July 23, 2017 11:27 AM ET

Hotels, Restaurants and Leisure

Company Overview of Extended Stay America, Inc.

Company Overview

Extended Stay America, Inc. owns and operates hotels in the United States and Canada. As of December 31, 2016, the company had 629 hotels with approximately 69,400 consisting of 626 hotels with approximately 68,900 rooms under the Extended Stay America brand; and 3 hotels with 500 rooms under the Extended Stay Canada brand. It serves customers in the mid-priced extended stay segment. The company was founded in 1995 and is headquartered in Charlotte, North Carolina.

11525 North Community House Road

Suite 100

Charlotte, NC 28277

United States

Founded in 1995

4,000 Employees

Phone:

980-345-1600

Key Executives for Extended Stay America, Inc.

Chief Executive Officer, President and Director
Age: 58
Total Annual Compensation: $1.0M
Chief Financial Officer
Age: 52
Total Annual Compensation: $583.5K
Chief Operating Officer
Age: 53
Total Annual Compensation: $515.0K
Chief Human Resources Officer and Executive Vice President
Age: 49
Total Annual Compensation: $432.6K
General Counsel and Corporate Secretary
Age: 53
Total Annual Compensation: $360.5K
Compensation as of Fiscal Year 2016.

Extended Stay America, Inc. Key Developments

Extended Stay America, Inc. Announces Resignation of William Stein from the Board of Directors

On June 28, 2017, William Stein notified the Board of Directors of Extended Stay America, Inc. of his intention to resign from the Board, effective upon the election of his successor. Mr. Stein's resignation does not involve any disagreement with the Company. On June 30, 2017, the Board accepted Mr. Stein's resignation and elected Jodie W. McLean to the Board to fill the vacancy created by Mr. Stein's resignation.

Extended Stay America, Inc. Announces Appointment of Jodie W. Mclean to Board of Directors as Independent Director

Extended Stay America, Inc. announced that Jodie W. McLean appointed to its Board of Directors as an independent director. Ms. McLean is Chief Executive Officer of EDENS. She joined EDENS in 1994 and has held various position including Chief Investment Officer from 1997 to 2015 and also as President from 2002 to 2015. Ms. McLean is a trustee of both the International Council of Shopping Centers and the Urban Land Institute. She serves on the Wofford College board, as well as boards of several other institutions and charities.

Extended Stay America, Inc. Presents at 2017 Instinet Gaming, Leisure and Lodging Conference, May-16-2017

Extended Stay America, Inc. Presents at 2017 Instinet Gaming, Leisure and Lodging Conference, May-16-2017 . Venue: New York, New York, United States. Speakers: David Clarkson, Treasurer and VP of FP&A, Katy Woods, IR FP & A Manager, Rob Ballew, VP of Investor Relations.

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Recent Private Companies Transactions

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