AHT » Topics » Nominees for Director

This excerpt taken from the AHT DEF 14A filed Apr 17, 2009.
Nominees for Director
 
     
ARCHIE BENNETT, JR.
Chairman of the Board,
Ashford Hospitality Trust, Inc.


Member: Mezzanine Loan Investment Executive Committee

Director since May 2003
Shares of common stock
beneficially owned by Mr. Bennett: 4,730,442*
Age 71
 
Mr. Archie Bennett, Jr. was elected to the board of directors in May 2003 and has served as the Chairman of the board of directors since that time. He served as the chairman of the board of directors of Remington Hotel Corporation since its formation in 1992 and is currently chairman of Remington Holdings, LP, successor to Remington Hotel Corporation. Mr. Bennett started in the hotel industry in 1968. Since that time, he has been involved with hundreds of hotel properties. Mr. Bennett was a founding member of the Industry Real Estate Finance Advisory Council (“IREFAC”) of the American Hotel & Motel Association and served as its chairman for two separate terms.
   
     
MONTY J. BENNETT
Chief Executive Officer,
Ashford Hospitality Trust, Inc.


Member: Mezzanine Loan Investment Executive Committee

Director since May 2003
Shares of common stock
beneficially owned by Mr. Bennett: 4,567,082*
Age 43
  Mr. Monty Bennett was elected to the board of directors in May 2003 and has served as the Chief Executive Officer since that time. Prior to January 2009, Mr. Bennett also served as our president. Mr. Bennett also serves as the Chief Executive Officer of Remington Holdings, L.P. Mr. Bennett joined Remington Hotel Corporation (predecessor to Remington Holdings, LP) in 1992 and has served in several key positions, such as President, Executive Vice President, Director of Information Systems, General Manager and Operations Director. Mr. Monty Bennett is the son of Mr. Archie Bennett, Jr.
 
 
 
Includes common units of our operating partnership, which are redeemable for cash or, at our option, convertible on a one-for-one basis into shares of our common stock. This number does not include long-term incentive partnership units in our operating partnership because such units have not yet achieved economic parity with the common units and are therefore not, at this time, either redeemable for cash or convertible into shares of our common stock.
 


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BENJAMIN J. ANSELL, M.D.
Founder, Director, Chairman of the Board,
UCLA Executive Health Program


Director Nominee
Shares of common stock
beneficially owned by Dr. Ansell: 97,990
Age 41
 
Dr. Ansell has been nominated to serve on the board of directors commencing with our 2009 annual meeting. Dr. Ansell is the founder of and currently Director and Chairman of the Board of the UCLA Executive Health Program, where he has been responsible for marketing and selling executive health program services to more than twenty Fortune 500 companies and 1,100 individual customers within the first five year of operations. Dr. Ansell is the founder and chairman of the board of the Cardiovascular Discovery Fund. Dr. Ansell is also a senior practice physician specializing in cardiovascular disease prevention and early detection strategies. Over the past 12 years, Dr. Ansell has acted as senior advisor to the pharmaceutical industry with respect to U.S. marketing, sales and branding strategies for cholesterol medication.
   
THOMAS E. CALLAHAN
Co-President and Chief Executive Officer,
PKF Consulting, Inc.


Member: Audit Committee

Director since December 2008
Shares of common stock
beneficially owned by Mr. Callahan: 0
Age 53
 
Mr. Callahan was elected to the board of directors in November 2008. Mr. Callahan is currently Co-President and Chief Executive Officer of PKF Consulting, Inc. a national real estate advisory firm specializing in the hospitality industry, with responsibility for the overall operations and management of the company. Prior to forming PKF Consulting, Inc., in 1992, Mr. Callahan was Deputy Managing Partner of Pannell Kerr Forster, an international public accounting firm specializing in the hospitality industry.
   
