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Board of Directors

Thomas J. Baltimore, Jr. – Chairman of the Board, President and Chief Executive Officer

Thomas J. Baltimore, Jr. serves as Chairman of the Board, President and Chief Executive Officer of Park Hotels & Resorts Inc. Mr. Baltimore served most recently as the President and Chief Executive Officer of RLJ Lodging Trust (NYSE: RLJ) and as a member of its board of trustees from RLJ’s formation in 2011 until May 11, 2016. Prior to that, Mr. Baltimore co-founded RLJ Development, RLJ’s predecessor entity, and served as its President from 2000 until 2011. Previously, Mr. Baltimore held senior positions with Hilton Hotels Corporation, Marriott Corporation and also Host Marriott Services Corporation. Mr. Baltimore currently serves on the boards of directors of Prudential Financial, Inc. (NYSE: PRU) and Duke Realty Corporation (NYSE: DRE). He is also a member of the National Association of Real Estate Investment Trusts (NAREIT) Executive Board where he currently serves as First Vice Chair. Mr. Baltimore received his Bachelor of Science degree from the McIntire School of Commerce, University of Virginia and his Master of Business Administration degree from the Colgate Darden School of Business, University of Virginia.

Patricia M. Bedient – Director

Patricia M. Bedient has most recently served as Executive Vice President for Weyerhaeuser Company (NYSE: WY), one of the world’s largest integrated forest products companies, from 2007 until her retirement in July 2016. Ms. Bedient also served Weyerhaeuser as Chief Financial Officer from 2007 until February 2016. Prior to that, Ms. Bedient held various senior positions with Weyerhaeuser since 2003. A certified public accountant since 1978, Ms. Bedient served as managing partner of the Seattle office of Arthur Andersen LLP prior to joining Weyerhaeuser. Ms. Bedient currently serves on the board of directors of Alaska Air Group, Inc. (NYSE: ALK), where she serves as the Lead Independent Director, and Suncor Energy Inc. (NYSE: SU). Ms. Bedient received her Bachelor of Science degree in Business Administration, with concentrations in Finance and Accounting from Oregon State University. She is a CPA and member of the American Institute of CPAs.

Gordon M. Bethune – Lead Independent Director

Gordon M. Bethune worked for Continental Airlines, Inc. from February 1994 until December 2004, serving as Chairman and Chief Executive Officer from 1996 until his retirement in December 2004. Prior to his tenure at Continental, Mr. Bethune held senior management positions with The Boeing Company (NYSE: BA), Piedmont Airlines, Inc., Western Airlines, Inc. and Braniff Airlines. Mr. Bethune currently serves on the board of directors of Sprint Corporation (NYSE: S) and served on the board of directors of Prudential Financial, Inc. (NYSE: PRU) from 2005 until May 2016, Honeywell International Inc. (NYSE: HON) from 1999 until April 2016, Willis Towers Watson PLC (NASDAQ: WLTW) from 2004 until 2008, Continental from 2000 until 2004 and Sysco Corporation (NYSE: SYY) from 1999 until 2000. Mr. Bethune received his Bachelor of Science degree from Abilene Christian University in Dallas, Texas.

Robert G. Harper – Director

Robert G. Harper Robert G. Harper currently serves as Head of U.S. Asset Management for the Blackstone real estate group. Since joining Blackstone in 2002, Mr. Harper has been involved in analyzing Blackstone’s real estate equity and debt investments in all property types. Mr. Harper has previously worked for Blackstone in Los Angeles and London, where he served as Head of Europe for the Blackstone Real Estate Debt Strategies business. Mr. Harper also currently serves as a director of ESH Hospitality, Inc. Prior to joining Blackstone in 2002, Mr. Harper worked for Morgan Stanley’s real estate private equity group in Los Angeles and San Francisco. Mr. Harper received a Bachelor of Science degree from the McIntire School of Commerce, University of Virginia.

Tyler S. Henritze – Director

Tyler S. Henritze has served as Senior Managing Director in the real estate group for The Blackstone Group L.P. since January 2013 and is currently the Co-head of U.S. Acquisitions for Blackstone. Prior to being named as Senior Managing Director at Blackstone, Mr. Henritze served as Managing Director from 2011 until 2012 and as Principal from 2009 until 2010. Since joining Blackstone in 2004, Mr. Henritze has been involved in over $75 billion of real estate investments across all property types. Before joining Blackstone in 2004, Mr. Henritze worked at Merrill Lynch in the real estate investment banking group. He currently serves on the board of directors of The Cosmopolitan of Las Vegas, Motel 6 and BRE Select Hotel Corp, and previously served on the board of directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) and La Quinta. Mr. Henritze received his Bachelor of Science degree in Commerce from the McIntire School of Commerce, University of Virginia. 

