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Sunstone Hotel Hires President, Eventual CEO

San Clemente-based hotel owner Sunstone Hotel Investors Inc. has hired a president who’s set to become chief executive a year from now.

Arthur L. Buser is set to undergo a transition period before taking over as chief executive from company founder Bob Alter in July 2009.

Alter went from chief executive to executive chairman last year and temporarily resumed the top job earlier this year after heir apparent Steven R. Goldman left to become president of global real estate and development for Hilton Hotels Corp.

Alter is set to remain executive chairman after Buser becomes chief executive.

For the past 11 years, Buser served in a variety of roles at the hotel unit of Jones Lang LaSalle, most recently serving as head of global hotel capital markets.

Before that, he was at Yarmouth Group and Hilton Hotels.

Buser lives in Santa Monica and plans to move to Orange County.

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