Lance T. Shaner serves as Chairman and Chief Executive Officer of Shaner. A graduate of Alfred University, he provides the business strategy and entrepreneurial spirit for multiple companies. Under Lance’s leadership, the companies have completed over two billion dollars in transactions and have grown into a highly respected business group with over 3,000 employees.
Throughout Mr. Shaner’s extensive career he has been successful in leading the companies in areas such as finance, venture capital, contract negotiations, real estate development, acquisitions and strategic investment advice. Today as the Chief Executive Officer of Shaner, Lance is responsible for the overall management of the company and setting of strategic directions. In this leadership role, the companies have completed a number of initiatives including:
Formed Shaner Growth Fund I and II (a private mortgage REIT) in 2009. The companies acquired $154 million of commercial mortgage debt which was sold in 14 months for a 41% IRR.
The formation of a $300 million hotel investment partnership with Five Arrows Realty Securities IV, LLC in 2007 (now Shaner Hotel Holdings L.P.).
Formed Shaner Capital L.P. in 2010, a $100 million investment fund with interests in finance, energy, condominiums, water treatment, and industrial construction.
Responsible for both new development and redevelopment of over 75 hotel projects with leading brand affiliation such as Marriott, InterContinental and Hilton.
Completed a $236 million CMBS loan offering in 2014.
Founded several oil and gas production companies with operations in eight states, achieving significant success in the exploration and development of oil and gas reserves in those states. Those companies later became NASDAQ listed Rex Energy Corp. which he currently serves as Chairman.
Developed the award-winning Williamsburg Square property in State College, Pennsylvania. This development is a mixed-use project consisting of three hotels, two restaurants and two Class A office buildings. The colonial themed property was an immediate success and established a new community landmark.
The funding and development of a regional cable television company in western New York and northern Pennsylvania that was sold for a substantial profit in 1988.
In addition to his business achievements, Lance has served in a number of leadership roles in his community, including:
· Past Vice Chairman—Board of Directors, Graystone Bank Central PA
· Past Chairman—United Way Campaign for Central Pennsylvania
· Past Chairman—Centre County Business & Industry Council
· Winner—Centre County Entrepreneur of the Year
· Good Scout of the Year Award
· Winner—Palmer Award for Philanthropy – served in various capacities to assist low-income families in acquiring affordable housing.
· Past Co-Chairman—YMCA, Lance successfully co-led the capital campaign in State College, Pennsylvania, resulting in more than doubling the existing size of the YMCA.
· Gave the lead gift to build the new Lance & Ellen Shaner Cancer Pavilion in State College, PA
· 2010 recipient of the Renaissance Man of the Year Award
· 2012 Navy League Distinguished Citizen Award
As President, Plato Ghinos is a key member of the Shaner Hotels management team. Plato joined Shaner Hotels in 1995 and has since participated in the acquisition and development of multiple hotel and restaurant properties and progressed franchise relationships and negotiations with several well-known brands. Most recently, Plato was named as Managing Director of Shaner Italia and is responsible for expanding the company's hotel portfolio in Italy.
Plato previously served for 10 years as Executive Vice-President for Federated National, a real estate development group specializing in the management and development of more than 25 hotels, resorts, restaurants and apartment complexes. Plato has extensive experience in sales and marketing, as well as in hotel and restaurant operations.
A native of Athens, Greece, Plato came to the United States to attend college, and worked for an international hotel group during graduate school. He received his B.A. in Business Administration from Coe College in Cedar Rapids, Iowa, and his M.B.A. at the American Graduate School of International Management – Thunderbird Campus in Phoenix, Arizona.
Plato is a member of several boards, including the MINA board for full-service Marriott's, University of Delaware’s Hotel Restaurant & Institutional Management (HRIM) Advisory Board and the Hunter Hotel Investment Conference Advisory Board. He also serves as a franchise advisory member for Marriott International’s Fairfield Inn & Suites brand. Plato taught several classes as part of faculty staff at Pennsylvania State University School of Hotel, Restaurant and Recreation Management and has been a guest lecturer at various Universities and hotel investment conferences. He was honored as a Fall 2011 Conti Professor at the Pennsylvania State University School of Hospitality Management.
Patrick J. Landy rejoined Shaner in July 2005. He currently holds the position of Senior Vice President and Chief Financial Officer and is responsible for all financial initiatives and reporting for Shaner Hotels. Including his first tenure with Shaner, Patrick has more than 20 years of experience in hospitality accounting and finance, and he has worked in a wide array of fields like hospitality, agriculture, insurance and academics.
Prior to rejoining Shaner, Patrick worked at Canton College Association at SUNY Canton where he held the position of Controller. In this capacity, he was responsible for financial reporting of all food and retail operations on campus, as well as overseeing the accounting for the Student Union and the SUNY Canton College Foundation. He was also an adjunct instructor in the Accounting department.
Since May 2013, Patrick became a board member and Treasurer for the JB Griffin Memorial Foundation, a nonprofit charitable organization dedicated to providing assistance within the communities where Shaner employees live and work.
Patrick has a B.S. in Accounting from SUNY Geneseo, and an MBA in Finance from Pace University. In his spare time, Patrick enjoys spending time with his family, rooting for New York sports teams and running.
