Xenia Hotels & Resorts Management

Management criteria checks 3/4

Xenia Hotels & Resorts' CEO is Marcel Verbaas, appointed in Jan 2007, has a tenure of 17.83 years. total yearly compensation is $7.26M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth €3.97M. The average tenure of the management team and the board of directors is 8.6 years and 9.8 years respectively.

Key information

Marcel Verbaas

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage	12.4%
CEO tenure	17.8yrs
CEO ownership	0.3%
Management average tenure	8.6yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marcel Verbaas's remuneration changed compared to Xenia Hotels & Resorts's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$24m
Jun 30 2024	n/a	n/a	US$23m
Mar 31 2024	n/a	n/a	US$21m
Dec 31 2023	US$7m	US$900k	US$19m
Sep 30 2023	n/a	n/a	US$47m
Jun 30 2023	n/a	n/a	US$53m
Mar 31 2023	n/a	n/a	US$67m
Dec 31 2022	US$7m	US$900k	US$56m
Sep 30 2022	n/a	n/a	-US$2m
Jun 30 2022	n/a	n/a	-US$23m
Mar 31 2022	n/a	n/a	-US$92m
Dec 31 2021	US$7m	US$900k	-US$144m
Sep 30 2021	n/a	n/a	-US$96m
Jun 30 2021	n/a	n/a	-US$126m
Mar 31 2021	n/a	n/a	-US$184m
Dec 31 2020	US$6m	US$900k	-US$163m
Sep 30 2020	n/a	n/a	-US$172m
Jun 30 2020	n/a	n/a	-US$110m
Mar 31 2020	n/a	n/a	US$2m
Dec 31 2019	US$6m	US$800k	US$55m
Sep 30 2019	n/a	n/a	US$139m
Jun 30 2019	n/a	n/a	US$138m
Mar 31 2019	n/a	n/a	US$154m
Dec 31 2018	US$5m	US$800k	US$193m
Sep 30 2018	n/a	n/a	US$103m
Jun 30 2018	n/a	n/a	US$105m
Mar 31 2018	n/a	n/a	US$146m
Dec 31 2017	US$6m	US$800k	US$98m

Compensation vs Market: Marcel's total compensation ($USD7.26M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Marcel's compensation has been consistent with company performance over the past year.

CEO

Marcel Verbaas (54 yo)

17.8yrs

Tenure

US$7,264,099

Compensation

Mr. Marcel Verbaas serves as Chairman and Chief Executive Officer of Xenia Hotels & Resorts, Inc. since November 02, 2017 and 2007 respectively. Mr. Verbaas served as President of Xenia Hotels & Resorts, I...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marcel Verbaas	Chairman of the Board & CEO	17.8yrs	US$7.26m	0.26% € 4.0m
Barry A. Bloom	President & COO	11.3yrs	US$3.70m	0.21% € 3.2m
Atish Shah	Executive VP	8.6yrs	US$2.93m	0.32% € 4.8m
Joseph Johnson	Senior VP & Chief Accounting Officer	9.5yrs	US$1.48m	0.089% € 1.3m
Taylor Kessel	Senior VP	9.8yrs	US$2.05m	0.029% € 441.7k
Shamir Kanji	Senior VP & Chief Investment Officer	3.8yrs	no data	no data
Arsheena Khan	Vice President of Human Resources	3.3yrs	no data	no data
Thomas Brennan	Senior Vice President of Asset Management	8.7yrs	no data	no data
Ashley Peeper	Senior Vice President of Financial Reporting & Tax	1.8yrs	no data	no data
Wade Fischer	Senior Vice President of Project Management	2.8yrs	no data	no data
Cameron Frosch	Senior Analyst - Finance	no data	no data	no data

8.6yrs

Average Tenure

51yo

Average Age

Experienced Management: 0XHR's management team is seasoned and experienced (8.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marcel Verbaas	Chairman of the Board & CEO	10.3yrs	US$7.26m	0.26% € 4.0m
Dennis Oklak	Independent Lead Director	9.8yrs	US$227.51k	0.0036% € 53.7k
Thomas Gartland	Independent Director	9.8yrs	US$195.01k	0.011% € 159.8k
Beverly Goulet	Independent Director	9.8yrs	US$195.01k	0.0036% € 53.7k
Keith Bass	Independent Director	9.8yrs	US$185.01k	0.010% € 156.8k
Mary Elizabeth McCormick	Independent Director	9.8yrs	US$200.01k	0.0081% € 121.4k
Terrence Moorehead	Independent Director	3.5yrs	US$195.01k	0.0050% € 75.7k
Arlene Isaacs-Lowe	Independent Non-Executive Director	2.7yrs	US$192.51k	0.00044% € 6.6k

9.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 0XHR's board of directors are considered experienced (9.8 years average tenure).

