---
schema_version: "secwatch.filing_event.v1"
accession: "0001232582-23-000111"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:01:47.756910+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Ashford Hospitality Trust CAO Mark Nunneley steps down; Justin Coe appointed successor

## Summary
- Mark Nunneley will step down as CAO and from all positions with Advisor effective Dec 31, 2023, to become Senior Managing Director at Advisor.
- Justin Coe, current Senior VP of Accounting at Advisor, appointed CAO effective Jan 1, 2024.
- Nunneley's new role provides strategic advice to the Company; he receives $400,000 base salary and special severance payment upon termination.
- Coe has served as Senior VP of Accounting since July 2015, overseeing accounting for Ashford advised platforms including AHT and Braemar Hotels.
- Coe holds BBA and MAcc from Texas State University, is a licensed CPA, and has no reportable transactions or family relationships with AHT officers.

## SEC filing metadata
- accession: 0001232582-23-000111
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000111/0001232582-23-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000111/aht-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001232582-23-000111
- JSON: https://secwatch.observer/filing/0001232582-23-000111.json
- Plain text: https://secwatch.observer/filing/0001232582-23-000111.txt

## Key facts
- Executive change
  Mark Nunneley departed as Chief Accounting Officer at ASHFORD HOSPITALITY TRUST INC.
  - Action: stepped down
  - Role: Chief Accounting Officer
  source text: On December 5, 2023, Mark Nunneley, Chief Accounting Officer of Ashford Hospitality Trust, Inc. (the “ Company ”), announced to the Board of Directors (the “ Board ”) of the Company his intention to voluntarily step down from his role as the Chief Accounting Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000111/0001232582-23-000111-index.htm
- Executive change
  Justin Coe was appointed as Chief Accounting Officer at ASHFORD HOSPITALITY TRUST INC.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: On December 7, 2023, Justin Coe, the current Senior Vice President of Accounting of Advisor, was appointed to fill the role of Chief Accounting Officer at the Company, effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258223000111/0001232582-23-000111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.