Braemar Hotels & Resorts Inc. (NYSE: BHR) announced on October 26, 2026, that it intends to nominate eight individuals for election to its Board of Directors at the Company's 2026 Annual Meeting of Stockholders. The filing indicates that the slate includes seven new, highly qualified independent director nominees, alongside one incumbent. The nominees are Craig A. Barbarosh, Kevin Covey, Stephen Haggerty, Daniel J. Hirsch, Kevin M. Luebbers, Gail P. Steinel, Richard J. Stockton, and Stephen W. Theriot.
The Company stated that the new Board will be composed overwhelmingly of independent directors. With the exception of Richard J. Stockton, the Company's President and Chief Executive Officer, every incumbent director tied to the Company's previous external advisory relationship with Ashford Inc. is stepping aside. The filing notes that the new Board will select an independent Chairman once seated.
The Company intends to file a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) in connection with the Annual Meeting. Stockholders are urged to read the proxy statement when it becomes available and to vote the GOLD proxy card for each of the eight nominees.