EXTENDED STAY AMERICA, INC. (NYSE:STAY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

EXTENDED STAY AMERICA, INC. (NYSE:STAY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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On November27, 2017, Adam M. Burinescu resigned from the ESH Board, effective immediately. Mr.Burinescu’s resignation does not involve any disagreement with ESH REIT on any matter relating to the operations, policies or practices of ESH REIT.

Mr.Burinescu had been appointed to the ESH Board by certain shareholders affiliated with Centerbridge Partners, L.P. (the “Centerbridge Shareholders”), to the Stockholders’ Agreement, which entitled the Centerbridge Shareholders to designate candidates for election to the Board or the ESH Board, subject to certain ownership thresholds. The Stockholders’ Agreement terminated in accordance with its terms because the various shareholders party to the Stockholders’ Agreement no longer satisfy the applicable ownership thresholds.

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