DALLAS— CEO Colin Reed will assume the additional role of Chairman for hospitality and entertainment firm Gaylord Entertainment, effective next May at its annual meeting. Reed, who became CEO in April 2001, will be succeeding current Chairman Michael Rose, who is to become chairman of the board’s executive committee, according to a company statement. The company added that its board of directors also extended employment agreements for Reed and Rose through May 2008 and May 2009, respectively.
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