Apple Hospitality REIT, Inc. Announces Executive Leadership Transition
December 06, 2019 at 07:30 pm IST
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Apple Hospitality REIT, Inc. announced Rachael Rothman, Executive Vice President and Chief Financial Officer, has resigned from the Company effective December 6, 2019. The Company also announced that its Board of Directors appointed Bryan Peery, the Company's Executive Vice President and Chief Accounting Officer, to fill the position. Mr. Peery previously served as the Company's Executive Vice President and Chief Financial Officer from the Company's inception in 2007 until June 30, 2019.
In March of 2019, Mr. Peery informed the Company of his intention to retire from his positions with the Company in the first quarter of 2020; however, Mr. Peery has agreed to remain with the Company, as necessary, beyond March 2020 to provide for an orderly transition of his responsibilities. Ms. Rothman's resignation from the Company is not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
Apple Hospitality REIT, Inc. is a real estate investment trust (REIT) that owns a diverse portfolio of upscale, room-focused hotels in the United States. The Company's portfolio consists of about 224 hotels with more than 29,886 guest rooms located in 87 markets throughout 37 states as well as one property leased to third parties. Its hotel portfolio consists of 100 Marriott-branded hotels, 118 Hilton-branded hotels and five Hyatt-branded hotels. Its hotels operate under Marriott or Hilton brands. The hotels are operated and managed under separate management agreements with 16 hotel management companies, consisting of Hilton Garden Inn, Hampton, Courtyard, Residence Inn, Homewood Suites, SpringHill Suites, Fairfield, Home2 Suites, TownePlace Suites, AC Hotels, Hyatt Place, Marriott, Embassy Suites, Aloft, and Hyatt House. Its hotels are located in various states, including Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Michigan, and others.
APPLE HOSPITALITY REIT, INC. 
