Ashford Hospitality Trust CEO Rob Hays to resign June 30; Stephen Zsigray named successor

ASHFORD HOSPITALITY TRUST INC

Rob Hays to step down as President and CEO effective June 30, 2024, after ~20 years of service.
Stephen Zsigray, current SVP of Corporate Finance & Strategy, appointed as President and CEO effective same date.
Zsigray helped raise over $1.2B in equity and secured $1.0B+ in debt financing since 2020.
Hays will aid transition before pursuing a business opportunity outside real estate with his father.
Zsigray also serves as CFO and Treasurer of Stirling Hotels & Resorts (consolidated AHT subsidiary).

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Stephen Zsigray

President and Chief Executive Officer

AHT · ASHFORD HOSPITALITY TRUST INC

Effective: 2024-06-30
Filed: April 18, 2024, 7:59 PM ET

the Board of Directors of the Company appointed Ashford’s current Senior Vice President of Corporate Finance & Strategy, Stephen Zsigray, to fill the role of President and Chief Executive Officer at the Company, effective June 30, 2024.

Departed

J. Robison Hays, III

President and Chief Executive Officer

AHT · ASHFORD HOSPITALITY TRUST INC

Effective: 2024-06-30
Successor: Stephen Zsigray
Filed: April 18, 2024, 7:59 PM ET

Mr. Hay’s resignation is expected to be effective June 30, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Zsigray was appointed as President and Chief Executive Officer at ASHFORD HOSPITALITY TRUST INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board of Directors of the Company appointed Ashford’s current Senior Vice President of Corporate Finance & Strategy, Stephen Zsigray, to fill the role of President and Chief Executive Officer at the Company, effective June 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Robison Hays, III departed as President and Chief Executive Officer at ASHFORD HOSPITALITY TRUST INC.

Action: resign
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Hay’s resignation is expected to be effective June 30, 2024.

View on SEC.gov

ASHFORD HOSPITALITY TRUST INC filing history →

Source: SEC EDGAR

accession 0001232582-24-000052

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