CHC Student Housing Corp. announced that Andrew Coles and Thomas Murphy have been appointed directors of the company, while Philip Gillin has resigned as a director. In addition, Mark Hansen has resigned as President and CEO of the company, and Drew Coles has been appointed interim President and CEO.

Drew Coles is the President and CEO of Full-G Capital, which he founded in April 2017. He has held senior management positions in the Canadian hospitality industry for over 13 years. Prior to founding Full-G Capital, he served as President and CEO of InnVest REIT, and oversaw the CAD 2.1 billion sale and privatization of the company to Bluesky Hotels and Resorts in August 2016.

Mr. Coles also served on the Board of Trustees of Innvest REIT from January 2015 to March 2017. From January 2015 to August 2016 he served as Chairman of Choice Hotels Canada. Mr. Coles previously served as Vice President, Hotels at Oxford Properties Group, where he was Oxford's senior leader responsible for the investment performance and expansion of its luxury hotel portfolio, which under his leadership, experienced exceptional investment performance, income growth and capital reinvestment.

In other previous roles, Mr. Coles worked with Delta Hotels which was owned by both bcIMC and Fairmont Raffles Hotels International. He is a director of Avante Logixx Inc. Thomas Murphy, CPA, CA is the Managing Director of Canonfield Inc. He has over 35 years of real estate investment, development, and financial experience. Prior to 1995, Mr. Murphy was a senior executive with Olympia & York Developments Limited, where he worked on many large and complex transactions involving commercial real estate, debt, corporate finance, and accounting and tax issues.

His responsibilities have included involvement in acquisitions, dispositions, financing and restructuring, tax planning and compliance and reporting. The appointments of Mr. Coles and Mr. Murphy are subject to acceptance by the TSX Venture Exchange.