DiamondRock Hospitality Names New CFO, Elects Director
Ticker: DRH · Form: 8-K · Filed: May 16, 2024 · CIK: 1298946
Sentiment: neutral
Topics: executive-appointment, board-composition, cfo-hire
TL;DR
DiamondRock Hospitality Co. just named a new CFO and elected a new director.
AI Summary
DiamondRock Hospitality Co. announced on May 14, 2024, the election of Mark J. Rose as a new director and the appointment of Jonathan M. Stagg as Chief Financial Officer. The company also disclosed compensatory arrangements for its named executive officers, including Stagg, and provided a Regulation FD disclosure.
Why It Matters
Changes in key executive positions and board composition can signal shifts in company strategy and financial oversight.
Risk Assessment
Risk Level: low — The filing primarily concerns executive appointments and disclosures, which are standard corporate governance events.
Key Players & Entities
- DiamondRock Hospitality Co. (company) — Registrant
- Mark J. Rose (person) — Elected Director
- Jonathan M. Stagg (person) — Appointed Chief Financial Officer
- May 14, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of DiamondRock Hospitality Co.?
Jonathan M. Stagg has been appointed as the new Chief Financial Officer.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 14, 2024.
Who was elected as a new director for DiamondRock Hospitality Co.?
Mark J. Rose was elected as a new director.
What other items are disclosed in this 8-K filing besides executive changes?
The filing also includes disclosures regarding compensatory arrangements of certain officers and a Regulation FD disclosure.
What is the principal executive office address for DiamondRock Hospitality Co.?
The principal executive offices are located at 2 Bethesda Metro Center, Suite 1400, Bethesda, MD 20814.
Filing Stats: 1,632 words · 7 min read · ~5 pages · Grade level 12.6 · Accepted 2024-05-16 16:58:54
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value DRH New York Stock Exchange
Filing Documents
- drh-20240514.htm (8-K) — 43KB
- exhibit99151624.htm (EX-99.1) — 8KB
- drhlogopressreleasea35a.gif (GRAPHIC) — 2KB
- 0001298946-24-000077.txt ( ) — 220KB
- drh-20240514.xsd (EX-101.SCH) — 2KB
- drh-20240514_def.xml (EX-101.DEF) — 15KB
- drh-20240514_lab.xml (EX-101.LAB) — 27KB
- drh-20240514_pre.xml (EX-101.PRE) — 16KB
- drh-20240514_htm.xml (XML) — 4KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure A copy of the press release issued by the Company to announce Mr. Spierto's appointment to Chief Accounting Officer described above and the hiring of Anika Fischer as the Company's General Counsel is furnished as Exhibit 99.1 to this Current Report and incorporated by reference herein. The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section. The information in this Current Report, including Exhibit 99.1, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act of 1934, as amended, regardless of any incorporation by reference language in any such filing. This Current Report will not be deemed an admission as to the materiality of any information in this Current Report that is required to be disclosed solely by Regulation FD.
01. Financial Statements and Exhibits
ITEM 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibits are included with this report: Exhibit No. Description 99.1 Press Release, dated May 16, 2024 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive Data File SIGNATURE 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. DIAMONDROCK HOSPITALITY COMPANY Dated: May 16, 2024 By: /s/ Briony R. Quinn Briony R. Quinn Executive Vice President, Chief Financial Officer and Treasurer