RLJ Lodging ( (RLJ) ) has shared an update.
Sean Mahoney, the Executive Vice President and Chief Financial Officer of RLJ Lodging Trust, announced his retirement effective May 2025, after seven years with the company and over 30 years in the hospitality REIT industry. His departure is not due to any disagreement with the company, and he will assist in the transition process until his retirement. RLJ Lodging Trust has initiated a succession process to find his replacement, ensuring continued stability and strategic positioning in the industry.
More about RLJ Lodging
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns premium-branded, rooms-oriented, high-margin, urban-centric hotels. Their properties are located in major urban markets, catering to business, leisure, and other travelers.
YTD Price Performance: -10.13%
Average Trading Volume: 1,767,633
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.35B
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