Board of Directors

Apple Hospitality’s corporate governance guidelines set forth standards and processes to define the Board’s structure, objectives, procedures, qualifications, compensation and committees. Apple Hospitality REIT’s Board is comprised of nine members, consisting of a mix of independent members as well as those involved in the day-to-day activities of the Company. We believe these individuals provide diverse perspectives, industry knowledge and professional experience that help guide our corporate governance. The terms of the Company’s Board are de-staggered, which allows for annual elections of directors. The Company’s Chairman and Chief Executive Officer roles have been separated to create a leadership structure that the Board believes strikes the appropriate balance between the authority of those who oversee the Company and those who manage it on a day-to-day basis. In order to optimize the effectiveness and independence of the Board, the independent directors have designated an independent, non-employee director to serve as the Company’s Lead Independent Director. The Board’s Audit, Compensation, and Nominating and Corporate Governance committees are independent of management. Each committee has a formal charter that outlines each committee’s purpose and responsibilities.

   

For more information related to the Company’s Board members, committees of the Board and governance documents, please visit the Corporate Governance pages of our website by clicking here.