The estimated Net Worth of Thomas W. Storey is at least 581 千$ dollars as of 10 August 2015. Mr. Storey owns over 8,000 units of Summit Hotel Properties Inc stock worth over 414,712$ and over the last 14 years he sold INN stock worth over 0$. In addition, he makes 166,615$ as Independent Director at Summit Hotel Properties Inc.
Thomas has made over 3 trades of the Summit Hotel Properties Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 8,000 units of INN stock worth 100,080$ on 10 August 2015.
The largest trade he's ever made was buying 10,133 units of Summit Hotel Properties Inc stock on 31 May 2012 worth over 149,766$. On average, Thomas trades about 560 units every 38 days since 2011. As of 10 August 2015 he still owns at least 65,104 units of Summit Hotel Properties Inc stock.
You can see the complete history of Mr. Storey stock trades at the bottom of the page.
Thomas W. Storey serves as Independent Director of the Company. Mr. Storey has been a member of the Board since the completion of our IPO in February 2011. Mr. Storey served as our Non-Executive Chairman of the Board from July 2015 until January 2017. Mr. Storey has worked in the hospitality industry for more than 30 years. From 1999 to 2013 he was employed by Fairmont Raffles Hotels International (“FRHI”), a leading global hotel company with over 125 hotels worldwide under the Fairmont, Raffles and Swissôtel brands, in various roles including; President Fairmont Hotels and Resorts, Executive Vice President, Business Strategy and Executive Vice President, Global Development. From 1984 to 1999, Mr. Storey worked for multiple hospitality companies in an executive capacity including Marriott Hotels and Resorts, Doubletree Hotels, Promus Hotels and Radisson Hotels, International. Mr. Storey has been a member of various hospitality industry organizations, including the American Hotel & Lodging Association, the Travel Industry Association of America, and Professional Conference and Meeting Planners. He previously served on multiple public and private boards including Candlewood Hotels, Legacy Hotels Real Estate Investment Trust, Travelclick, LLC and the Wall Street Institute. Mr. Storey received a B.A. in economics from Bates College and an M.B.A. from the Johnson School at Cornell University. The Board, upon the recommendation of the Nominating and Corporate Governance Committee, has determined that Mr. Storey should serve as a director, if elected, because he provides the Board with strategic vision specific to the hospitality industry. In addition, Mr. Storey has substantial leadership experience in the hospitality industry, including as Executive Vice President, Business Strategy of FRHI, where Mr. Storey was instrumental in helping lead that company through various lodging cycles.
As the Independent Director of Summit Hotel Properties Inc, the total compensation of Thomas Storey at Summit Hotel Properties Inc is 166,615$. There are 13 executives at Summit Hotel Properties Inc getting paid more, with Daniel Hansen having the highest compensation of 5,009,720$.
Thomas Storey is 63, he's been the Independent Director of Summit Hotel Properties Inc since 2017. There are 2 older and 12 younger executives at Summit Hotel Properties Inc. The oldest executive at Summit Hotel Properties Inc is Bjorn Hanson, 68, who is the Independent Director.
Thomas's mailing address filed with the SEC is 13215 BEE CAVE PARKWAY,, SUITE B-300, AUSTIN, TX, 78738.
Over the last 14 years, insiders at Summit Hotel Properties Inc have traded over 6,173,230$ worth of Summit Hotel Properties Inc stock and bought 169,125 units worth 1,664,152$ . The most active insiders traders include Kerry W Boekelheide、Daniel P Hansen、Kenneth J Kay. On average, Summit Hotel Properties Inc executives and independent directors trade stock every 124 days with the average trade being worth of 460,099$. The most recent stock trade was executed by Jonathan P Stanner on 16 March 2023, trading 21,870 units of INN stock currently worth 150,903$.
summit hotel properties, inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the upscale segment of the lodging industry. as of november 3, 2020, the company's portfolio consisted of 72 hotels, 67 of which are wholly owned, with a total of 11,288 guestrooms located in 23 states.
Summit Hotel Properties Inc executives and other stock owners filed with the SEC include: