Posted 26 June, 2023
Ryman Hospitality Properties, Inc. appointed Mr. Moore as new CEO
NYSE:RHP appointed new Chief Executive Officer Mr. Moore in a 8-K filed on 26 June, 2023.
Mr. Moore's decision to resign comes in connection with Mr. Moore's appointment as Chief Executive Officer of the Opry Entertainment Group, a business comprised of a number of entertainment and media assets in which the Company owns a controlling 70% equity interest, and is not the result of any disagreement with the Company.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Ryman Hospitality Properties, Inc.
Real Estate/Construction • Hotel/Lodging REITs
Ryman Hospitality Properties, Inc. is a real estate investment trust, which engages in owning and operating group-oriented, destination hotel assets in urban and resort markets. It operates through the following segments: Hospitality, Entertainment, and Corporate and Other. The Hospitality segment includes directly-owned hotel properties and hotel operations, as well as the Gaylord Rockies joint venture. The Entertainment segment refers to the Grand Ole Opry assets, the Ryman Auditorium, WSM-AM, Ole Red, other Nashville-based attractions, and the Circle joint venture. The Corporate and Other segment represents the corporate expenses. The company was founded by Edward Lewis Gaylord in 1956 and is headquartered in Nashville, TN.Market Cap
$7.07B
View Company Details
$7.07B
Relevant filing section
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 25, 2023, Patrick Q. Moore notified Ryman Hospitality Properties, Inc. (the "Company") of his decision, effective immediately, to resign as a member of the Company's Board of Directors (the "Board"), as Chair and a member of the Company's Human Resources Committee and as a member of the Company's Nominating and Corporate Governance Committees. Mr. Moore's decision to resign comes in connection with Mr. Moore's appointment as Chief Executive Officer of the Opry Entertainment Group, a business comprised of a number of entertainment and media assets in which the Company owns a controlling 70% equity interest, and is not the result of any disagreement with the Company. Effective with Mr. Moore's resignation, the Board approved a reduction in the size of the Board from ten (10) members to nine (9) members.
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