Christie B. Kelly – Director

Christie B. Kelly has served as Executive Vice President and Chief Financial Officer of Jones Lang LaSalle Incorporated (NYSE: JLL), a publicly traded financial and professional services firm specializing in real estate, since July 2013. Prior to her tenure at JLL, Ms. Kelly served as Executive Vice President and Chief Financial Officer of Duke Realty Corporation (NYSE: DRE) from 2009 until June 2013. From 2007 until she joined Duke in 2009, Ms. Kelly served as Senior Vice President, Global Real Estate at Lehman Brothers. Prior to that, Ms. Kelly served General Electric Company (NYSE: GE) from 1983 to 2007 in numerous finance and operational financial management positions worldwide. Ms. Kelly currently serves on the board of directors of Kite Realty Group Trust (NYSE: KRG). Ms. Kelly received her Bachelor of Arts degree in Economics from Bucknell University. She has been recognized as one of the Women of Influence by the Indianapolis Business Journal.

Sen. Joseph I. Lieberman – Director

Sen. Joseph I. Lieberman has served as Senior Counsel at Kasowitz, Benson, Torres & Friedman LLP since 2013. Prior to joining Kasowitz, Senator Lieberman, the Democratic Vice Presidential nominee in 2000, served 24 years in the U.S. Senate, retiring in January 2013 following the end of his fourth term. During his tenure with the U.S. Senate, Senator Lieberman served as the Chairman of the Committee on Homeland Security and Government Affairs and helped shape legislation for homeland security, foreign policy, fiscal policy, environmental protection, human rights, health care, trade, energy, cyber security and taxes. Prior to being elected to the U.S. Senate, Senator Lieberman served as the Attorney General of the State of Connecticut from 1983 until 1988. From 1970 until 1980, Senator Lieberman also served in the Connecticut State Senate, including three terms as majority leader. Senator Lieberman received his Bachelor of Arts degree in Political Science and Economics and his Juris Doctorate degree from Yale University.

Timothy J. Naughton – Director

Timothy J. Naughton currently serves as the Chairman, Chief Executive Officer and President of AvalonBay Communities, Inc. (NYSE: AVB). Mr. Naughton has served as Chairman of the Board of AvalonBay since May 2013, as Chief Executive Officer since January 2012, and as President since February 2005. Mr. Naughton joined AvalonBay’s predecessor entity in 1989 and has held various senior positions throughout his tenure with the company. Mr. Naughton currently serves on the board of directors of Welltower Inc. (NYSE: HCN), serves as an officer of the National Association of Real Estate Investment Trusts, is a member of The Real Estate Round Table, is a member and past chairman of the Multifamily Council of the Urban Land Institute and is a member of the National Multi-Housing Council, where he serves on the Executive Committee. Mr. Naughton received his Master of Business Administration from Harvard Business School and received his Bachelor of Arts degree in Economics with High Distinction from the University of Virginia, where he was elected Phi Beta Kappa.

Stephen I. Sadove – Director

Stephen I. Sadove has served as a founding partner of JW Levin Management Partners LLC since 2015 and as principal of Stephen Sadove and Associates since 2014. Mr. Sadove served as Chairman and Chief Executive Officer of Saks Incorporated from 2007 to 2013 and held key executive positions with the company since 2002. Prior to his tenure with Saks, Mr. Sadove served Bristol-Meyers Squibb Company (NYSE: BMY) from 1991 until 2001, as President, Clairol (1991 until 1996), as President, Worldwide Beauty Care (1996 until 1997), as President, Worldwide Beauty Care and Nutritionals (1997 until 1998) and as Senior Vice President of Bristol-Meyers Squibb and President, Worldwide Beauty Care (1997 until 2001). Mr. Sadove currently serves on the board of directors of Colgate-Palmolive Company (NYSE: CL), where he serves as the Lead Director; Ruby Tuesday, Inc. (NYSE: RT), where he serves as the Non-Executive Chairman and Lead Director of the Board; and Aramark (NYSE: ARMK). Mr. Sadove also served on the board of directors of J.C. Penney Company, Inc. (NYSE: JCP) until May 2016. Mr. Sadove received his Master of Business Administration degree with Distinction from Harvard Business School and received his Bachelor’s degree in Government from Hamilton College. He currently serves as the Chairman of the Board of Trustees of Hamilton College.