secwatch.observer — SEC 8-K summary
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Issuer:     Summit Hotel Properties, Inc. (INN)
CIK:        0001497645
Form:       8-K
Filed at:   2021-12-07T23:59:59+00:00
Accession:  0001104659-21-147252
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497645/000110465921147252/0001104659-21-147252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497645/000110465921147252/tm2134790d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-147252

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer