Park Hotels & Resorts Inc 8-K, filed Oct 26, 2020
Park Hotels & Resorts Inc. (PK)
About this 8-K
Park Hotels & Resorts Inc filed this 8-K on October 26, 2020, reporting on events of October 23, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 23, 2020, the Board of Directors of Park Hotels & Resorts Inc. (the “Company”) appointed Nancy M. Vu as Senior Vice President, General Counsel and Secretary of the Company, effective immediately. As previously disclosed, Thomas C. Morey, who was appointed Executive Vice President and Chief Investment Officer of the Company in January 2020, would continue to serve as the Company’s General Counsel until his successor was appointed. Following Ms. Vu’s appointment, Mr. Morey continues to serve as Executive Vice President and Chief Investment Officer of the Company.
Ms. Vu has been employed by the Company since 2016. She served the Company as Assistant General Counsel, Real Estate from October 2016 until June 2018, Vice President & Assistant General Counsel, Real Estate from July 2018 until January 2020 and as Senior Vice President & Deputy General Counsel from January 2020 until her appointment as Senior Vice President, General Counsel and Secretary in October 2020. Prior to joining the Company, Ms. Vu served as Senior Director, Asset Management at Choice Hotels International, Inc. from 2014 to 2016. Ms. Vu served as Senior Counsel at RLJ Lodging Trust from 2013 to 2014 and as Senior Counsel at Choice Hotels International, Inc. from 2010 to 2013. Ms. Vu received her Bachelor of Science degree from Georgetown University and her Juris Doctor degree from the University of San Diego.
A copy of the press release with respect to the announcement is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Description |
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99.1 |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Park Hotels & Resorts Inc. |
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Date: October 26, 2020 |
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By: |
/s/ Sean M. Dell’Orto |
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Sean M. Dell’Orto |
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Executive Vice President and Chief Financial Officer |
Exhibit 99.1
PARK HOTELS & RESORTS INC. ANNOUNCES APPOINTMENT OF NANCY M. VU AS SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
Tysons, VA – (BUSINESS WIRE) – October 23, 2020 – Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced the appointment of Nancy M. Vu as Senior Vice President, General Counsel and Secretary, effective October 23, 2020. Prior to her appointment, Ms. Vu has served as Senior Vice President & Deputy General Counsel since January 2020. In her new role at Park, she will serve as Park’s chief legal officer and lead the Company’s legal department.
“I am thrilled to welcome Nancy into Park’s executive leadership team,” said Thomas J. Baltimore, Jr., Park’s Chairman and CEO. “Nancy brings immense focus, energy and legal and business experience to her new position as our Senior Vice President and General Counsel. Since she joined Park, she has played a key role in many of the Company’s significant transactions and initiatives. Nancy is very deserving of this promotion and I am confident she will continue to make significant contributions to Park in the months and years ahead.”
Ms. Vu joined Park in 2016 as Assistant General Counsel in connection with the Company’s spin-off from Hilton and was promoted to Vice President in 2018. Prior to joining Park, Ms. Vu worked at Choice Hotels International and RLJ Lodging Trust. Ms. Vu earned her juris doctor degree from the University of San Diego Law School and her bachelor’s degree from Georgetown University.
Ms. Vu succeeds Thomas C. Morey as General Counsel. Mr. Morey was appointed as Executive Vice President and Chief Investment Officer of Park earlier this year.
About Park
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park’s portfolio currently consists of 60 premium- branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations. Visit www.pkhotelsandresorts.com for more information.
For more information, contact:
Ian Weissman
Senior Vice President, Corporate Strategy 571-302-5591
iweissman@pkhotelsandresorts.com