CHATHAM LODGING TRUST (NYSE:CLDT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 7.01Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 21, 2018, the board of trustees (the “Board of Trustees”) of Chatham Lodging Trust (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee, appointed Mary Beth Higgins as a trustee of the Company, effective immediately.

Ms. Higgins currently serves as the interim Chief Financial Officer (“CFO”) and Chief Operating Officer of Affinity Gaming Inc., a nine casino multi-jurisdictional gaming company. In her current roles, she is responsible for the day to day operations of the casinos as well as all aspects of the Company’s accounting, finance and investor relation functions. Before joining Affinity, she served from 2017-2018 as CFO of VICI Properties, a REIT spin off from Caesars Entertainment, and prior to that as CFO for Caesars Entertainment Operating Company from 2014-2017. For the 17 years prior to that, Ms. Higgins served as CFO at companies such as Global Cash Access Holdings, Inc., Herbst Gaming, Inc., and Camco, Inc.

Ms. Higgins will serve as a trustee of the Company until the Company’s 2019 annual meeting of shareholders and until her successor is duly elected and qualified or until her resignation or removal.

Ms.Higgins will receive a one-time initial grant of 5,000 restricted common shares and will also receive compensation paid to the other members of the Board of Trustees and Board committee chairpersons.

Item 7.01Regulation FD Disclosure.

On December 26, 2018, the Company issued a press release announcing the appointment of Ms.Higgins to the Board of Trustees. A copy of the press release is furnished as Exhibit99.1 to this Current Report on Form8-K and is incorporated herein solely for purposes of this Item 7.01 disclosure.

The information included in this Current Report on Form8-K under this Item 7.01 shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 7.01Financial Statements and Exhibits.

(d) The following exhibits are filed as part of this report:

Chatham Lodging Trust Exhibit
EX-99.1 2 cldt-higginspressrelease.htm EXHIBIT 99.1 Exhibit For Immediate ReleaseExhibit 99.1Contact: Dennis Craven (Company) Chief Operating Officer (561) 227-1386 Chatham Lodging Appoints Mary Beth Higgins to Board of Trustees WEST PALM BEACH,…
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About CHATHAM LODGING TRUST (NYSE:CLDT)

Chatham Lodging Trust is a real estate investment trust (REIT) organized to invest primarily in premium-branded upscale extended-stay and select-service hotels. The Company’s assets are held by, and all of its operations are conducted through Chatham Lodging, L.P (Operating Partnership). The Operating Partnership and its subsidiaries lease the Company’s hotels. It owns approximately 40 hotels with over 5,680 (unaudited) rooms. Its hotels include upscale extended-stay hotels that operate under the Residence Inn by Marriott brand (over 10 hotels) and Homewood Suites by Hilton brand (approximately nine hotels), as well as premium-branded select-service hotels that operate under the Courtyard by Marriott brand (over four hotels), the Hampton Inn or Hampton Inn and Suites by Hilton brand (over three hotels), the SpringHill Suites by Marriott brand (approximately two hotels), the Hilton Garden Inn by Hilton brand (over two hotels) and the Hyatt Place brand (approximately two hotels).