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United States

Xenia Hotels & Resorts Inc (XHR.N)

XHR.N on New York Stock Exchange

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8 Dec 2017
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Summary

Name Age Since Current Position

Marcel Verbaas

48 2017 Chairman of the Board, Chief Executive Officer

Barry Bloom

53 2017 President, Chief Operating Officer

Atish Shah

44 2016 Chief Financial Officer, Executive Vice President, Treasurer

Joseph Johnson

42 2016 Senior Vice President, Chief Accounting Officer, Principal Accounting Officer

Philip Wade

40 Senior Vice President, Chief Investment Officer

Jeffrey Donahue

71 2017 Lead Independent Director

John Alschuler

69 2015 Independent Director

Keith Bass

52 2015 Independent Director

Thomas Gartland

59 2015 Independent Director

Beverly Goulet

62 2015 Independent Director

Mary Mccormick

59 2015 Independent Director

Dennis Oklak

62 2015 Independent Director

Biographies

Name Description

Marcel Verbaas

Mr. Marcel Verbaas is Chairman of the Board, Chief Executive Officer of the Company. He has held the position of President and Chief Executive Officer of the Company or its affiliated entities from its formation in 2007 and guided the Company through its spin-off from its prior parent company and listing on the New York Stock Exchange in February 2015. Mr. Verbaas has also served as a director of the Company since August 2014. From December 2004 until its successful sale in April 2007, Mr. Verbaas was Senior Vice President and Chief Investment Officer for CNL. In that capacity, he was responsible for the CNL’s investment activities, acquisitions and dispositions.

Barry Bloom

Mr. Barry A.N. Bloom, Ph.D. is President, Chief Operating Officer of the Company. He joined the Company in July 2013 as Executive Vice President and Chief Operating Officer. Prior to joining the Company, Mr. Bloom served as an Associate Professor of the Practice in the School of Hospitality Administration at Boston University. From July 2010 to June 2011, Mr. Bloom served as an Instructor in the School of Hospitality Leadership at DePaul University. From 2008 to 2011, Mr. Bloom co-founded and was a Principal of Abacus Lodging Investors LLC, a hotel investment and advisory firm. Prior to pursuing an academic career, Mr. Bloom worked for a variety of leading hotel investment firms, most recently as Executive Vice President of Portfolio Management & Administration with CNL Hotels & Resorts, Inc. (“CNL”), a real estate investment trust, from 2003 to 2007, where he was responsible for oversight of the company’s $6.6 billion portfolio. Prior to CNL, he served as Vice President—Investment Management for Hyatt Hotels Corporation from 2000 to 2003. In addition, Mr. Bloom has worked for Tishman Hotel & Realty, VMS Realty Partners, and Pannell Kerr Forster (now CBRE Hotels). Mr. Bloom’s compensation is described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 10, 2017. As of the date of this report, there are no changes to Mr. Bloom’s compensation as a result of this promotion.

Atish Shah

Mr. Atish Shah has been appointed as Chief Financial Officer, Executive Vice President, Treasurer of the Company effective 25 April 2016. Most recently served as Senior Vice President – Strategy, Financial Planning & Analysis, and Investor Relations for Hyatt Hotels Corporation (“Hyatt”), a position he held beginning September 2012. From April 2015 to March 2016, Mr. Shah also served as Interim Chief Financial Officer for Hyatt. In this role, Mr. Shah had responsibility for the global finance function, including treasury, tax, accounting, internal audit, operations finance, and purchasing. Mr. Shah began at Hyatt in December 2009 as Senior Vice President – Investor Relations. Prior to joining Hyatt, Mr. Shah served as a portfolio manager of a hospitality real estate private equity fund at Lowe Enterprises. Prior to that, he worked for Hilton Hotels Corporation in a variety of finance roles, including those in feasibility, planning, investment analysis and investor relations. Mr. Shah holds a B.S. with Honors from Cornell University, a Master of Management in Hospitality from Cornell University and an MBA from The Wharton School of the University of Pennsylvania.