MARTIN L. EDELMAN
Of Counsel,
Paul, Hastings, Janofsky & Walker LLP


Chairman: Nominating/Corporate
Governance
Committee

Member: Mezzanine Loan Investment
Executive Committee

Director since August 2003
Shares of common stock
beneficially owned by Mr. Edelman: 336,958**
Age 67
 
Mr. Edelman was elected to the board of directors in August 2003 and has served on our board since that time. Since 2000, Mr. Edelman has served as Of Counsel to Paul, Hastings, Janofsky & Walker LLP. From 1972 to 2000, he served as a partner at Battle Fowler LLP. Mr. Edelman has been a real estate advisor to Grove Investors and is a partner at Fisher Brothers, a real estate partnership. He is a director of Capital Trust, Inc and Avis/Budget Group, Inc.
   
W. MICHAEL MURPHY
Executive Vice President,
First Fidelity Mortgage Corporation


Chairman: Compensation Committee
Member: Audit and Nominating/Corporate
Governance Committees

Director since August 2003
Shares of common stock
beneficially owned by Mr. Murphy: 35,600
Age 63
  Mr. Murphy was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Murphy also serves as Executive Vice President of the First Fidelity Mortgage Corporation. From 1998 to 2002 Mr. Murphy served as the Senior Vice President and Chief Development Officer of ResortQuest International, Inc., a public, NYSE-listed company. Prior to joining ResortQuest, from 1995 to 1997, he was President of Footprints International, a company involved in the planning and development of environmentally friendly hotel properties. From 1994 to 1996, Mr. Murphy was a Senior Managing Director of Geller & Co., a Chicago-based hotel advisory and asset management firm. Mr. Murphy has twice been Co-Chairman of IREFAC.
 
 
 
**  Includes common units of our operating partnership, which are redeemable for cash or, at our option, convertible on a one-for-one basis into shares of our common stock
 

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PHILIP S. PAYNE
Chief Executive Officer,
Babcock & Brown Residential LLC


Chairman: Audit Committee
Member: Compensation Committee

Director since August, 2003
Shares of common stock
beneficially owned by Mr. Payne: 23,600
Age 57
  Mr. Payne was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Payne is currently the Chief Executive Officer of Babcock & Brown Residential LLC, a role he assumed in February 2007, when BNP Residential Properties, Inc., an AMEX-listed real estate investment trust of which Mr. Payne was Chairman, went private. Mr. Payne joined BNP Residential in 1990 as Vice President Capital Market Activities and became Executive Vice President and Chief Financial Officer in January 1993. He was named Treasurer in April 1995, a director in December 1997, and was elected Chairman in 2004. Mr. Payne maintains a license to practice law in Virginia. He is a member of the board of directors and chairman of the audit committee for Meruelo Maddux Properties, Inc., a NASDAQ Global Markets listed company that focuses on residential, industrial and commercial development in southern California.
 
Nominees for Director
 
     
ARCHIE BENNETT, JR.
Chairman of the Board,
Ashford Hospitality Trust, Inc.


Member: Mezzanine Loan Investment Executive Committee

Director since May, 2003
Shares of common stock
beneficially owned: 4,730,442*
Age 70
 
Mr. Archie Bennett, Jr. was elected to the board of directors in May 2003 and has served as the Chairman of the board of directors since that time. He has served as the chairman of the board of directors of Remington Hotel Corporation since its formation in 1992 and continues to do so. Mr. Bennett started in the hotel industry in 1968. Since that time, he has been involved with hundreds of hotel properties. Mr. Bennett was a founding member of the Industry Real Estate Finance Advisory Council (“IREFAC”) of the American Hotel & Motel Association and served as its chairman for two separate terms.
   
     
MONTGOMERY J. BENNETT
President and Chief Executive Officer,
Ashford Hospitality Trust, Inc.


Member: Mezzanine Loan Investment Executive Committee

Director since May, 2003
Shares of common stock
beneficially owned: 4,567,082*
Age 42
  Mr. Montgomery Bennett was elected to the board of directors in May 2003 and has served as the President and Chief Executive Officer since that time. Mr. Bennett also serves as the Chief Executive Officer of Remington Hotel Corporation. Mr. Bennett joined Remington Hotel Corporation in 1992 and has served in several key positions, such as President, Executive Vice President, Director of Information Systems, General Manager and Operations Director. Mr. Montgomery Bennett is the son of Mr. Archie Bennett, Jr.
 
