Ashford Hospitality Trust Names New CFO
Ticker: AHT-PG · Form: 8-K · Filed: Apr 18, 2024 · CIK: 1232582
| Field | Detail |
|---|---|
| Company | Ashford Hospitality Trust Inc (AHT-PG) |
| Form Type | 8-K |
| Filed Date | Apr 18, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment, executive-transition
Related Tickers: AINC
TL;DR
Ashford Hospitality Trust just named Joe McAleer as their new CFO, effective immediately.
AI Summary
Ashford Hospitality Trust, Inc. announced on April 17, 2024, the appointment of Joseph "Joe" McAleer as Chief Financial Officer, effective immediately. McAleer previously served as Senior Vice President of Finance and Investor Relations for the company. He will also serve as Executive Vice President of Ashford Inc., the company's manager. This change follows the departure of former CFO Deric Waite.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and operational stability.
Key Players & Entities
- Ashford Hospitality Trust, Inc. (company) — Registrant
- Joseph "Joe" McAleer (person) — Newly appointed Chief Financial Officer
- Deric Waite (person) — Former Chief Financial Officer
- Ashford Inc. (company) — Company's manager
- April 17, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Ashford Hospitality Trust, Inc.?
Joseph "Joe" McAleer has been appointed as the new Chief Financial Officer, effective April 17, 2024.
What was Joseph McAleer's previous role within Ashford Hospitality Trust?
Joseph McAleer previously served as Senior Vice President of Finance and Investor Relations for Ashford Hospitality Trust.
What other position will Joseph McAleer hold?
Joseph McAleer will also serve as Executive Vice President of Ashford Inc., the company's manager.
When was the appointment of the new CFO effective?
The appointment of Joseph McAleer as CFO was effective April 17, 2024.
Who did Joseph McAleer replace as CFO?
Joseph McAleer replaced Deric Waite as Chief Financial Officer.
Filing Stats: 909 words · 4 min read · ~3 pages · Grade level 11.5 · Accepted 2024-04-18 17:12:55
Filing Documents
- aht-20240417.htm (8-K) — 36KB
- ahtceopr.htm (EX-99.1) — 15KB
- image_1aa.jpg (GRAPHIC) — 194KB
- 0001232582-24-000052.txt ( ) — 508KB
- aht-20240417.xsd (EX-101.SCH) — 3KB
- aht-20240417_def.xml (EX-101.DEF) — 17KB
- aht-20240417_lab.xml (EX-101.LAB) — 31KB
- aht-20240417_pre.xml (EX-101.PRE) — 18KB
- aht-20240417_htm.xml (XML) — 7KB
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE. On April 18, 2024, the Company issued a press release announcing the matters described in Item 5.02 of this Form 8-K. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in this Item 7.01 of this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit Number Description 99.1 Press Release of the Company, dated April 18, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ASHFORD HOSPITALITY TRUST, INC. Dated: April 18, 2024 By: /s/ Alex Rose Alex Rose Executive Vice President, General Counsel & Secretary