Joseph Johnson

Mr. Joseph T. Johnson is Senior Vice President, Chief Accounting Officer, Principal Accounting Officer of the Company. He resigned from the position of Treasurer, Principal Financial Officer of the Company. effective 25 April 2016. Mr. Johnson most recently served as Senior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer) for CNL Lifestyle Properties, Inc. a public, non-traded REIT (“CNL Lifestyle”) until April 30, 2015, and as Senior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer) for CNL Healthcare Properties, Inc. a public non-traded REIT (“CNL Healthcare”) until April 30, 2015. At CNL Lifestyle, Mr. Johnson served as Senior Vice President from February 2007 to April 30, 2015, Chief Financial Officer from August 2011 to April 30, 2015, Treasurer from April 2012 to April 30, 2015, and Chief Accounting Officer from February 2007 to August 2011. During that time, he held similar roles with CNL Lifestyle’s former and current advisors, CNL Lifestyle Company LLC and CNL Lifestyle Advisors Corporation, respectively. At CNL Healthcare, Mr. Johnson served as Senior Vice President from June 2010 to April 30, 2015, Chief Financial officer (Principal Financial Officer) from August 2011 to April 30, 2015, Treasurer from April 2012 to April 30, 2015, Chief Accounting Officer from June 2010 to August 2011, and Secretary from June 2010 to March 2011. During that time, he held similar roles with CNL Healthcare’s advisor, CNL Healthcare Corp. Mr. Johnson was employed by CNL Hospitality Corp. the advisor to CNL Hotels & Resorts, from 2001 to 2005, where he served as Vice President of Accounting and Financial Reporting. Mr. Johnson, a certified public accountant, also previously worked in the audit practice of KPMG LLP. He received a B.S. in accounting and an M.S. in accounting from the University of Central Florida.

Philip Wade

Mr. Philip A. Wade is Senior Vice President, Chief Investment Officer of the Company. He has served as Chief Investment Officer since January 2014, Senior Vice President since January 2011 and Vice President since 2007 of Xenia or certain of its affiliated entities (including our former parent). Mr. Wade is responsible for our investment activities, and has been involved in all of our hotel acquisitions and dispositions. From 2005 to 2007, Mr. Wade was the Director of Acquisitions & Asset Management for The Procaccianti Group, a real estate investment and management company, where he was responsible for underwriting the company’s hotel acquisitions and asset management of its hotel portfolio. Mr. Wade also was a senior analyst in the acquisitions department of CNL Hotels & Resorts, Inc. from 2002 to 2005, and started his hospitality career as a consultant with PKF Consulting, a hospitality and real estate consulting firm, in 1999. Mr. Wade received his Bachelor of Science degree in Management from the A.B. Freeman School of Business at Tulane University.

Jeffrey Donahue

Mr. Jeffrey H. Donahue is Lead Independent Director of the Board of the Company. Since February 3, 2015. Mr. Donahue has served as Independent Lead Director of Welltower Inc. since March 2014, as Chairman since April 2014, and has served as a Director of Welltower Inc. since 1997. Mr. Donahue was the President and Chief Executive Officer of Enterprise Community Investment, Inc. a provider of affordable housing, from January 2003 to April 2009, and was Executive Vice President and Chief Financial Officer of The Rouse Company, a real estate development and operations company, from December 1998 to September 2002. From 2010 to 2015, Mr. Donahue served as a Director of Bentall Kennedy, an institutional real estate investment advisor, and currently serves as a Director of the National Development Company, a commercial development and property company. Since February 2016, Mr. Donahue has served as Independent Director and Audit Committee member of New Tower Trust Company, a privately owned real estate investment company. Mr. Donahue has also previously served on the board of T. Rowe Price Savings Bank from 2010 to 2013 and the boards of four T. Rowe Price mutual funds, as well as numerous charitable boards. He holds a Bachelor’s degree from Cornell University and an MBA from the University of Pennsylvania’s Wharton School. Mr. Donahue was commissioned as a naval officer at the Officer Candidate School in Newport, Rhode Island and later served for two years on the USS Enterprise.

John Alschuler

Mr. John H. Alschuler is Independent Director of the Company. since February 3, 2015. Mr. Alschuler serves as Lead Independent Director and Chair of the Compensation Committee of SL Green Realty Corporation, an office property REIT focused on Manhattan real estate, where he has served as a Director since 1997. Mr. Alschuler serves as a Director for The Macerich Company, a REIT focused on the ownership of regional malls throughout the United States, where he has served since May 2015. Mr. Alschuler is the Chairman of HR&A Advisors Inc., a real estate, economic development and resiliency consulting firm. Mr. Alschuler served as Board Chair and is currently Emeritus Chair of Friends of the High Line Inc. He is also an Adjunct Associate Professor at Columbia University, teaching real estate development at the Graduate School of Architecture, Planning & Preservation and a Board Member of Center for an Urban Future. Mr. Alschuler received a Bachelor’s degree from Wesleyan University and an EdD degree from the University of Massachusetts at Amherst.

