Amina Belouizdad Porter
About Amina Belouizdad Porter
Independent director at Summit Hotel Properties, Inc. (ticker INN) since May 2021; age 41 as of the 2025 annual meeting. She is currently a member of the Compensation Committee and the Nominating and Corporate Governance Committee. Porter is CEO of PS (formerly The Private Suite), a private airport terminal operator; she was Co-CEO from 2018–2022 and became sole CEO in 2023; PS was acquired by Groupe ADP in 2024. Education: B.Comm (Finance) from McGill and MBA (Finance & Real Estate) from Wharton; born in Algeria, lived across UAE, Canada, China, and U.S., speaks five languages .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| PS (The Private Suite) | Co-CEO | Aug 2018–Dec 2022 | Led high-growth, PE-backed operator of private airport terminals |
| Lionstone Investments | Senior Director | 2013–Jul 2018 | Executed over $1 billion in U.S. real estate transactions |
| China’s first boutique hotel brand | Director | ~6 years (prior to 2013) | Oversaw development and growth in China hospitality |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| PS (The Private Suite) | Chief Executive Officer | Jan 2023–present | PS acquired by Groupe ADP in 2024 |
Board Governance
- Independence: Board determined Porter is independent under NYSE standards .
- Committees: Compensation Committee (member); Nominating & Corporate Governance Committee (member) .
- Attendance: Each current director attended at least 75% of Board and applicable committee meetings in 2024 .
- Years of service: Director since May 2021 .
- Board structure context: Independent Chair; 88% of nominees independent; 25% female nominees; independent executive sessions held regularly .
Fixed Compensation (Director)
| Component | Amount/Detail | Source |
|---|---|---|
| Annual cash retainer | $60,000 | |
| Committee fees – Compensation (member) | $10,000 | |
| Committee fees – Nominating & Corporate Governance (member) | $7,500 | |
| Total cash fees (2024) | $77,500 | |
| Annual equity grant (2024) | 18,213 fully vested shares (fixed value formula ≈$110,000) granted May 28, 2024 | |
| Stock awards value (2024) | $109,642 | |
| Meeting fees | None (retainer-only design) | |
| Non-employee director consultant | FW Cook engaged annually for competitive analysis |
Performance Compensation (Director)
- No performance-based pay elements for directors; equity grants are fully vested at grant; no options/RSUs outstanding for directors .
Other Directorships & Interlocks
| Item | Detail |
|---|---|
| Service on other U.S. public company boards | None (N/A in nominee table) |
| Compensation committee interlocks | None; no member (including Porter) is/was an employee; no interlocking relationships with other companies’ comp committees during the past fiscal year |
Expertise & Qualifications
- CEO/operator experience in premium travel services (airport terminals) and hospitality operations .
- Real estate and finance expertise (Senior Director at Lionstone; Wharton MBA) with >$1B execution track record .
- International operating experience (6 years in China; multilingual) .
- Academic credentials: McGill B.Comm (Finance); Wharton MBA (Finance & Real Estate) .
Equity Ownership
| Metric | Value | Notes |
|---|---|---|
| Beneficial ownership (common shares) | 56,132 shares | As of Mar 31, 2025 |
| Shares outstanding (reference) | 111,381,527 | As of Mar 5, 2025 |
| Ownership as % of outstanding | ~0.05% | Calculated from 56,132 / 111,381,527 |
| Options/RSUs outstanding | None for directors | “No director currently holds any Company options, restricted stock or RSUs” |
| Hedging/Pledging | Hedging prohibited; pledging prohibited absent pre-approval; no director or executive officer has pledged securities | |
| Director ownership guidelines | 5x annual cash retainer; retain 50% of net after-tax shares until compliant | |
| Compliance with guidelines | Company states all non-employee directors currently meet/exceed required level |
Governance Assessment
-
Strengths
- Independent director with active roles on Compensation and Nominating & Governance committees; independence affirmed by Board .
- Attendance threshold met (≥75% in 2024) and Board conducts regular executive sessions without management .
- Alignment mechanisms: meaningful equity component for directors; robust anti-hedging/anti-pledging policy; stringent 5x retainer ownership guideline; company reports all non-employee directors meet guidelines .
- No related person transactions in 2024; Nominating & Governance Committee oversees conflicts and related-party approvals .
- Compensation governance environment: 2024 say-on-pay approval ~97%, indicating broad shareholder support of pay practices .
-
Potential watch items (not red flags)
- Significant external commitment as CEO of PS (acquired by Groupe ADP in 2024); continue to monitor time/engagement and any potential future related-party interactions; none disclosed in 2024 .
-
Red flags observed: None disclosed — no pledging, no related-party transactions, no compensation committee interlocks, and independence affirmed .
Notes on Board/Committee Activity (Context)
- 2024 meetings: Board met 4x in person and 6x via video; Audit 4x in person + 3x via video; Compensation 4x in person; Nominating & Governance 4x in person .
- Board structure: Independent Chair; 88% independent nominees; 25% female nominees; majority vote with resignation policy in uncontested elections .
Director Compensation Summary (2024)
| Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| Amina Belouizdad Porter | 77,500 | 109,642 | 187,142 |
Section 16 Compliance
- The company reports all Section 16(a) reporting requirements for directors and officers were satisfied in 2024 .