David R. Folsom
Board Member
Sotherly Hotels Inc. (SOHON)Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
About David R. Folsom
David R. Folsom is recorded as Board Member at Sotherly Hotels Inc. (SOHON). Sotherly Hotels Inc. reported in an 8-K filed February 18, 2026 that David R. Folsom resigned as President and Chief Executive Officer, effective February 12, 2026. The proxy statement of Sotherly Hotels Inc. reports total compensation of $815,069 for David R. Folsom in fiscal 2023, including a base salary of $537,595. Disclosed compensation is on record for 7 fiscal years.
“Mr. Folsom resigned as the President and Chief Executive Officer of the Company”
Summary generated from SEC filings and earnings-call records held by Equibles.
Affiliation history
Recorded current and former roles; source labels appear when available.
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Current
Start not stated–present
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2020-01-01–2026-02-12
Company network
Recorded roles and call appearances connecting this person to public companies.
Leadership on record at Sotherly Hotels Inc.
Other people whose current roles at this company are on record from its filings.
- David Folsom CEO, Board Member
- Zachary Schmidt CEO, Board Member
- Andrew M. Sims Chairman
- William (Ryan) Pellum CFO, Board Member
- Robert E. Kirkland IV General Counsel
- Anthony C. Zinni Board Member
- G. Scott Gibson IV Board Member
- Jay Schulte Board Member
- Maria L. Caldwell Board Member
- Walter S. Robertson III Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Sotherly Hotels Inc. (SOHON) | President and CEO | $537,595 | $815,069 |
| 2022 | Sotherly Hotels Inc. (SOHON) | President and CEO | $502,711 | $731,818 |
| 2021 | Sotherly Hotels Inc. (SOHON) | President and CEO | $480,285 | $732,552 |
| 2020 | Sotherly Hotels Inc. (SOHON) | President and CEO | $439,021 | $944,174 |
| 2019 | Sotherly Hotels Inc. (SOHON) | President and CEO | $408,517 | $606,892 |
| 2018 | Sotherly Hotels Inc. (SOHON) | President and CEO | $398,553 | $582,890 |
| 2017 | Sotherly Hotels Inc. (SOHON) | President and COO | $390,738 | $569,129 |
Recent activity
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.