Keith Bass

Mr. Keith E. Bass is Independent Director of the Company. since February 3, 2015. Mr. Bass has served as President and Chief Executive Officer of WCI Communities, Inc. a lifestyle community developer and luxury homebuilder of single-and multi-family homes in Florida, since December 2012 and as a member of its board of directors since March 2012. From 2011 to November 2012, Mr. Bass was President of Pinnacle Land Advisors. From 2003 to 2011, Mr. Bass was an executive with The Ryland Group, and most recently, from 2008 to 2011, served as Senior Vice President of The Ryland Group and President of the South U.S. Region. From 2003 to 2008, Mr. Bass held the various titles at The Ryland Group of SE U.S. Region President, Orlando Division President and Vice President, Land Resources—SE U.S. Region. Prior to Ryland, Mr. Bass was President of the Florida Region of Taylor Woodrow from 1997 to 2003. He received a Bachelor’s degree from North Carolina Wesleyan College.

Thomas Gartland

Mr. Thomas M. Gartland is Independent Director of the Company. since February 3, 2015. Mr. Gartland serves as Director and Audit Committee member of AMB, a publicly traded provider of facility solutions, where he has served since October 2015. Mr. Gartland was President, North America for Avis Budget Group, a provider of vehicle rental services, from October 2011 until December 31, 2014. Mr. Gartland served as Executive Vice President of Sales, Marketing & Customer Care at Avis Budget Group, Inc. from April 2008 through October 2011, as a senior executive of JohnsonDiversey, Inc. from 1994 to 2008, including most recently as President of the North American Region from 2002 to 2008, and at Ecolab, Inc. from 1980 to 1994, most recently as Vice President and Director of National Accounts. He received a Bachelor’s degree in Business Administration/Marketing from the University of St. Thomas in St. Paul, Minnesota. Mr. Gartland brings to our board of directors a strong background in sales and significant senior executive and operations experience at major, multi-national companies, including a major company in the travel industry.

Beverly Goulet

Ms. Beverly K. Goulet is Independent Director of the Company. since February 3, 2015. Ms. Goulet served as Senior Vice President and Chief Integration Officer of American Airlines Group Inc. from 2013 to November 2015 and as Executive Vice President and Chief Integration Officer since December 2015. Ms. Goulet served as Chief Restructuring Officer of American Airlines from 2011 to 2013, and as Vice President—Corporate Development and Treasurer from 2002 to 2013. As Chief Restructuring Officer, Ms. Goulet helped guide American Airlines through its restructuring under Chapter 11 of the Bankruptcy Code. Prior to joining American Airlines, Ms. Goulet practiced corporate and securities law for 13 years. She received a Bachelor’s degree and a Juris Doctor from the University of Michigan.

Mary Mccormick

Ms. Mary E. Mccormick is Independent Director of the Company. Since February 3, 2015. Ms. McCormick has extensive experience in real estate, capital markets, and corporate governance. Since 2010, Ms. McCormick has been a Senior Advisor with Almanac Realty Investors, LLC. She served the Ohio Public Employees Retirement System from 1989 through 2005, where she was most recently responsible for directing the fund’s real estate investments. Ms. McCormick has held a number of leadership positions for a variety of national and regional real estate associations, including Chair of the Pension Real Estate Association. Ms. McCormick has served as a Director of EastGroup Properties, an industrial REIT, since 2005, as a director of Broadstone Net Lease, a private REIT, since 2013, and as a Director of Mid America Apartment Communities from 2006 to 2010. Ms. McCormick is a member of the Urban Land Institute and has a Bachelor’s degree and an MBA from The Ohio State University.

Dennis Oklak

Mr. Dennis D. Oklak is Independent Director of the Company. since February 3, 2015. He has been at Duke Realty Corporation, a REIT focused on industrial and office properties, since 1986 and, after holding various senior executive positions, served as Chief Executive Officer from April 2004 through December 2015 and as Director since April 2004. Mr. Oklak has served as Chairman of the Board of Directors of Duke Realty Corporation since 2005, and is currently its Executive Chairman. Mr. Oklak serves on the Executive Board of the National Association of Real Estate Investment Trusts and is a member of The Real Estate Roundtable. Mr. Oklak serves on the Executive Committee of the Central Indiana Corporate Partnership, the Board of Trustees of the Crossroads of America Council of the Boy Scouts of America Foundation and the Dean’s Advisory Board for Ball State University’s Miller College of Business. He holds a Bachelor’s degree from Ball State University.

Basic Compensation

Name Fiscal Year Total

Marcel Verbaas

4,976,740

Barry Bloom

2,276,090

Atish Shah

2,203,780

Joseph Johnson

902,870

Philip Wade

1,257,560

Jeffrey Donahue

255,003

John Alschuler

155,003

Keith Bass

150,003

Thomas Gartland

165,003

Beverly Goulet

155,003

Mary Mccormick

160,003

Dennis Oklak

165,003
As Of  30 Dec 2016