BELMOND LTD. (NYSE:BEL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October16, 2017, Belmond Ltd. (the “Company”) promoted Ingrid Eras-Magdalena to the position of Executive Vice President, Global Human Resources, from that of Senior Vice President, Global Human Resources.
Ms.Eras-Magdalena, 52, joined the Company in 2014 from Starwood Hotels and Resorts, where she served as Vice President, People Development and Staffing for the Europe, African and Middle East division since 2006. Ms.Eras-Magdalena previously held various positions in the human resources department of Starwood’s Europe, African and Middle East division starting in 2000 and several years in operations with Starwood, Le Meridien and Forte Hotels in Europe.
As with the Company’s other executive officers, Ms.Eras-Magdalena is entitled to the Company’s customary officer severance and indemnification agreements as set forth in Exhibits 10.11 and 10.12 to the Company’s Form10-K for the year ended December31, 2016.