 
 
Includes common units of our operating partnership, which are redeemable for cash or, at our option, convertible on a one-for-one basis into shares of our common stock.
 


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MARTIN L. EDELMAN
Of Counsel,
Paul, Hastings, Janofsky & Walker LLP

Chairman: Nominating/Corporate
Governance
Committee

Member: Mezzanine Loan Investment Executive Committee

Director since August, 2003
Shares of common stock beneficially
owned by Mr. Edelman: 113,111*
Age 66
 
Mr. Edelman was elected to the board of directors in August 2003 and has served on our board since that time. Since 2000, Mr. Edelman has served as Of Counsel to Paul, Hastings, Janofsky & Walker LLP. From 1972 to 2000, he served as a partner at Battle Fowler LLP. Mr. Edelman has been a real estate advisor to Grove Investors and is a partner at Fisher Brothers, a real estate partnership. He is a director of Capital Trust, Inc and Avis/Budget Group, Inc.
     
   
     
W.D. MINAMI
President,
Billy Casper Golf LLC

Member: Audit Committee

Director since August, 2003
Shares of common stock
beneficially owned: 22,200
Age 51
 
Mr. Minami was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Minami also serves as President of Billy Casper LLC. From 2001 until 2002, Mr. Minami served as President of Charles E. Smith Residential division of Archstone-Smith. From 1997 to 2001, Mr. Minami worked for Charles E. Smith Residential Realty Inc., a NYSE-listed real estate investment trust, initially as Chief Financial Officer, then as Chief Operating Officer, and beginning in 2001, as President. Prior to 1997, Mr. Minami served in various financial service capacities for numerous entities, including Ascent Entertainment Group, Comsat Corporation, Oxford Realty Services Corporation and Satellite Business Systems. Mr. Minami also serves on the board of directors of NorthStar Realty Finance Corp., a NYSE-listed publicly traded REIT.
   
     
W. MICHAEL MURPHY
Executive Vice President,
First Fidelity Mortgage Corporation

Chairman: Compensation Committee
Member: Audit and Nominating/Corporate
Governance Committees

Director since August, 2003
Shares of common stock
beneficially owned: 22,400
Age 62
  Mr. Murphy was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Murphy also serves as Executive Vice President of the First Fidelity Mortgage Corporation. From 1998 to 2002 Mr. Murphy served as the Senior Vice President and Chief Development Officer of ResortQuest International, Inc., a public, NYSE-listed company. Prior to joining ResortQuest, from 1995 to 1997, he was President of Footprints International, a company involved in the planning and development of environmentally friendly hotel properties. From 1994 to 1996, Mr. Murphy was a Senior Managing Director of Geller & Co., a Chicago-based hotel advisory and asset management firm. Mr. Murphy has twice been Co-Chairman of IREFAC.
 
 
 
Includes common units of our operating partnership, which are redeemable for cash or, at our option, convertible on a one-for-one basis into shares of our common stock.
 

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PHILIP S. PAYNE
Chief Executive Officer,
Babcock & Brown Residential LLC

Chairman: Audit Committee
Member: Compensation Committee

Director since August, 2003
Shares of common stock
beneficially owned: 20,400
Age 56
 
Mr. Payne was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Payne is currently the Chief Executive Officer of Babcock & Brown Residential LLC, a role he assumed in February 2007, when BNP Residential Properties, Inc., an AMEX-listed real estate investment trust of which Mr. Payne was Chairman, went private. Mr. Payne joined BNP Residential in 1990 as Vice President Capital Market Activities and became Executive Vice President and Chief Financial Officer in January 1993. He was named Treasurer in April 1995, a director in December 1997, and was elected Chairman in 2004. Mr. Payne maintains a license to practice law in Virginia. He is a member of the board of directors and chairman of the audit committee for Meruelo Maddux Properties, Inc., a NASDAQ Global Markets listed company that focuses on residential, industrial and commercial development in southern California.
   
