Corporate Governance - Highlights
At RLJ Lodging Trust, we are committed to conducting our business affairs with integrity, transparency and in full compliance with all applicable laws and regulations. Our business is founded on relationships with our investors, with the management companies that operate our hotels, with the brands and franchisors of each hotel property and with our associates. To strengthen and maintain these relationships, we treat our partners, associates and shareholders with fairness and in accordance with high ethical and business standards.
Our Board of Trustees and its committees administer all aspects of corporate governance for RLJ Lodging Trust, including evaluating the performance of management and overseeing how management serves the long-term interests of shareholders and other stakeholders. We believe that a knowledgeable, independent and committed Board is critical to achieving our long-term objectives. To this end, we have established strong corporate governance by instituting the following:
- A majority of our Board members are independent of the Company and its management;
- All members of the Board committees (Audit, Compensation, and Nominating and Corporate Governance) are independent of the Company and its management;
- The independent members of the Board meet regularly without the presence of management; and
- The charters of our Board committees clearly establish their respective roles and responsibilities.
We encourage you to review our committee charters, code of ethics, corporate governance guidelines and Board of Trustee committee charters.