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Target Hospitality (TH) names Paul Hohnsbeen independent director to board

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Target Hospitality Corp. appointed Paul Hohnsbeen, age 70, to its Board of Directors effective May 5, 2026, with his term running until the company’s 2027 Annual Meeting of Stockholders. He will serve as an independent director and join the Nominating and Corporate Governance Committee.

Hohnsbeen is a senior digital infrastructure and real estate executive with more than three decades of experience, including leadership roles at Aligned Data Centers, Equinix and several global financial institutions. He will receive the same compensation as other non-employee directors and enter into the company’s standard director and officer indemnification agreement.

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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.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Director age 70 years Age of new director Paul Hohnsbeen
Appointment effective date May 5, 2026 Effective date of Hohnsbeen’s board appointment
Board service term Until 2027 Annual Meeting Term of service for new director
Industry experience More than three decades Hohnsbeen’s experience in digital infrastructure and real estate
independent director financial
"Mr. Hohnsbeen will serve as an independent director and as a member"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Nominating and Corporate Governance Committee financial
"will serve as an independent director and as a member of the Nominating and Corporate Governance Committee"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.
director and officer indemnification agreement financial
"will also enter into the Company’s standard director and officer indemnification agreement"
Annual Meeting of Stockholders financial
"until his current term expires as of the date of the Company’s 2027 Annual Meeting of Stockholders"
emerging AI-enabled workflows technical
"including real estate development, construction, energy infrastructure, and emerging AI-enabled workflows"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): May 5, 2026

 

 

TARGET HOSPITALITY CORP.

(Exact Name of Registrant as Specified in Its Charter)

 

 

001-38343
(Commission File Number)

 

Delaware   98-1378631
(State or Other Jurisdiction of Incorporation)   (I.R.S. Employer Identification No.)

 

9320 LAKESIDE BLVD., SUITE 300

THE WOODLANDS, Texas 77381

(Address of principal executive offices, including zip code)

 

(832) 709-2563

(Registrant’s telephone number, including area code)

 

NOT APPLICABLE

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbol(s)
  Name of each exchange on which
registered
Common stock, par value $0.0001 per share   TH   NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

 Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 5, 2026, the Board of Directors (the “Board”) of Target Hospitality Corp. (the “Company”) appointed Paul Hohnsbeen, age 70, to serve as a member of the Board, effective immediately until his current term expires as of the date of the Company’s 2027 Annual Meeting of Stockholders. Mr. Hohnsbeen will serve as a member of the Nominating and Corporate Governance Committee of the Board and qualifies as an independent director under the independence standards established by the Nasdaq Stock Market. The Company announced the appointment of Mr. Hohnsbeen in its May 7, 2026 press release, a copy of which is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

 

Mr. Hohnsbeen is a senior digital infrastructure and real estate executive with more than three decades of experience operating at scale in capital-intensive, highly complex environments. Since 2022, Mr. Hohnsbeen has served as Chief Operations Officer of Aligned Data Centers, where he plays a company-wide leadership role supporting strategic planning, organizational development, and executive decision-making across design, construction, operations, real estate, power strategy, and information technology. From 2016 to 2021, Mr. Hohnsbeen served as Vice President, IBX Operations Europe, the Middle East and Africa at Equinix, where he oversaw operations across 16 countries. From 2013 to 2015, he served as Director, Business Strategy, Engineering Excellence Group at Laing O’Rourke, and from 2010 to 2012 he served as Group Chief Operating Officer of Global Switch. From 2009 to 2010, Mr. Hohnsbeen served as Executive Program Director at KEO International Consultants, and from 2002 to 2008 he held various executive positions at Lehman Brothers, including Executive Director, Private Equity Real Estate and Executive Director and European Head, Corporate Real Estate. Earlier in his career, Mr. Hohnsbeen held senior real estate and program leadership roles at Deutsche Bank, Morgan Stanley, Gregotti Associati International and Skidmore, Owings & Merrill. Mr. Hohnsbeen earned a Bachelor of Arts in Architecture from the University of California, Berkeley.

