Management ChangeOct 1, 2026, 04:21 PM
Pebblebrook Hotel Trust Appoints Bill Bayless to Board of Trustees
AI Summary
Pebblebrook Hotel Trust announced the appointment of Bill Bayless to its Board of Trustees, effective October 1, 2026. Mr. Bayless, a seasoned real estate operator and capital markets leader, brings extensive experience from his involvement in the student housing sector, including co-founding American Campus Communities. To facilitate his appointment, the size of the Board was increased to eight members. Mr. Bayless will receive compensation consistent with other independent trustees and was granted a one-time award of $50,000 in company shares, vesting over three years.
Key Highlights
- Bill Bayless appointed to the Board of Trustees, effective October 1, 2026.
- Bayless brings over 35 years of real estate experience, including co-founding American Campus Communities.
- Board size increased from seven to eight members to accommodate the new appointment.
- Bayless received a one-time award of $50,000 in common shares, vesting over three years.
- Bayless will receive standard fees for independent trustees, pro-rated from his joining date.
Price Impact
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