Braemar Hotels & Resorts upsizes board of directors

Published 2 months ago Positive
Braemar Hotels & Resorts upsizes board of directors
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Braemar Hotels & Resorts (NYSE:BHR [https://seekingalpha.com/symbol/BHR]) announced [https://seekingalpha.com/pr/20211343-braemar-to-expand-board-of-directors] on Tuesday an upsizing of its board of directors with the appointment of Bob Ghassemieh as a new member.

Shares were +4.55% pre-market to $2.30.

The new appointment comes in connection with a cooperation agreement between Braemar and Ghassemieh. The Ghassemieh Group collectively beneficially owns ~7.3% of the company's outstanding common stock.

Otherwise, the board [https://braemar.q4ir.com/investor/corporate-governance/officers-directors/default.aspx] consisted of Stefani Danielle Carter, Richard J. Stockton, Monty J. Bennett, Mary Candace Evans, Matthew D. Rinaldi, Rebeca Odino-Johnson, Rebecca Musser, and Kellie Sirna.

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