INVESTOR RELATIONS

Press Release

DiamondRock Hospitality Company Announces Changes To Board Of Directors

05/05/21

BETHESDA, Md., May 5, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced the election of Tabassum Zalotrawala to its Board of Directors effective May 5, 2021.  As previously announced in the Company's proxy statement, Gilbert Ray and Maureen McAvey did not stand for reelection this year, and the Company's Board nominated Ms. Zalotrawala to serve as a Director.  This series of changes to the Company's Board of Directors aligns with the Company's commitment to board refreshment with diverse, experienced professionals in order to diligently serve its shareholders. 

"We thank Gil and Maureen for their numerous contributions to the success of DiamondRock over the past 17 years," stated Mark W. Brugger, President and Chief Executive Officer of the Company. "We are excited to be welcoming Tabassum to our Board of Directors.  Her expertise in real estate, construction, site selection, brand development, and innovative strategic initiatives will enhance execution in a variety of areas that will help drive shareholder value."

Ms. Zalotrawala is the Chief Development Officer for Chipotle Mexican Grill, overseeing global real estate, construction, design and contract administration functions to support the financial and brand performance of Chipotle restaurants worldwide.  In her role at Chipotle, she has led the global execution of digital revenue generating initiatives, including the Chipotlane, which was named one of 'The Most Innovative Architecture Projects of 2020' by Fast Company.  Prior to joining Chipotle, Ms. Zalotrawala has held several leadership positions focused on real estate, design, and development at companies such as Panda Restaurant Group, Arby's Restaurant Group, Wendy's Arby's Group, Triarc Companies, and other luxury hospitality companies.

Ms. Zalotrawala holds a Bachelor of Fine Arts degree in interior design from the School of Planning & Architecture, American Intercontinental University, is a LEED Accredited Professional and recently completed the Harvard Business School Advanced Management Program. Ms. Zalotrawala was honored with the Exceptional Women Awardee award in 2020. She serves as a member of the Board of Trustees of the International Council of Shopping Centers (ICSC) and is involved in non-profit work as a board member of GLEAM Network. GLEAM is a Global Leadership Enhancement and Mentorship Network serving underrepresented and underserved professionals in the food service industry. Ms. Zalotrawala is also an active member with The National Association of Corporate Directors (NACD).

About the Company

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in destination resort locations and top gateway markets.  The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both leading global brands as well as unique boutique hotels in the lifestyle segment.  For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

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SOURCE DiamondRock Hospitality Company

Jeff Donnelly, Chief Financial Officer, (240) 744-1190, Briony Quinn, Senior Vice President, (240) 744-1196