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Jonathan Litt Doesn’t Like RLJ’s Latest Board Appointment

BETHESDA, MD--This week RLJ Lodging appointed Robert J. McCarthy, former chief operations officer and group president at Marriott International as a trustee.

Jonathan Litt

BETHESDA, MD–Jonathan Litt, head of activist investment firm Land and Buildings, has come out against RLJ Lodging’s newest board of directors appointment: Robert J. McCarthy, former chief operations officer and group president at Marriott International. RLJ apparently chose McCarthy over suggestions made by Land and Buildings for the position.

McCarthy’s appointment increases the size of the company’s board from eight to nine members, following Patricia Gibson who was tapped to join the board in September 2017.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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