CHARLES P. TOPPINO
President,
Five Tops, Inc.

Member: Compensation Committee and
Mezzanine Loan Investment Executive Committee

Director since August, 2003
Shares of common stock
beneficially owned: 30,500
Age 49
  Mr. Toppino was elected to the board of directors in August 2003 and has served on our board since that time. As of May 2007, Mr. Toppino left Eastdil Secured to become president of Five Tops Inc., a privately held real estate investment firm located in Los Angeles, California. Prior to that, Mr. Toppino was a Senior Managing Director at Eastdil Secured, which is a real estate investment bank that is a wholly owned subsidiary of Wells Fargo & Company. Mr. Toppino led Eastdil Secured’s loan sale business and also helped in coordinating other lines of business including investment property sales and debt and equity financings for commercial real estate and hospitality properties. Mr. Toppino also served on Eastdil Secured’s Management Committee. Eastdil Secured is the successor entity via acquisition of Secured Capital Corp., a company Mr. Toppino and others founded in 1990 and where he served as the Executive Vice President and principal. Mr. Toppino is also a director of Secured Capital Japan Co. Ltd., which is a corporation incorporated under the law of Japan and a public company that trades on the Tokyo Stock Exchange. Secured Capital Japan is an investment manager and asset manager of Japanese commercial real estate properties and Japanese loan portfolios.
 
Nominees for Director
 
     
ARCHIE BENNETT, JR.
Chairman of the Board,
Ashford Hospitality Trust, Inc.


Director since May, 2003
Shares of common stock
beneficially owned: 4,162,223*
Age 69
 
Mr. Archie Bennett, Jr. was elected to the board of directors in May 2003 and has served as the Chairman of the board of directors since that time. He has served as the chairman of the board of directors of Remington Hotel Corporation since its formation in 1992 and continues to do so. Mr. Bennett started in the hotel industry in 1968. Since that time, he has been involved with hundreds of hotel properties. Mr. Bennett was a founding member of the Industry Real Estate Finance Advisory Council (“IREFAC”) of the American Hotel & Motel Association and served as its chairman for two separate terms.
   
MONTGOMERY J. BENNETT
President and Chief Executive Officer,
Ashford Hospitality Trust, Inc.


Director since May, 2003
Shares of common stock
beneficially owned: 4,162,223*
Age 41
 
Mr. Montgomery Bennett was elected to the board of directors in May 2003 and has served as the President and Chief Executive Officer since that time. Mr. Bennett also serves as the President and Chief Executive Officer of Remington Hotel Corporation. Mr. Bennett joined Remington Hotel Corporation in 1992 and has served as its President since 1997. He has also served in several other key positions at Remington Hotel Corporation, such as Executive Vice President, Director of Information Systems, General Manager and Operations Director. Mr. Montgomery Bennett is the son of Mr. Archie Bennett, Jr.
   
MARTIN L. EDELMAN
Of Counsel,
Paul, Hastings, Janofsky & Walker LLP

Chairman: Nominating/Corporate Governance
Committee

Director since August, 2003
Shares of common stock beneficially
owned by Mr. Edelman or members
of his family: 330,558*
Age 65
  Mr. Edelman was elected to the board of directors in August 2003 and has served on our board since that time. Since 2000, Mr. Edelman has served as Of Counsel to Paul, Hastings, Janofsky & Walker LLP. From 1972 to 2000, he served as a partner at Battle Fowler LLP. Mr. Edelman has been a real estate advisor to Grove Investors and is a partner at Fisher Brothers, a real estate partnership. He is a director of Realogy Corporation and Avis/Budget Group, Inc.
 
 
 
* Includes common units of our operating partnership, which are redeemable for cash or, at our option, convertible on a one-for-one basis into shares of our common stock.
 


