Business
SUNSTONE HOTEL INVESTORS ANNOUNCES EXPANSION OF BOARD OF DIRECTORS
Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the appointment of Michael Barnello to the Company's Board of Directors. The appointment is effective as of November 15, 2025 and Sunstone will nominate Mr. Barnello to stand for election to the Company's Board of Directors at the 2026 Annual Meeting of Stockholders. Inclusive of this appointment, the Company's Board will now be comprised of nine directors.
About this update from Sunstone Hotel Investors, Inc.
[{"type":"text","content":"ALISO VIEJO, Calif., Nov. 17, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced the appointment of Michael Barnello to the Company's Board of Directors. The appointment is effective as of November 15, 2025 and Sunstone will nominate Mr. Barnello to stand for election to the Company's Board of Directors at the 2026 Annual Meeting of Stockholders. Inclusive of this appointment, the Company's Board will now be comprised of nine directors.","length":536,"tagName":"p"},{"type":"text","content":""We are pleased to welcome Mike to Sunstone's Board," commented Douglas M. Pasquale, Chairman of the Board. "Mike's extensive lodging industry expertise provides additional depth and experience to our Board and will enhance the Company's commitment to maximize shareholder value." Bryan A. Giglia, Chief Executive Officer, added, "I look forward to working with Mike and benefitting from his unique perspective and success in the sector."","length":485,"tagName":"p"},{"type":"text","content":""We appreciate the constructive engagement we have had with Sunstone's Board of Directors and management team. We are excited about Mr. Barnello's addition to the Board and are confident he will be additive to Sunstone's ongoing efforts towards realizing value for its shareholders," stated Michael Ching of Tarsadia Capital.","length":347,"tagName":"p"},{"type":"text","content":"About Michael BarnelloMr. Barnello is a Founder and Managing Partner at Badlands Hotel Capital, a hospitality investment and asset management company. Formerly, Michael was President and Chief Executive Officer of LaSalle Hotel Properties (NYSE: LHO) where he had been with the company since its IPO in 1998. LaSalle Hotel Properties was a leading real estate investment trust that owned 41 properties, made up of upscale, full-service hotels, totaling approximately 10,400 guest rooms in 11 markets in seven states and the District of Columbia. Prior to 1998, Mr. Barnello served as Senior Vice President of LaSalle Partners (which became Jones Lang LaSalle), a commercial real estate and investment company. Before joining LaSalle in 1995, Mr. Barnello was Vice President with Strategic Realty Advisors, formerly known as VMS Realty...