Xenia Hotels & Resorts Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Xenia Hotels & Resorts, Inc., Annual General Meeting, May 14, 2024

Insufficient new directors

Chairman of the Board & CEO recently sold €1.2m worth of stock

Senior VP recently sold €178k worth of stock

Senior VP & Chief Accounting Officer recently sold €585k worth of stock

Recent updates

Xenia Hotels & Resorts Declares Dividend for the Fourth Quarter of 2024, Payable on January 15, 2025

Third quarter 2024 earnings released: FFO per share: US$0.2 (vs US$0.22 in 3Q 2023)

Xenia Hotels & Resorts, Inc. Revises Earnings Guidance for the Year 2024

Second quarter dividend of US$0.12 announced

Xenia Hotels & Resorts Declares Cash Dividend for Third Quarter of 2024, Payable on October 15, 2024

Xenia Hotels & Resorts, Inc. to Report Q3, 2024 Results on Nov 06, 2024

New minor risk - Earnings quality

Xenia Hotels & Resorts, Inc. Updates Earnings Guidance for the Full Year 2024

An undisclosed buyer acquired The Lorien Hotel & Spa from Xenia Hotels & Resorts, Inc. (NYSE:XHR) for $29.9 million.

Xenia Hotels & Resorts, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Insufficient new directors

First quarter dividend of US$0.12 announced

Xenia Hotels & Resorts, Inc. Declares Dividend for Second Quarter 2024, Payable on July 15, 2024

First quarter 2024 earnings released: EPS: US$0.084 (vs US$0.056 in 1Q 2023)

Xenia Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2024

Xenia Hotels & Resorts, Inc. to Report Q1, 2024 Results on May 02, 2024

Upcoming dividend of US$0.12 per share

Now 21% undervalued

Fourth quarter dividend of US$0.12 announced

Xenia Hotels & Resorts, Inc. Increases Quarterly Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024

Xenia Hotels & Resorts, Inc. Increases Quarterly Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024

New minor risk - Profit margin trend

Xenia Hotels & Resorts, Inc., Annual General Meeting, May 14, 2024

Xenia Hotels & Resorts, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Upcoming dividend of US$0.10 per share at 3.0% yield

Xenia Hotels & Resorts, Inc. Updates Full Year 2023 Guidance

Third quarter 2023 earnings released: US$0.08 loss per share (vs US$0.016 loss in 3Q 2022)

Upcoming dividend of US$0.10 per share at 3.4% yield

Xenia Hotels & Resorts, Inc. Announces Cash Dividend for the Third Quarter of 2023, Payable on October 13, 2023

Xenia Hotels & Resorts, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings released: FFO per share: US$0.4 (vs US$0.55 in 2Q 2022)

Xenia Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2023

Xenia Hotels & Resorts, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Upcoming dividend of US$0.10 per share at 3.3% yield

Xenia Hotels & Resorts, Inc Authorizes Cash Dividend on the Company's Common Stock for the Second Quarter 2023, Payable on July 14, 2023

Xenia Hotels & Resorts, Inc. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: FFO per share: US$0.4 (vs US$0.22 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.49 (vs US$1.26 loss in FY 2021)

Xenia Hotels & Resorts Declares Dividend for the First Quarter 2023, Payable on April 14, 2023

Xenia Hotels & Resorts, Inc. to Report Q4, 2022 Results on Mar 01, 2023

Upcoming dividend of US$0.10 per share

An unknown buyer completed the acquisition of Hotel Monaco Denver from Xenia Hotels & Resorts, Inc. (NYSE:XHR) for approximately $69.75 million.

Xenia Hotels & Resorts Declares Dividend for Fourth Quarter 2022 Payable on January 13, 2023

Third quarter 2022 earnings released: FFO per share: US$0.3 (vs US$0.088 in 3Q 2021)

Xenia Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2022

Vision Hospitality Group, Inc. acquired Bohemian Hotel Celebration from Xenia Hotels & Resorts, Inc. (NYSE:XHR) for $19.4 million.

Upcoming dividend of US$0.10 per share

Xenia Hotels & Resorts, Inc. Announces Quarterly Cash Dividend for the Third Quarter 2022, Payable on October 14, 2022

Xenia Hotels & Resorts, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Second quarter 2022 earnings released: EPS: US$0.24 (vs US$0.37 loss in 2Q 2021)

Xenia Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2022

Xenia Hotels & Resorts, Inc. to Report Q2, 2022 Results on Aug 03, 2022

First quarter 2022 earnings released: US$0.05 loss per share (vs US$0.49 loss in 1Q 2021)

Xenia Hotels & Resorts, Inc. to Report Q1, 2022 Results on May 03, 2022

Xenia Hotels & Resorts, Inc. (NYSE:XHR) completed the acquisition of W Nashville.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

An unknown buyer entered into an agreement to acquire Kimpton Hotel Monaco Chicago for $36 million.

Third quarter 2021 earnings released: FFO US$0.088 per share (vs US$0.066 loss in 3Q 2020)

Chairman of the Board & CEO recently sold €1.2m worth of stock

Xenia Hotels & Resorts, Inc. Reports Impairment Loss for the Second Quarter of 2021

Second quarter 2021 earnings released: FFO US$0.022 per share (vs US$0.54 loss in 2Q 2020)

Xenia Hotels & Resorts, Inc.(NYSE:XHR) dropped from Russell 2000 Value-Defensive Index

Senior VP recently sold €178k worth of stock

First quarter 2021 earnings released: US$0.49 loss per share (vs US$0.32 loss in 1Q 2020)

Senior VP & Chief Accounting Officer recently sold €585k worth of stock

Full year 2020 earnings released: US$0.75 FFO loss per share (vs US$2.11 profit in FY 2019)

Revenue beats expectations

New 90-day high: €14.00