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United States. Securities and Exchange Commission

Host Hotels & Resorts Elects New Director, Appoints Executive to Key Committee

Strategic Insights

— 1 min read

Host Hotels & Resorts, Inc., the general partner of Host Hotels & Resorts, L.P., announced the election of Herman E. Bulls to the Board of Directors on June 18, 2021. This move brings a wealth of experience and expertise to the company, particularly in real estate and corporate governance. Bulls will serve until the next annual meeting of stockholders and will also join the Nominating and Corporate Governance Committee of the Board.

Key Takeaways:

  • Herman E. Bulls was elected to the Board of Directors on June 18, 2021, bringing over 31 years of experience in real estate and corporate governance to the company.
  • Bulls has worked in various areas, including development, investment management, asset management, facilities operations, and business development/retention during his tenure at Jones Lang LaSalle.
  • He previously co-founded and served as president and CEO of Bulls Capital Partners, a Fannie Mae multi-family financing company, and founded Bulls Advisory Group, LLC, a management and real estate advisory firm.
  • Bulls is a member of several notable organizations, including the Executive Leadership Council, Leadership Washington, and the Real Estate Executive Council.
  • He will receive the same fees for his service as other independent directors, with annual cash compensation prorated from the date of his election to the Board.
  • The company will also enter into an indemnification agreement with Bulls, substantially in the form of the agreement with other directors, providing for the indemnification of and advancement of expenses to a director to the maximum extent permitted by Maryland law.

Statistics:

  • Over 31 years of experience in real estate and corporate governance at Jones Lang LaSalle.
  • 12 years of active duty service with the United States Army, retiring as a Colonel in the U.S. Army Reserves in 2008.
  • Member of executive leadership positions in various organizations, including the Executive Leadership Council, Leadership Washington, and the Real Estate Executive Council.
  • Served on the boards of Tyco International, Exelis, Inc., and Computer Sciences Corporation.
  • Annual cash compensation prorated from June 18, 2021, to the date of his election to the Board.

Sources:

  • United States Securities and Exchange Commission Form 8-K (Current Report) filed by Host Hotels & Resorts, L.P. on June 21, 2021.

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