- Allied Hotel Properties Inc. (APH) mourns the death of a Director, Lloyd Callahan
- Lloyd Callahan served as an independent director of Allied Hotel Properties since June 2008 and was a sitting member of the Compensation Committee
- The Board thanks the late Lloyd Callahan for his invaluable contribution to Allied during his tenure of service and expresses the deepest condolences to his family during this difficult time
- At the time of his passing, Callahan was named in Allied’s printed materials, including the information circular, as one of management’s nominees for re-election as a director
- Allied does not anticipate nominating a replacement for Callahan, with the intention of having only six directors for the upcoming year
- Allied Hotel Properties Inc. (AHP) is up 6.12 per cent and is trading at C$0.26 at 2:35 pm ET
The Board of Directors of Allied Hotel Properties (AHP) has announced the passing of director, T.L. (Lloyd) Callahan, on May 20, 2021.
Lloyd Callahan served as an independent director of Allied Hotel Properties since June 2008 and was a sitting member of the Compensation Committee.
In addition to his contributions to Allied as a director, Lloyd was a friend and colleague to many including Michael Chan, President and CFO of Allied, who stated,
“Lloyd will not only be remembered as a director of our company, but as a true gentleman, mentor, and friend. We will miss his wise counsel and cheerful comradeship.”
The Board thanks the late Lloyd Callahan for his invaluable contribution to Allied during his tenure of service and expresses the deepest condolences to his family during this difficult time.
The remaining directors of Allied, Peter Y.L. Eng, Syed Abu Bakar bin Syed Mohsin Almohdzar, Michael F. Chan, Dennis Ng, Francis A. Wong and Patrick Kong, will continue to take care of the affairs.
At the time of his passing, Callahan was named in Allied’s printed materials, including the information circular, as one of management’s nominees for re-election as a director at its annual general meeting to be held on June 23, 2021.
Allied does not anticipate nominating a replacement for Callahan, with the intention of having only six directors for the upcoming year.
Allied Hotel Properties Inc. (AHP) is up 6.12 per cent and is trading at C$0.26 at 2:35 pm ET.