George Wolfe is responsible for all legal matters pertaining to Shaner's hotel and real estate divisions together with the Shaner Growth Funds and Shaner Risk Management.
Prior to joining Shaner, George served as Senior Vice President and General Counsel for Zamias Services, Inc., a national owner, developer, leasing and management agent in the shopping center industry. George spent 12 years in private practice with Spence, Custer, Saylor, Waite and Rose, a prominent regional law firm. He has served as Solicitor to various municipalities, zoning hearing boards and nonprofit and charitable organizations. George was General Counsel to the Western Pennsylvania Golf Association, President of the Cambria County Library Association, Vice President of the Westmont Hilltop School Board and a Board Member with the Appalachian Intermediate Unit 8. George was also President of Sunnehanna County Club and was a board member for five years. George is currently a board member of the Jacob Fend Foundation.
George earned his Bachelor of Arts at Rollins College and his Juris Doctorate at the Thomas M. Cooley Law School. George is admitted to practice in Pennsylvania and before the United States District Court for the Western District of Pennsylvania. George is a member of the Pennsylvania Bar Association and the Centre County Bar Association.
When not in the Office, George can likely be found enjoying family time, playing a round of golf or hiking through the backwoods of Pennsylvania.
Lisa Larson is responsible for operational excellence, driving performance and delivering exceptional results. She is a leader in performance management, owner relations and brand management.
Prior to joining Shaner in 2015, Lisa was the COO for a company with 36 Marriott and Hilton brand hotels across the southwest. She also spent 13 years with Marriott International earning widespread industry recognition for her leadership and innovation. She was instrumental in supporting growth through her leadership of Marriott's North America select-service and extended-stay franchise operations, where her team worked with more than 470 franchise management companies and almost 3,000 across the US and Canada.
Brian joined Shaner in July 2013 to oversee the operations of an existing portfolio of full-service properties and to assist in the company’s continued growth into upscale hotels and resorts. Brian’s passions are in the development of extraordinary associates and managers who share his goals to provide an extraordinary guest service experience and market leading growth and profitability.
A graduate of East Stroudsburg University with a Bachelor's degree in Hotel and Restaurant Management, his previous 21 years of full-service experience included a role of Regional Vice President overlooking over 15 full-service properties, four Marriott Resorts and hotels encompassing the Sheraton, Hilton, Doubletree, Wyndham, and Marriott brands.
Steve Shala joined Shaner in August 2012 as the Chief Information Officer, with the responsibility of managing the information technology for all Shaner business operations. With more than 20 years of experience in this field, Steve is a solid and diverse addition to Shaner.
Before joining our team, Steve served as the Director of Networks, Servers and Security for the Fairmont State University in West Virginia. At Fairmont State, he directed the team responsible for the university data center, networking and all technology systems infrastructure. Prior to his leadership role at Fairmont State, Steve graduated from Penn State University and worked in the College of Agricultural Sciences' IT Department, developing and supporting IT systems and a statewide network to all 67 Pennsylvania counties.
Outside the office, Steve enjoys golfing, fishing, hunting, gardening and other outdoor activities, but most looks forward to the winter months when he works at the local ski area several days a week. Steve is a PSIA-certified Alpine Level 2 ski instructor, and found the teaching and communication skills he learned as an instructor also apply to many areas of work and family life.
William S. ("Bill") Hoy has more than 30 years of hospitality experience. He is currently is the VP of Design, Construction and Facilities Management and is responsible for all activities related to design, construction, renovation and capital expenditures for the Shaner portfolio of hotels.
Preceding his current position, Mr. Hoy was a senior executive of architecture and construction for Wyndham Worldwide. He also worked for nearly 20 years at Marriott International.
Mr. Hoy has a Master of Science in Real Estate from the Johns Hopkins University and a Master of Architecture from Montana State University. He is a former board member of the National Institute of Building Sciences and the Construction Management Association of America (CMAA). Mr. Hoy maintains a current Architectural License in Maryland.
Derrick joined Shaner in 2007, and today he directs the organization's investment underwriting, feasibility, valuation and overall credit analysis. He is actively involved all aspects of the company's finance and development activities, including the acquisition and development process, asset management, financial analysis, market research, strategic planning, capital markets transactions and investor relations.
Prior to joining Shaner, Derrick served as Director of Finance with Penn, Schoen & Berland, an affiliate of global communications firm WPP Group in Washington, DC. Derrick holds a B.S. in Economics from Penn State University.
Brian joined Shaner in 2004 and has more than 30 years of experience in Human Resources, including employee relations, recruitment, EEO and affirmative action, benefit programs and training and development. Brian gained his experience through assignments at Citicorp, AquaPenn, Groupe Danone and Coca-Cola. He is a graduate of Penn State University.
At Shaner, Brian works with all business operations to ensure positive associate relations and addresses employment law and policy compliance for all business locations. He also handles recruitment support, benefit program management and payroll. His focus is to attract and retain the very best associates, develop an environment where associates can learn, grow to reach their full potential and directly impact the long-term expansion and success of the Shaner businesses. The corporation’s benefits and payroll functions report to Brian.
In his free time, Brian supports local charitable organizations and enjoys outdoor time on a small farm outside of State College.