Jonathan P. Stanner is the President and CEO of Summit Hotel Properties, a role he has held since January 2021. He came to this position with a strong background in finance, having served as CEO of Strategic Hotels & Resorts,...

Jonathan P. Stanner is the President and CEO of Summit Hotel Properties, a role he has held since January 2021. He came to this position with a strong background in finance, having served as CEO of Strategic Hotels & Resorts, which was sold in a notable $6 billion deal. He holds dual degrees from Purdue University—a Bachelor of Science in Management and an MBA. Jonathan's experience started in investment banking with Banc of America Securities before he climbed the ranks at Strategic Hotels from corporate finance to CEO. His leadership at Summit focuses on performance metrics like hotel revenue and strategic investments. Under his guidance, the company aims to balance profits with enhancing shareholder value, aiming for sustainable growth while navigating the hospitality landscape. His total compensation was around $5.4 million in 2022, reflecting his pivotal role in the company’s guidelines for executive pay tied to performance goals. His journey illustrates how financial expertise and strategic vision combine in the competitive hotel industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Summit Hotel Properties CEOs

S

Jonathan P. Stanner

CEO of Summit Hotel Properties

Education

Bachelor of Science in Management and a Master of Business Administration from the Krannert School of Management at Purdue University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1981 - 44 years ago

CEO of Summit Hotel Properties for

4 years 4 months (Jan 2021 - Present)

Previous Experience

Executive Vice President, Chief Financial Officer and Treasurer of the Company since April 1, 2018; previously held various roles at Strategic Hotels & Resorts, Inc.

Rivals

Competitors/colleagues of Jonathan P. Stanner

D

Mark W. Brugger

CEO of DiamondRock Hospitality

2023 Compensation

Stock

$0.00

Salary

$832.00K

Bonus

$0.00

Other

$13.20K

Total Holdings

$19.47M

P

Thomas J. Baltimore, Jr.

CEO of Park Hotels & Resorts Inc.

2023 Compensation

Stock

$2.22M

Salary

$1.00M

Bonus

$2.44M

Other

$960.00

Total Holdings

$27.66M

P

Thomas C. Fisher

CEO of Pebblebrook Hotel Trust

2023 Compensation

Stock

$0.00

Salary

$525.00K

Bonus

$27.50K

Other

$67.97K

Total Holdings

$5.25M

R

Colin V. Reed

CEO of Ryman Hospitality Properties

2023 Compensation

Stock

$4.58M

Salary

$500.00K

Bonus

$62.00K

Other

$33.73K

Total Holdings

$135.35M

Holdings

See how much did Jonathan P. Stanner make over time.

Jonathan Stanner has significant holdings in Summit Hotel Properties (INN), reflecting his stake in the company's success. His wealth is closely tied to this venture, which began when he joined the company in April 2017. The value of his holdings...

Jonathan Stanner has significant holdings in Summit Hotel Properties (INN), reflecting his stake in the company's success. His wealth is closely tied to this venture, which began when he joined the company in April 2017. The value of his holdings reached its peak, showcasing his commitment and belief in the firm's vision. In 2022, he dynamically managed his portfolio amid varying stock prices. His stock positions were actively reviewed, with fluctuations that highlighted his strategic approach to holding investments tightly linked to company performance. As the company evolves, so does the valuation of his holdings, which serves as a continued commitment to driving growth for both the company and its shareholders.

Insider Trading

See recent insider trades of Jonathan P. Stanner.

INN

310,345 shares

INN

Mar 7, 2025

Received

INN

206,896 shares

INN

Mar 7, 2025

Received

INN

203,704 shares

INN

Mar 8, 2024

Received

INN

305,555 shares

INN

Mar 8, 2024

Received

INN

$150.90K

INN at $6.90/share

Mar 16, 2023

Purchase

INN

170,984 shares

INN

Mar 8, 2023

Received

INN

256,477 shares

INN

Mar 8, 2023

Received

INN

21,115 shares

INN

Apr 8, 2022

Received

INN

122,574 shares

INN

Mar 8, 2022

Received

INN

183,861 shares

INN

Mar 8, 2022

Received

Compensation History

See how much did Jonathan P. Stanner make over time.

In 2022, Jonathan P. Stanner's total compensation as CEO of Summit Hotel Properties was about $5.4 million. His base salary was $700,000, supplemented by a cash bonus amounting to $1.254 million, reflecting his impact on the company's success. The bonus was based on meeting specific company performance goals, aligning his success with that of the company. Notably, no stock options or performance shares vested during that year, which emphasizes the focus on achieving tangible benchmarks. His overall pay structure underscores a compensation philosophy designed to motivate executives while keeping their interests aligned with those of shareholders in the competitive hotel industry. The compensation package aims to balance immediate rewards with long-term company performance metrics, ensuring that leadership is incentivized to push for success.

Year

2022

Total Compensation

$1.97M

Salary

$700.00K

Board Justification

The compensation philosophy aims to attract and retain talented executives, motivate performance aligned with company goals, and ensure alignment with shareholder interests.

Bonus

$1.25M

Board Justification

The annual cash incentive program was based on the achievement of company-specific performance goals, with payouts ranging from 116% to 124% of target for the year 2022.

Other

$12.20K

Board Justification

Other compensation includes contributions to the 401(k) plan and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants vested in 2022 as the performance metrics were not met for the performance-based stock awards.

Performance Metrics

Performance metrics included Same Store Hotel EBITDA, Same Store Hotel RevPAR, Transaction Objectives, and Individual Performance Objectives.

Other Summit Hotel Properties CEOs

Here are other CEOs of Summit Hotel Properties

Daniel P. Hansen

Ex-CEO of Summit Hotel Properties

February 2011 - January 2021