HOST HOTELS Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS.
Departure of Director
On February8, 2017, Mr.Terence Golden expressed his intention not
to stand for re-election to the Board of Directors of Host Hotels
Resorts, Inc. (the Company) at the 2017 Annual Meeting of
Stockholders of the Company and his term will therefore end at
the conclusion of the 2017 Annual Meeting. Mr.Goldens retirement
comes after over 20 years of distinguished service to the
Company. Mr. Golden served as President and Chief Executive
Officer from 1995 until his retirement in 2000 and he has also
been a director of the Company since 1995. Mr.Golden confirmed to
the Board that his determination to not stand for re-election is
not the result of any disagreement with the Company relating to
its operations, policies or practices. The Board also determined
that, effective at the conclusion of the 2017 Annual Meeting of
Stockholders, the size of the Board shall be decreased from ten
to nine directors.
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
|
Date: February13, 2017 |
HOST HOTELS RESORTS, INC. | |||||
| By: |
/s/ BRIAN G. MACNAMARA |
|||||
| Brian G. Macnamara | ||||||
| Senior Vice President and | ||||||
| Corporate Controller |
About HOST HOTELS & RESORTS, L.P. (NYSE:HST)
Host Hotels & Resorts, Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust. The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units). Its portfolio consists of luxury and upper upscale properties located in the central business districts of cities and near resort/conference destinations. In addition to its consolidated hotel portfolio, the Company also owns non-controlling interests in several entities and owned interest in approximately 20 hotel properties. The Company’s lodging portfolio consists of over 100 luxury and upper-upscale hotels containing approximately 57,000 rooms, with the majority located in the United States and with approximately 20 of the properties located outside of the United States, in Australia, Brazil, Canada, Chile, Mexico and New Zealand. HOST HOTELS & RESORTS, L.P. (NYSE:HST) Recent Trading Information
HOST HOTELS & RESORTS, L.P. (NYSE:HST) closed its last trading session up +0.19 at 18.55 with 5,676,607 shares trading hands.