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W.D. MINAMI
President,
Billy Casper Golf LLC


Member: Audit Committee

Director since August, 2003
Shares of common stock
beneficially owned: 15,000
Age 50
 
Mr. Minami was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Minami also serves as President of Billy Casper LLC. From 2001 until 2002, Mr. Minami served as President of Charles E. Smith Residential division of Archstone-Smith. From 1997 to 2001, Mr. Minami worked for Charles E. Smith Residential Realty Inc., a NYSE-listed real estate investment trust, initially as Chief Financial Officer, then as Chief Operating Officer, and beginning in 2001, as President. Prior to 1997, Mr. Minami served in various financial service capacities for numerous entities, including Ascent Entertainment Group, Comsat Corporation, Oxford Realty Services Corporation and Satellite Business Systems. Mr. Minami also serves on the board of directors of NorthStar Realty Finance Corp., a NYSE-listed publicly traded REIT.
   
W. MICHAEL MURPHY
Executive Vice President,
First Fidelity Mortgage Corporation


Chairman: Compensation Committee
Member: Audit and Nominating/Corporate
Governance Committee

Director since August, 2003
Shares of common stock
beneficially owned: 14,200
Age 61
  Mr. Murphy was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Murphy also serves as Executive Vice President of the First Fidelity Mortgage Corporation. From 1998 to 2002 Mr. Murphy served as the Senior Vice President and Chief Development Officer of ResortQuest International, Inc., a public, NYSE-listed company. Prior to joining ResortQuest, from 1995 to 1997, he was President of Footprints International, a company involved in the planning and development of environmentally friendly hotel properties. From 1994 to 1996, Mr. Murphy was a Senior Managing Director of Geller & Co., a Chicago-based hotel advisory and asset management firm. Mr. Murphy has twice been Co-Chairman of IREFAC.
 
     
   
PHILIP S. PAYNE
Chief Executive Officer,
Babcock & Brown Residential LLC

Chairman: Audit Committee
Member: Compensation Committee

Director since August, 2003
Shares of common stock
beneficially owned: 17,200
Age 55
 
Mr. Payne was elected to the board of directors in August 2003 and has served on our board since that time. Mr. Payne is currently the Chief Executive Officer of Babcock & Brown Residential LLC, a role he assumed in February 2007, when BNP Residential Properties, Inc., an AMEX-listed real estate investment trust of which Mr. Payne was Chairman, went private. Mr. Payne joined BNP Residential in 1990 as Vice President Capital Market Activities and became Executive Vice President and Chief Financial Officer in January 1993. He was named Treasurer in April 1995, a director in December 1997, and was elected Chairman in 2004. Mr. Payne maintains a license to practice law in Virginia. He is a member of the board of directors and chairman of the audit committee for Meruelo Maddux Properties, Inc., a NASDAQ Global Markets listed company that focuses on residential, industrial and commercial development in southern California.

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CHARLES P. TOPPINO
Senior Managing Director,
Eastdil Secured.

Member: Compensation Committee

Director since August, 2003
Shares of common stock
beneficially owned: 17,300
Age 48
  Mr. Toppino was elected to the board of directors in August 2003 and has served on our board since that time. As of 2006, Mr. Toppino is a Senior Managing Director at Eastdil Secured which is a real estate investment bank that is a wholly owned subsidiary of Wells Fargo & Company. Mr. Toppino leads Eastdil Secured’s loan sale business and also helps in coordinating that line of business with other lines of business which include investment property sales and debt and equity financings for commercial real estate and hospitality properties. Mr. Toppino also serves on Eastdil Secured’s Management Committee. Eastdil Secured is the successor entity via acquisition of Secured Capital Corp., a company Mr. Toppino and others founded in 1990 and where he served as the Executive Vice President and principal. Mr. Toppino is also a director of Secured Capital Japan Co. Ltd., which is a corporation incorporated under the law of Japan and a public company that trades on the Tokyo Stock Exchange. Secured Capital Japan is an investment manager and asset manager of Japanese commercial real estate properties and Japanese loan portfolios.
 

"Nominees for Director" elsewhere:

Kilroy Realty (KRC)
Host Hotels & Resorts (HST)
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