BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (NYSE:RLJ) today announced the election of Patricia Gibson as a new member to its Board of Trustees (the “Board”). Ms. Gibson’s appointment became effective August 31, 2017, upon the completion of the Company’s merger with FelCor Lodging Trust, Inc.
“We are very pleased to have Patricia join our board of trustees,” commented Ross H. Bierkan, President and Chief Executive Officer. “We are excited about the significant real estate and finance experience that Patricia brings to the board. As we continue to integrate our new portfolio, Patricia’s comprehensive background and familiarity with FelCor will be a tremendous asset.”
Ms. Gibson currently serves as Chief Executive Officer of Banner Oak Capital Partners, which she co-founded in October 2016. Banner Oak is an independent investment management firm with over $1 billion in net assets under management. Prior to this, Ms. Gibson was President of Hunt Realty Investments, Inc., or Hunt, the centralized real estate investment management company for the Hunt family and related entities. She joined Hunt as Senior Vice President in 1997. Ms. Gibson served as a trustee of FelCor since March 2016.
Ms. Gibson’s election increases the size of RLJ’s Board from seven to eight members.
About Us
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. The Company’s portfolio consists of 158 hotels with approximately 31,180 rooms located in 26 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
