RYMAN HOSPITALITY PROPERTIES, INC. (NYSE:RHP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On November30, 2017, the members of the Board of Directors (the “Board”) of Ryman Hospitality Properties, Inc., a Delaware corporation (the “Company”), appointed Fazal Merchant to fill the vacancy previously created by the resignation of William F. Hagerty, IV as a director on July21, 2017. The Board has determined that Mr.Merchant qualifies as an independent director within the meaning of the New York Stock Exchange listing standards. Mr.Merchant has been named to the Audit Committee of the Board. Mr.Merchant will hold office until the Company’s 2018 annual meeting of stockholders, at which time he will be considered for election for a one year term expiring in 2019.
Mr.Merchant’s compensation for his services as director will be consistent with that of the Company’s other non-employee directors, as described in Exhibit 10.28 to the Company’s 2016 Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February28, 2017. Other than the foregoing standard compensation arrangements, there are no other arrangements or understandings between Mr.Merchant and any other person to which he was appointed as a director. Mr.Merchant is not a party to any transaction with the Company that would require disclosure under Item404(a) of Regulation S-K.
A copy of the press release announcing Mr.Merchant’s appointment to the Board is attached asExhibit 99.1to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 5.02. | FINANCIAL STATEMENTS AND EXHIBITS. |
Ryman Hospitality Properties, Inc. ExhibitEX-99.1 2 d447995dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FAZAL MERCHANT JOINS RYMAN HOSPITALITY PROPERTIES,…To view the full exhibit click here
