Pebblebrook Hotel Trust CFO Raymond Martel Departs Effective June 1

Pebblebrook Hotel Trust disclosed that Raymond D. Martel Jr. stepped down as executive vice president, chief financial officer and treasurer, effective June 1, 2026.

The 8-K filed with the SEC on June 2 lists the departure under Item 5.02 and states that Martel’s separation is not the result of any disagreement with the company on any matter relating to the company’s operations, policies or practices. No further details on successor arrangements or separation terms appear in the filing.

Pebblebrook, a real estate investment trust that owns and operates 45 upper-upscale and luxury hotels across the United States as of its most recent public disclosures, must now operate without its chief financial officer until a replacement is named. Public companies are required to report the appointment of a new principal financial officer on Form 8-K within four business days of the event.

The departure immediately shifts responsibility for financial reporting, Sarbanes-Oxley certifications, liquidity management and investor communications to other executives on an interim basis. It also starts the clock on any required disclosures about whether the board has appointed a permanent CFO or designated an interim officer, and whether the company has entered into any new compensatory arrangements.

Item 5.02 departures routinely prompt follow-on filings that markets and lenders monitor for continuity risk at the executive level.

The filing also reports results from the company’s annual meeting under Item 5.07 and includes additional corporate disclosures under Item 8.01, along with exhibits required by Item 9.01. Those matters are secondary to the CFO transition in terms of immediate operational impact.

This marks the first executive-officer change Pebblebrook has reported in 2026. REITs must maintain timely SEC reporting of principal-officer departures to preserve compliance with exchange-listing standards and debt-covenant notification obligations.