Greg James
About Greg James
Gregory Randolph “Greg” James, age 51, was appointed Chief Operating Officer of Caliber (CaliberCos Inc.) effective July 7, 2025, after joining in October 2024 as COO of Caliber Hospitality Trust and Head of Hotel Asset Management; he holds a business degree from Arizona State University . He brings 34+ years in hotel operations and asset management, including nearly two decades at Summit Hotel Properties overseeing revenue strategy, asset management, PIP execution, acquisitions/dispositions, and daily operations, and earlier roles at Marriott International; at Summit he helped manage a portfolio of 100+ hotels valued at approximately $3.5 billion across 26 states . Management highlighted alignment with Caliber’s objective of efficient capital use and generating positive adjusted EBITDA in announcing his promotion .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Caliber Hospitality Trust (Caliber) | COO & Head of Hotel Asset Management | Oct 2024 – Jul 2025 | Led hotel asset management within Caliber’s hospitality platform; internal realignment to support efficient capital use and adjusted EBITDA focus . |
| Summit Hotel Properties (NYSE: INN) | SVP, Operations; SVP, Asset Management | Not disclosed (company states “nearly two decades”) | Oversaw revenue strategy, asset management, data analytics, PIP execution, acquisitions/dispositions, and day-to-day operations across a >100-asset, ~$3.5B portfolio spanning 26 states . |
| Marriott International | Hotel operations roles (multiple properties) | Began 1991; exact years not disclosed | Progressive operating leadership at more than a dozen properties nationwide . |
External Roles
None disclosed (no outside directorships or committee roles noted in company filings regarding his appointment) .
Fixed Compensation
| Component | Terms |
|---|---|
| Base salary | $325,000 per year . |
| Bonus opportunity | Eligible to earn up to 125% of base compensation (discretionary/performance-based) . |
| Equity eligibility | Eligible for restricted stock and/or options at the Compensation Committee’s discretion . |
| Benefits | Eligible to participate in executive benefit plans and reimbursable business expenses per company policy . |
Performance Compensation
| Element | Metric(s) | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Annual cash bonus | Company and individual performance (company states bonuses are discretionary and performance-based for named executive officers) | Not disclosed | Up to 125% of base | Not disclosed | Not disclosed | Cash (annual) . |
| Equity awards (RSUs/Options) | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Terms subject to Committee discretion; 75% of unvested time-based awards may be accelerated at company discretion if terminated without cause or resigning for Good Reason; performance-based awards forfeited in those cases . |
Clawback: Company has a clawback policy for recovering excess incentive compensation upon a material restatement (applies to current/former executive officers) .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial ownership | Greg James is not listed among named executive officers/directors in the beneficial ownership table as of the June 10, 2025 record date; no line-item ownership disclosed for him . |
| Vested vs. unvested | Not disclosed for Greg James (outstanding award table covers other executives as of year-end 2024) . |
| Options outstanding | Not disclosed for Greg James . |
| Pledging/hedging | Company policy prohibits short sales, derivatives/hedging involving company securities, and pledging or margining of company stock for directors, officers, and employees . |
| Ownership guidelines | Not disclosed for executives in 2025 proxy; director compensation philosophy disclosed without specific ownership guidelines . |
Employment Terms
| Term | Detail |
|---|---|
| Effective date and role | Effective July 7, 2025; Chief Operating Officer . |
| Agreement term | One-year term; auto-renews for successive one-year terms unless either party gives 30 days’ notice before term end . |
| Base and bonus | Base $325,000; bonus up to 125% of base . |
| Equity eligibility | RSUs and/or options at Compensation Committee discretion . |
| Severance (company termination without cause) | Six months of base salary; eligible for pro rata bonus; 75% of unvested time-based stock awards may be accelerated at company discretion; performance-based awards forfeited . |
| Severance (resignation for Good Reason) | Same as termination without cause (six months base; pro rata bonus; potential 75% acceleration of time-based equity at company discretion; performance-based forfeited) . |
| Termination for Cause | No compensation, pro rata bonus or benefits beyond amounts earned through termination date . |
| Change-in-control terms | Not disclosed in the 8-K/A; company states generally it has not entered arrangements providing payments/benefits upon change in control other than arrangements described (2022 NEO framework) . |
| Non-compete / Non-solicit | Not disclosed in the summary 8-K/A text; not specified in the appointment 8-K . |
| Related party transactions | Company states no related-party arrangements or family relationships for Mr. James in connection with his appointment . |
| Signatures | Agreement executed by CEO and Greg James; effective July 7, 2025 . |
Investment Implications
- Pay-for-performance structure with modest cash safety net: Base salary of $325k with up to 125% bonus and discretionary equity grants ties compensation to performance; severance of six months base (with potential time-based equity acceleration at company discretion) is comparatively moderate for a C-suite role, limiting golden-parachute risk but potentially elevating external poaching risk if performance-based payouts underdeliver .
- Alignment and governance: Prohibition on hedging/pledging and a formal clawback policy support shareholder alignment; absence of disclosed CIC multipliers or tax gross-ups reduces headline governance risk .
- Execution relevance: James’ deep hospitality operations and asset management background (including oversight of a >$3.5B, 100+ hotel portfolio) is directly relevant to Caliber’s hospitality platform and stated push for efficient capital and positive adjusted EBITDA, a potential driver of operating discipline and asset monetization cadence .
- Near-term trading signals: No specific equity grant sizes, vesting schedules, or Form 4 activity were disclosed for Mr. James as of the 8-K/A; monitor forthcoming equity grants, any 10b5-1 plans, and insider transactions for supply overhang or confidence signals. The beneficial ownership table as of June 10, 2025 does not include him (not a listed NEO or director as of record date) .
Sources: Appointment 8-K and press release (July 8, 2025) ; 8-K/A and Employment Agreement (July 15, 2025) ; 2025 Proxy (DEF 14A) for governance, ownership, and compensation framework .