Al Shams targets Braemar board control with majority slate of independent director nominees

Board nomination deadline set for Sept. 14, following the company’s Sept. 4 annual meeting date announcement.

Al Shams criticized the shortened nomination window as a governance tactic, citing broader concerns about governance and the external management structure.

Five nominees are expected to be disclosed shortly, with submissions planned within the required timeframe.

Al Shams, Braemar Hotels & Resorts’ largest shareholder, signaled a proxy fight ahead of the 2026 annual meeting.

Investor plans to nominate a majority slate of independent directors, targeting a change in control of the board.