DiamondRock Hospitality EVP/General Counsel William Tennis to retire June 30, 2024

DiamondRock Hospitality Co

EVP, General Counsel & Corporate Secretary William Tennis retires June 30, 2024; provides consulting through Dec 31, 2024.
Receives $236,000 pro-rata bonus for 2024 based on target bonus; health coverage continued through Dec 31, 2024 or COBRA end.
Unvested restricted stock and LTIP units from 2022 and 2024 awards vest immediately on retirement date.
Outstanding PSU awards (2022, 2023, 2024) remain eligible; shares issued at target at end of performance period.
Retirement agreement includes standard release, non-compete, non-solicitation, non-disclosure, and non-disparagement covenants.

item 5.02 item 9.01

Executive movements

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Departed

William J. Tennis

Executive Vice President, General Counsel and Corporate Secretary

DRH · DiamondRock Hospitality Co

Effective: 2024-06-30
Filed: June 3, 2024, 7:59 PM ET

On May 31, 2024, DiamondRock Hospitality Company (the “Company”) entered into a retirement agreement with William J. Tennis (the “Retirement Agreement”) in connection with the previously announced retirement of Mr. Tennis as Executive Vice President, General Counsel and Corporate Secretary of the Company, effective as of June 30, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

William J. Tennis retired as Executive Vice President, General Counsel and Corporate Secretary at DiamondRock Hospitality Co.

Action: retired
Role: Executive Vice President, General Counsel and Corporate Secretary

Exact text from the filing

On May 31, 2024, DiamondRock Hospitality Company (the “Company”) entered into a retirement agreement with William J. Tennis (the “Retirement Agreement”) in connection with the previously announced retirement of Mr. Tennis as Executive Vice President, General Counsel and Corporate Secretary of the Company, effective as of June 30, 2024

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DiamondRock Hospitality Co filing history →

Source: SEC EDGAR

accession 0001298946-24-000086

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