ORLANDO, Fla., March 15, 2022 /PRNewswire/ — Xenia Resorts & Resorts, Inc. (NYSE: XHR) (“Xenia” or the “Company”) today declared the appointment of Ms. Arlene Isaacs-Lowe to its Board of Directors, helpful March 14, 2022. Ms. Isaacs-Lowe was also appointed as a member of the Nominating and Company Governance Committee efficient March 14, 2022. With the appointment, the Firm’s Board of Administrators improved to ten members, nine of whom are impartial, which includes Ms. Isaacs-Lowe. Ms. Isaacs-Lowe will stand for election as a Board-advisable nominee at the 2022 Yearly Meeting of Shareholders.
“On behalf of Xenia’s Board of Administrators and administration team, I am pleased to welcome Arlene to our Board,” commented Marcel Verbaas, Chairman and Chief Executive Officer of Xenia. “Arlene provides a prosperity of appropriate practical experience to the Board, and we seem ahead to her insights that we assume to add greatly to the continued accomplishment of the Business. Her know-how in ESG initiatives, threat management, credit history marketplaces and commercial authentic estate, coupled with her financial acumen and government management experience, will be of considerable worth to the Board as it sets and directs the Firm’s method in the years forward.”
Ms. Isaacs-Lowe presently serves as Particular Advisor to the govt leadership crew of Moody’s Company (NYSE: MCO)(“Moody’s”), an American enterprise and economical services business and service provider of financial examination software package and companies. She expects to keep on in this position until her prepared retirement from Moody’s in June 2022. Prior to her job as Exclusive Advisor, from April 2017 to June 2021, Ms. Isaacs-Lowe served as the World Head of Company Social Accountability (CSR) for Moody’s and President of Moody’s Basis. In that role, she championed the integration of environmental, social and governance (ESG) things to consider throughout Moody’s to align with stakeholder capitalism and as motorists of extensive-expression value. In the course of her tenure with Moody’s, Ms. Isaacs-Lowe also served as the chief of Moody’s Investor Provider Commercial Group’s marriage management workforce dependable for business enterprise growth and account administration efforts in Europe, the Middle East, and Africa. Prior to signing up for the Professional Group in 2010, Ms. Isaacs-Lowe was a lead credit history analyst in Moody’s Monetary Establishments Group for 12 several years. Prior to signing up for Moody’s, Ms. Isaacs-Lowe held positions with Equinox Realty Advisors, LLC, MetLife, and West Globe Holding, Inc.
Ms. Isaacs-Lowe currently serves as a non-government director on the board of Compass PLC, a FTSE100 firm and a top service provider of foods and aid providers globally. Ms. Isaacs-Lowe gained a diploma in accounting from Howard College and holds an MBA, summa cum laude, from Fordham College. She is a member of the New York Point out Modern society of CPAs, the New York Condition Society of Protection Analysts, and the CFA Institute.
About Xenia Inns & Resorts, Inc.
Xenia Motels & Resorts, Inc. is a self-suggested and self-administered REIT that invests in uniquely positioned luxurious and higher upscale hotels and resorts with a target on the top rated 25 lodging marketplaces as nicely as vital leisure locations in the United States. The Company owns 33 inns and resorts comprising 9,468 rooms across 13 states. Xenia’s lodges are in the luxurious and upper upscale segments, and are operated and/or licensed by industry leaders this sort of as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, and The Kessler Assortment. For much more information on Xenia’s organization, refer to the Company website at www.xeniareit.com.
This press release incorporates statements as to the Firm’s beliefs and anticipations of the outcome of upcoming occasions that are ahead-looking statements as outlined in the Personal Securities Litigation Reform Act of 1995 and within the indicating of Part 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Trade Act of 1934, as amended. You can recognize these statements by the point that they do not relate strictly to historic or current points. These forward-on the lookout statements are subject to risks and uncertainties that could induce true success to vary materially from the statements built. These hazards and uncertainties contain, but are not restricted to, the consequences of the COVID-19 pandemic, such as on the demand for travel, transient and group organization (which include, but not restricted to, authorities-imposed travel or conference restrictions), and stages of consumer assurance in the security of vacation as a final result of the pandemic the size of the COVID-19 pandemic and severity of these pandemic in the United States the rate of financial restoration and the recovering of purchaser confidence pursuing the COVID-19 pandemic our ability to put into action price-containment approaches the adverse effects of the COVID-19 pandemic on our business or the sector cost of our popular stock and our skill to provider, restructure or refinance our personal debt our capability to be in compliance with our credit card debt covenants our means to obtain money on satisfactory phrases or at all and uncertainty in equally the credit card debt and fairness cash marketplaces and the final result of authorized proceedings or other disputes. Other aspects that could induce benefits to vary are described in the filings built from time to time by the Business with the U.S. Securities and Trade Commission and involve the danger things and other challenges and uncertainties described in the Firm’s Once-a-year Report on Kind 10-K for the 12 months finished December 31, 2021, as up to date in its Quarterly Stories on Kind 10-Q and its Present Stories on Sort 8-K. Besides as demanded by law, the Corporation does not undertake, and hereby disclaims, any obligation to release publicly any revisions to ahead-searching statements manufactured by it to mirror activities or circumstances taking place after the date hereof or the prevalence of unanticipated gatherings.
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