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AI brief of an SEC Form 8-K · DiamondRock Hospitality (DRH)

DiamondRock General Counsel William Tennis to retire effective June 30, 2024

Neutral Impact 2 of 5 leadership Written later

DiamondRock Hospitality said its General Counsel and Corporate Secretary, William J. Tennis, will retire effective June 30, 2024, under a retirement agreement signed May 31, 2024. Tennis will provide consulting services from July 1 through December 31, 2024, and receives a $236,000 pro-rata 2024 bonus and continued health coverage, with some equity awards vesting early.

Key points

  • Retirement effective June 30, 2024; consulting services from July 1 to December 31, 2024
  • Pro-rata 2024 bonus of $236,000, based on target bonus, conditioned on a release of claims
  • Restricted stock and 2023 long-term incentive units with time-based vesting vest immediately at retirement
  • 2022, 2023 and 2024 PSU awards remain eligible to be earned, with shares issued at target amount

The filing

CompanyDiamondRock Hospitality (DRH)
Form8-K, current report
Filed with the SECJun 3, 2024, 4:30 PM ET
Accession number0001298946-24-000086

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 03, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.