WHITE PLAINS, November 11, 2008. Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced the appointment of Clayton C. Daley, Jr. to the Company's Board of Directors. Mr. Daley, 57, is currently Vice Chair and Chief Financial Officer for Procter & Gamble.

"With more than a decade of experience in the top financial position at P&G, Clayt is one of the most highly regarded CFOs in the world," said Frits van Paasschen, Starwood's President and Chief Executive Officer. "Coupled with his impressive background in corporate strategy and planning at arguably the biggest brand powerhouse in the world, Clayt will be a tremendous asset as Starwood continues to aggressively grow our global footprint and extend the depth and breadth of our nine distinctive and compelling brands."

Mr. Daley has spent his entire professional career with Procter & Gamble, joining the company in 1974, and has held a number of key Accounting and Finance positions including Comptroller, U.S. Operations for Procter & Gamble USA, Vice President and Comptroller of Procter & Gamble International and Vice President and Treasurer. Mr. Daley was appointed to his current position as Chief Financial Officer, Procter & Gamble in 1998 and was elected Vice Chair in 2007.

Mr. Daley's active involvement in professional organizations and charities include the Financial Executives Institute, the Rotary Club of Cincinnati, the Board of Directors for the Boys Scouts of America, Dan Beard Council, Board of Directors for Cancer Family Care, Member, Officers Conference Group, and Member, Council of Financial Executives.

Mr. Daley, who also serves on the Board of Directors of Nucor Corporation, earned a Bachelor of Arts in Economics from Davidson College and received his Masters of Business Administration from The Ohio State University.