Aimbridge Expands Board of Managers Following Balance Sheet Restructure
💰 Aimbridge Hospitality, based in Plano, Texas, expanded its Board of Managers with four new appointments - Glenn Alba, Rich Gomel, Carrie McIntyre, and Emanuel (Manny) Pearlman - following a balance sheet restructuring. CEO Craig S. Smith, alongside Steve Joyce, anticipates leveraging the board's expertise in hospitality, real estate, and finance. Aimbridge converted over $1 billion of debt into equity and received $100 million in new capital, setting the company to invest in strategy and performance growth. The new board members bring decades of experience from companies like Blackstone Real Estate, Two Sigma Real Estate, VIRIDIS Fund Solutions, and Liberation Investment Group.
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