Business
J. Alan Reid, Jr. Nominated to Caliber Board of Directors as Part of Planned Board Transition
Reid Brings Public-Company Asset Management Experience and Emerging Expertise in Tokenization and Digital Asset Governance Dan Hansen & Michael Trzupek Will
About this update from Calibercos Inc.
[{"type":"text","content":"Reid Brings Public-Company Asset Management Experience and Emerging Expertise in Tokenization and Digital Asset Governance Dan Hansen & Michael Trzupek Will Not Stand for Re-Election at May 14, 2026 Annual Meeting SCOTTSDALE, Ariz., March 31, 2026 (GLOBE NEWSWIRE) -- Caliber (Nasdaq CWD), a diversified real estate and digital asset management platform, today announced that J. Alan Reid, Jr. has been nominated to join its Board of Directors (the “Board”) as an independent director. The Company also announced that Dan Hansen and Michael Trzupek will not stand for re-election at the Company’s upcoming annual meeting of shareholders, expected to be held on May 14, 2026. The Company expects that, following the annual meeting and subject to shareholder approval of the nominated slate of directors, its Board will consist of five members, including three independent directors. “Dan and Michael have each played important roles in Caliber’s evolution over many years, first as advisors and then as directors,” said Chris Loeffler, Chief Executive Officer of Caliber. “We are grateful for their guidance, experience, and long-standing commitment to the Company.” Mr. Hansen has elected not to stand for re-election at the upcoming shareholder meeting as his responsibilities have expanded significantly in his leadership role at Hyatt, where he serves as Global Head of Growth Strategy and Operations. Caliber expects to continue working with Mr. Hansen in an advisory capacity, leveraging his deep expertise and relationships across the hospitality industry to support the Company’s continued growth. Mr. Trzupek has also elected not to stand for re-election following many years of service to the Company as both an advisor and director. Mr. Trzupek currently serves as Chief Financial Officer of Xanadu, a publicly traded quantum computing company, and has taken on increased responsibilities in that role. There were no disagreements between the Company and either Mr. Hansen or Mr. Trzupek on any matter relating to the Company’s operations, policies, or practices. In connection with these transitions, the Company has nominated J. Alan Reid, Jr. as an independent director. If elected by shareholders, Mr. Reid is expected to serve as Chair of the Compensation Committee. Mr. Reid brings more than three decades of experience in asset management, governance, a...