Richard J. Stockton is the CEO of Braemar Hotels & Resorts, having taken on the role in November 2016. He holds a solid educational background with an MBA in Finance and Real Estate from The Wharton School at the University...

Number of Employees

0

Year

2022

Total Compensation

$1.03M

Salary

$0.00

Board Justification

The compensation philosophy aligns executive compensation with the performance of the company and the interests of stockholders, focusing on long-term incentives and performance-based awards.

Bonus

$0.00

Board Justification

No salary or bonus compensation is paid to executive officers; however, cash compensation is provided through equity-based awards and deferred cash awards.

Other

$422.56K

Board Justification

Other compensation includes payments under deferred cash awards granted in 2022, which provide for potential payments over three years.

Restricted Stock

$609.40K(103.03K common stock)

Board Justification

103,032 shares of common stock vested in 2022 as part of the performance stock units and LTIP awards granted in prior years.

Performance Metrics

Performance metrics for 2022 included revenue, adjusted EBITDA, liquidity levels, and strategic goals related to investor outreach and loan refinancing.

SEC Filing

From March 28, 2024

Richard J. Stockton

CEO of Braemar Hotels & Resorts

B

Education

Master’s of Business Administration degree in Finance and Real Estate from The Wharton School, University of Pennsylvania, and a Bachelor of Science degree from Cornell University, School of Hotel Administration

Field of Expertise

Real Estate & Construction - Real Estate

Born

January 1, 1970 - 55 years ago

Is Founder?

No

Current Tenure

8 years 2 months (Nov 2016 - Present)

Previous Experience

Global Chief Operating Officer for Real Estate at CarVal Investors