kevin Housh Also Promoted to Vice President and Controller

SCOTTSDALE, DALLAS and LONDON (March 30, 2011) – Pegasus Solutions has named Marcie Hyder chief financial officer and executive vice president. Kevin Housh will take over her responsibilities as vice president and controller.

Hyder has served Pegasus for 10 years, most recently as vice president and controller. With a strong finance background, she has worked with public and private companies, including Builders FirstSource, Brinker International and KPMG. In her new role as CFO and executive vice president, she will be responsible for all finance, corporate accounting and compliance functions.

The appointment was announced by Mike Kistner, chief executive officer of Pegasus Solutions. “We took the time to conduct an extensive executive search for this position. Marcie’s vast financial experience and understanding of our company, our investors, our industry, and our customers makes her the ideal executive to move our company forward,” said Kistner.

At Pegasus, Hyder has helped guide the company with fiscal responsibility through the economic downturn, which has posed a significant challenge for the hospitality industry’s technology providers. She was also instrumental in the company’s debt restructuring in late 2009, which allowed the company to achieve its financial goals in 2010. Prior to Pegasus, Hyder served as the director of financial reporting for Builders FirstSource, Inc. She is a C.P.A. and holds a bachelor of business administration in accounting from Texas A&M University.

Housh joined Pegasus in August 2009 as director of Accounting. During his tenure, he has helped the company structure strategic deals and initiatives to achieve optimal financial benefit. He is a C.P.A. and earned his bachelor’s and master’s degrees in accounting from Southern Methodist University.

 

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