EX-99.1 2 tm259825d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE RLJ LODGING TRUST ANNOUNCES RETIREMENT OF Chief Financial officer Bethesda, MD, March 20, 2025 - RLJ Lodging Trust (the “Company”) (NYSE: RLJ) announced today that following seven successful years at the Company, Sean M. Mahoney, the Company’s Executive Vice President and Chief Financial Officer will be retiring in May of this year after a dynamic career spanning over 30 years, including more than 20 years in the hospitality REIT industry. “On behalf of the Board of Trustees and the entire RLJ team, I want to thank Sean for his invaluable contributions during his tenure,” said Leslie D. Hale, President and Chief Executive Officer of the Company. “Sean has been a great partner and valued member of our management team. He joined RLJ at a pivotal time as we were transforming and repositioning our portfolio and was instrumental to our success. Additionally, thanks to Sean’s leadership, our balance sheet is strong, we have a solid finance team, and we are well-positioned for the future. We wish Sean happiness in his much-deserved retirement.” “It has been a great pleasure to be a part of the RLJ team for t…
Open exhibit ↗Current Report · Items 5.02, 8.01, 9.01 · 8-K
RLJ Lodging Trust
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On March 14, 2025, Sean Mahoney, Executive Vice President and Chief Financial Officer of RLJ Lodging Trust (the “Company”), provided notice to the Board of Trustees of the Company of his intention to retire, effective at the end of the term of…
Company context
RLJ Lodging Trust ("RLJ") is a self-advised, publicly traded real estate investment trust that owns 94 premium-branded, rooms-oriented, high-margin, urban-centric hotels located within the heart of demand locations. Our hotels are geographically diverse and concentrated in major urban markets that provide multiple demand generators from business, leisure, and other travelers.