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Stock impact report

Sunstone Hotel Investors Names Board Chair Douglas M. Pasquale Interim Chief Executive Officer

Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. Common Shares (SHO) 
Last sunstone hotel investors, inc. sunstone hotel investors, inc. common shares earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: sunstonehotels.com
Company Research Source: PR Newswire
IRVINE, Calif., Sept. 2, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today announced the appointment of Douglas M. Pasquale, current Chairman of the Sunstone Board, as the Company's interim Chief Executive Officer, effective immediately. This appointment follows a mutual agreement to separate between the Board of Directors and John Arabia, who will leave his role as President & Chief Executive Officer and has resigned as a Director of the Company effective immediately. These actions were not related to any matter regarding the Company's financial condition, reported financial results, internal controls or disclosure controls and procedures. Mr. Pasquale is expected to serve until a successor is identified and will remain Chair of the Board of Directors. The Board will retain an executive search firm to assist in identifying a permanent CEO replacement. "I look for Show less Read more
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