DiamondRock Hospitality Management
Management criteria checks 3/4
DiamondRock Hospitality's CEO is Jeff Donnelly, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is $2.06M, comprised of 24.8% salary and 75.2% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $4.69M. The average tenure of the management team and the board of directors is 1.5 years and 6.9 years respectively.
Key information
Jeff Donnelly
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 24.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.3% |
| Management average tenure | 1.5yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
DiamondRock Hospitality: Wait For A Dip In The 8.25% Preferred Shares
Oct 20DiamondRock Hospitality: Solid Q2 Performance, Strategic Share Repurchases Signal Long-Term Potential
Aug 08DiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 Months
Feb 01DiamondRock Hospitality: Undervalued Thanks To Room Pricing Strategies And Hotel Enhancements
Aug 16DiamondRock Hospitality FFO of $0.23 beats by $0.02, revenue of $255.1M beats by $3.56M
Feb 21DiamondRock Hospitality prelim Q4 comparable revenue up 23% on strong travel demand
Jan 11DiamondRock Hospitality: Low LTV Ratio Makes 7.6% Yielding Preferreds Appealing
Dec 28DiamondRock Hospitality declares $0.03 dividend
Dec 07DiamondRock Hospitality FFO of $0.28 beats by $0.02, revenue of $268.21M beats by $9.11M
Nov 03DiamondRock Hospitality announces $200M buyback plan
Sep 30DiamondRock Hospitality: An 8.8% Yield To Call With The Preferred Shares
Sep 24DiamondRock Hospitality dips dividend -76% to $0.03/shares
Sep 01DiamondRock Hospitality appoints Justin Leonard as EVP and COO
Jul 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$60m |
| Jun 30 2024 | n/a | n/a | US$61m |
| Mar 31 2024 | n/a | n/a | US$76m |
| Dec 31 2023 | US$2m | US$512k | US$77m |
| Sep 30 2023 | n/a | n/a | US$84m |
| Jun 30 2023 | n/a | n/a | US$85m |
| Mar 31 2023 | n/a | n/a | US$99m |
| Dec 31 2022 | US$2m | US$492k | US$100m |
| Sep 30 2022 | n/a | n/a | US$78m |
| Jun 30 2022 | n/a | n/a | US$48m |
| Mar 31 2022 | n/a | n/a | -US$24m |
| Dec 31 2021 | US$3m | US$464k | -US$204m |
| Sep 30 2021 | n/a | n/a | -US$409m |
| Jun 30 2021 | n/a | n/a | -US$485m |
| Mar 31 2021 | n/a | n/a | -US$536m |
| Dec 31 2020 | US$2m | US$464k | -US$398m |
| Sep 30 2020 | n/a | n/a | -US$54m |
| Jun 30 2020 | n/a | n/a | US$38m |
| Mar 31 2020 | n/a | n/a | US$140m |
| Dec 31 2019 | US$1m | US$167k | US$183m |
Compensation vs Market: Jeff's total compensation ($USD2.06M) is below average for companies of similar size in the US market ($USD5.35M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Donnelly (53 yo)
less than a year
Tenure
US$2,059,994
Compensation
Mr. Jeffrey John Donnelly, also known as Jeff, CFA, had been Executive Vice President and Chief Financial Officer of DiamondRock Hospitality Company since August 19, 2019 until April 15, 2024, serves as it...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$2.06m | 0.25% $ 4.7m | |
| Executive VP of Asset Management | 2.3yrs | US$1.86m | 0.016% $ 301.9k | |
| Executive VP | 6.7yrs | no data | 0.13% $ 2.5m | |
| Chief Accounting Officer | less than a year | no data | 0.0083% $ 154.9k | |
| Senior VP | less than a year | no data | 0.0091% $ 170.2k | |
| Vice President of Acquisitions and Investments | 9.9yrs | no data | no data |
1.5yrs
Average Tenure
46yo
Average Age
Experienced Management: DRH's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$2.06m | 0.25% $ 4.7m | |
| Independent Director | 8.1yrs | US$212.50k | 0.047% $ 871.5k | |
| Independent Lead Director | 11.8yrs | US$237.50k | 0.059% $ 1.1m | |
| Independent Chairman of the Board | 20.5yrs | US$302.94k | 0.17% $ 3.2m | |
| Independent Director | 9.4yrs | US$207.50k | 0.052% $ 968.1k | |
| Independent Director | 5.8yrs | US$197.50k | 0.016% $ 298.7k | |
| Independent Director | 3.5yrs | US$207.22k | no data | |
| Independent Director | 4.1yrs | US$197.50k | 0.021% $ 398.3k |
6.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: DRH's board of directors are considered experienced (6.9 years average tenure).