"Monte's extensive industry experience and real estate investment knowledge makes him a natural fit for the Choice Hotels Board of Directors," said Stephen P. Joyce, president and CEO of Choice Hotels. "As an experienced investor in the real estate and lodging marketplace with a commendable track record of executive leadership, we are looking forward to Monte's strategic advice. I am confident his insights will be among the driving forces in our continuing growth."
With over 25 years of investment banking experience, Koch currently serves as the Vice Chairman and Co-Founder of Auction.com, the nation's leading online real estate marketplace. Prior to his time at Auction.com, Koch was the Global Head of Real Estate Investment Banking at Deutsche Bank Securities, the U.S. investment banking and securities arm of German banking colossus Deutsche Bank. During his tenure at Deutsche Bank Securities, Koch also served as its Chairman of Mergers and Acquisitions for the Americas, driving strategy and deal execution for some of the firm's most prominent real estate, gaming and lodging clients.
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