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Mr. Rahm has served as a Director since 2013. Mr. Rahm is a Senior Managing Director of Centerbridge Partners, L.P., which he joined at its inception in 2006. He currently leads the firm’s real estate investment activities. Prior to joining Centerbridge, Mr. Rahm was a member of Blackstone’s real estate private equity group, where he completed investments in lodging businesses and real estate assets. Mr. Rahm currently serves on the Boards of Directors of Great World Resorts, Inc., Merit Hill Holdings REIT LLC, Radius Global Infrastructure, Inc., where he also serves on the Compensation Committee, and Suntex Marina Investors LLC, where he serves on the Compensation Committee. Mr. Rahm previously served on the Board of Directors of Carefree Communities, Inc., and Extended Stay America, Inc. Mr. Rahm graduated cum laude from Yale College. He received his J.D. cum laude from Harvard Law School and his M.B.A. with distinction from Harvard Business School. In determining that he should serve as a director, the Board considered Mr. Rahm’s extensive experience in real estate and investments and his significant understanding of issues and risks that affect the Company.