Apple Hospitality REIT (APLE) consolidates CFO and principal accounting officer roles
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Apple Hospitality REIT, Inc. reported a leadership change in its finance function. On June 10, 2026, Senior Vice President and Chief Financial Officer Elizabeth S. Perkins was appointed as the company’s principal accounting officer, consolidating both roles under her responsibility.
Perkins succeeds Rachel Labrecque, who served as principal accounting officer and passed away on June 9, 2026. The company notes there is no arrangement or understanding with other persons regarding Perkins’ appointment, no related‑party transactions requiring disclosure, no family relationships with directors or executives, and no changes to compensation plans or arrangements for her as a result of this new role.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Appointment date: June 10, 2026
Date of prior officer’s passing: June 9, 2026
Filing reference date for biography: April 2, 2026
3 metrics
Appointment date
June 10, 2026
Elizabeth S. Perkins appointed principal accounting officer
Date of prior officer’s passing
June 9, 2026
Rachel Labrecque, former principal accounting officer
Filing reference date for biography
April 2, 2026
Schedule 14A proxy statement with Perkins’ biographical information
Key Terms
principal accounting officer, Item 5.02, Regulation S-K, emerging growth company
4 terms
principal accounting officer financial
"was appointed as, and assumed the additional role of, the Company’s principal accounting officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
Item 5.02 regulatory
"is filing this report in accordance with Item 5.02"
Regulation S-K regulatory
"any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
emerging growth company regulatory
"Emerging growth company Apple Hospitality REIT, Inc."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What leadership change did Apple Hospitality REIT (APLE) disclose in this 8-K?
Apple Hospitality REIT disclosed that Senior Vice President and Chief Financial Officer Elizabeth S. Perkins was appointed principal accounting officer on June 10, 2026. This consolidates the company’s CFO and principal accounting officer responsibilities under a single executive leader.
Who did Elizabeth Perkins replace as principal accounting officer at APLE?
Elizabeth Perkins replaced Rachel Labrecque as principal accounting officer at Apple Hospitality REIT. The filing states that Ms. Labrecque passed away on June 9, 2026, and notes the company’s expression of condolences to her family and recognition that she will be greatly missed.
Are there family relationships between Elizabeth Perkins and APLE’s directors or executives?
The company states that Elizabeth Perkins has no family relationships with any of Apple Hospitality REIT’s directors or executive officers. This disclosure helps clarify that her appointment as principal accounting officer does not involve family ties within the leadership team, supporting standard governance practices.
Did APLE change Elizabeth Perkins’ compensation plans due to this new role?
Apple Hospitality REIT reports that no changes have been made to any plans or arrangements in which Elizabeth Perkins participates as a result of this appointment. Her existing compensation and benefit arrangements remain in place despite assuming the additional principal accounting officer responsibilities.
Where can investors find Elizabeth Perkins’ biographical information for APLE?
Investors can find Elizabeth Perkins’ biographical information in Apple Hospitality REIT’s definitive proxy statement on Schedule 14A filed with the SEC on April 2, 2026. The 8-K explicitly incorporates that proxy statement information by reference instead of repeating her background in full.