Summit Hotel Properties: Exec Chairman Hansen to retire; Jones named Non-Exec Chairman effective Jan 1, 2022

Summit Hotel Properties, Inc.

Dan Hansen retiring as Executive Chairman effective Dec 31, 2021; will remain on board until 2022 annual meeting.
Jeff Jones, current Lead Independent Director and audit chair, appointed Non-Executive Chairman effective Jan 1, 2022.
Jones chairs audit committee at Noodles & Co (NDLS) and serves on boards of Hershey Entertainment and ClubCorp.
Press release also references previously announced $822M acquisition of 27-hotel portfolio from NewcrestImage.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Daniel P. Hansen

Executive Chairman

INN · Summit Hotel Properties, Inc.

Effective: 2022-01-01
Successor: Jeffrey W. Jones
Filed: December 7, 2021, 6:59 PM ET

On December 2, 2021, Daniel P. Hansen, Executive Chairman of Summit Hotel Properties, Inc. (the “Company”) notified the Company of his intent to retire from his position as Executive Chairman effective January 1, 2022.

Appointed

Jeffrey W. Jones

non-executive Chairman of the Board

INN · Summit Hotel Properties, Inc.

Effective: 2022-01-01
Filed: December 7, 2021, 6:59 PM ET

In connection with Mr. Hansen’s retirement, the Company announced the appointment of Jeffrey W. Jones as non-executive Chairman of the Board, effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel P. Hansen retired as Executive Chairman at Summit Hotel Properties, Inc..

Action: retired
Role: Executive Chairman

Exact text from the filing

On December 2, 2021, Daniel P. Hansen, Executive Chairman of Summit Hotel Properties, Inc. (the “Company”) notified the Company of his intent to retire from his position as Executive Chairman effective January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey W. Jones was appointed as non-executive Chairman of the Board at Summit Hotel Properties, Inc..

Action: appointed
Role: non-executive Chairman of the Board

Exact text from the filing

In connection with Mr. Hansen’s retirement, the Company announced the appointment of Jeffrey W. Jones as non-executive Chairman of the Board, effective January 1, 2022.

View on SEC.gov

Summit Hotel Properties, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-21-147252

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