Daniel Hansen
About Daniel P. Hansen
Independent director of CaliberCos Inc. (CWD); age 56; director since May 2023. Currently Global Head of Hyatt Studios (Hyatt’s extended-stay upper-midscale brand in the Americas). Former Chairman, President & CEO of Summit Hotel Properties, Inc. (NYSE: INN) from IPO until retirement in 2021; B.A. in Economics from South Dakota State University. Recognized as a top small-cap executive by Institutional Investor (2017) and EY Entrepreneur of the Year (Texas region, 2018).
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Summit Hotel Properties, Inc. (NYSE: INN) | Chairman, President & CEO | From company’s IPO until retirement in 2021 | Led public REIT; recognized for executive performance (Institutional Investor 2017; EY EOY 2018) |
| Merrill Lynch | Vice President & Regional Sales Manager; various leadership roles | 11 years (culminating as VP) | Financial markets leadership; sales management experience |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Hyatt Studios (Hyatt Hotels) | Global Head | Current | Leads launch and growth of extended-stay upper‑midscale brand in Americas |
| American Hotel & Lodging Association (AHLA) | Board member; AHLA Foundation trustee | Prior service | Industry advocacy and foundation governance |
| Multiple hotel brands | Advisory councils | Prior service | Brand advisory engagement |
Board Governance
- Independence: Determined independent under NASDAQ standards; CWD is a “controlled company” but did not elect the independence exemption for 2025 (reserves right to claim in future).
- Committee assignments:
- Audit Committee: Member (Chair is Lawrence X. Taylor III; Hansen designated independent; committee financial expertise at chair).
- Compensation Committee: Chair (independent).
- Nominating & Corporate Governance Committee: Member (independent; chair is William J. Gerber).
- Attendance: In 2024, the Board held 4 meetings and each committee held 4; each director attended at least 75% of the aggregate meetings of the Board and their committees.
- Audit oversight: Audit Committee report signed by Hansen (alongside chair and other members) recommending inclusion of FY2024 audited financials in Form 10‑K.
- Short sale/hedging/pledging: Company policy prohibits short sales, derivative/hedging, and pledging/margining of CWD stock by directors.
Fixed Compensation
| Component (FY2024) | Amount (USD) | Notes |
|---|---|---|
| Annual retainer (cash) | $75,000 | Covers service on Board and committees during 2024 |
| Committee membership fees | — | Not separately disclosed; retainer covers committee service |
| Committee chair fees | — | Not separately disclosed |
| Meeting fees | — | Not disclosed |
Performance Compensation
| Component (FY2024) | Amount (USD) | Terms/Details |
|---|---|---|
| Option Awards (grant-date fair value) | $110,006 | Specific strike/vesting not disclosed in director section |
| Stock Awards (RSUs/DSUs) | — | No stock awards disclosed for directors in 2024 |
| Total (cash + equity) | $185,006 | Mix: cash $75,000; options $110,006 |
- Clawback: Company adopted a clawback policy effective May 15, 2023 applicable to current/former executive officers (excess incentive compensation recoverable upon restatement). No restatements requiring recovery as of Dec 31, 2024.
Other Directorships & Interlocks
| Company | Role | Current/Prior | Notes |
|---|---|---|---|
| Summit Hotel Properties, Inc. (NYSE: INN) | Chairman, President & CEO | Prior | Leadership role; no current public company directorship disclosed |
| AHLA / AHLA Foundation | Board / Trustee | Prior | Industry non-profit roles |
No current public company board roles disclosed beyond CWD.
Expertise & Qualifications
- Sector expertise: Hospitality REITs, brand development, advisory councils across hotel brands.
- Leadership & finance: 11 years at Merrill Lynch culminating as VP/Regional Sales Manager; extensive executive experience at a public REIT.
- Education: B.A., Economics, South Dakota State University.
- Recognitions: Institutional Investor top small-cap executive (2017); EY Entrepreneur of The Year (Texas region, 2018).
Equity Ownership
| Measure | Value | Notes |
|---|---|---|
| Class A shares owned | 5,452 shares | |
| Options (exercisable) | 9,771 options | |
| Total beneficial ownership (incl. options within 60 days) | 15,223 shares | |
| % Total voting power | 1.2% | |
| Hedging/Pledging status | Prohibited by policy |
Governance Assessment
- Strengths:
- Independent director with sector-operating pedigree; chairs Compensation Committee and serves on Audit and Nominating—broad governance exposure.
- Equity participation via option awards supports alignment; anti‑hedging/anti‑pledging policy reduces misalignment risk.
- Audit Committee engagement (signed report) indicates active oversight.
- Watch items / potential red flags:
- Controlled company status (two-class voting structure) may reduce minority shareholder influence; although exemption not elected for 2025, company reserves right to claim in future.
- Related-party activities are material at the platform/fund level; Audit Committee reviews related-person transactions, but no Hansen-specific related-party dealings are disclosed. Continued monitoring advisable.
- Attendance: Meets minimum threshold (≥75%); no director-specific attendance shortfalls disclosed.
- Director compensation: Simple cash retainer with option awards; no meeting/committee-chair fees disclosed—reduces pay complexity and potential over‑incentivization risk.
Board Governance (Committee Detail)
| Committee | Role (Hansen) | Chair | Independence |
|---|---|---|---|
| Audit | Member | Lawrence X. Taylor III | All members independent |
| Compensation | Chair | Daniel P. Hansen | All members independent |
| Nominating & Corporate Governance | Member | William J. Gerber | All members independent |
Overall, Hansen’s hospitality leadership background and current brand-building role at Hyatt Studios add domain expertise to CWD’s asset-management platform, while his committee footprint—especially as Compensation Chair—positions him as a key actor in pay governance and alignment. Independence, option-based equity participation, and anti-hedging/pledging policy support investor confidence; controlled company dynamics and pervasive related-party fund interactions warrant routine oversight focus.