 

Mr. Hohnsbeen will receive compensation for his Board and committee memberships on the same basis as the Company’s other non-employee directors, as described in the Company’s Definitive Proxy Statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission (the “Commission”) on April 7, 2026.  Mr. Hohnsbeen will also enter into the Company’s standard director and officer indemnification agreement, the form of which was previously filed by the Company as Exhibit 10.6 to the Company’s Current Report on Form 8-K, filed with the Commission on March 21, 2019.

 

There are no arrangements or understandings between Mr. Hohnsbeen and any other persons pursuant to which he was appointed as a director. There are no transactions between Mr. Hohnsbeen and the Company that would require disclosure pursuant to Item 404(a) of Regulation S-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)  Exhibits

 

Exhibit No.   Exhibit Description
99.1   Press Release dated May 7, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

  Target Hospitality Corp.
   
  By: /s/ Heidi D. Lewis
Dated: May 7, 2026   Name: Heidi D. Lewis
    Title:   Executive Vice President, General Counsel and Secretary

 

 

 

Exhibit 99.1

 

Target Hospitality Announces Board Appointment Focused on Advancing Strategic Growth Initiatives

 

THE WOODLANDS, Texas, May 7, 2026 (PRNewswire) - Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the appointment of Paul Hohnsbeen to its Board of Directors, effective May 5, 2026. Mr. Hohnsbeen will serve as an independent director and as a member of the Nominating and Corporate Governance Committee.

 

Mr. Hohnsbeen brings deep expertise across the data center ecosystem, including real estate development, construction, energy infrastructure, and emerging AI-enabled workflows. His experience will provide valuable insight as Target evaluates a growing pipeline of opportunities to strengthen its position in high-value end markets.

 

“We are pleased to welcome Paul as a new independent director to the Target Hospitality board. His extensive expertise will bring valuable perspective as we continue to expand in strategic end markets, including AI-driven data center and related critical infrastructure development. His appointment reflects our focus on high-growth end markets with strong structural demand, which we believe will drive durable long-term value creation,” stated Brad Archer, President and Chief Executive Officer.

 

Mr. Hohnsbeen is a senior digital infrastructure and real estate executive with more than three decades of experience operating at scale in capital-intensive, highly complex environments. Since 2022, Mr. Hohnsbeen has served as Chief Operations Officer of Aligned Data Centers, where he plays a company-wide leadership role supporting strategic planning, organizational development, and executive decision-making across design, construction, operations, real estate, power strategy, and information technology. From 2016 to 2021, Mr. Hohnsbeen served as Vice President, IBX Operations Europe, the Middle East and Africa at Equinix, where he oversaw operations across 16 countries. From 2013 to 2015, he served as Director, Business Strategy, Engineering Excellence Group at Laing O’Rourke, and from 2010 to 2012 he served as Group Chief Operating Officer of Global Switch. From 2009 to 2010, Mr. Hohnsbeen served as Executive Program Director at KEO International Consultants, and from 2002 to 2008 he held various executive positions at Lehman Brothers, including Executive Director, Private Equity Real Estate and Executive Director and European Head, Corporate Real Estate. Earlier in his career, Mr. Hohnsbeen held senior real estate and program leadership roles at Deutsche Bank, Morgan Stanley, Gregotti Associati International and Skidmore, Owings & Merrill. Mr. Hohnsbeen earned a Bachelor of Arts in Architecture from the University of California, Berkeley.

 

About Target Hospitality

 

Target Hospitality is one of North America’s largest providers of vertically integrated modular accommodations and value-added hospitality services in the United States. Target builds, owns and operates a customized and growing network of communities for a range of end users through a full suite of value-added solutions including premium food service management, concierge, laundry, logistics, security and recreational facilities services.

 

Investor Contact

Mark Schuck
(832) 702 – 8009
ir@targethospitality.com

 

 

FAQ

What did Target Hospitality (TH) announce in this 8-K filing?

Target Hospitality announced the appointment of Paul Hohnsbeen to its Board of Directors, effective May 5, 2026. He will serve as an independent director and join the Nominating and Corporate Governance Committee, focusing on helping guide the company’s strategy in high-value end markets.

Who is Paul Hohnsbeen, the new director at Target Hospitality (TH)?

Paul Hohnsbeen is a senior digital infrastructure and real estate executive with more than three decades of experience. He has held leadership roles at Aligned Data Centers, Equinix, Global Switch, Laing O’Rourke and major financial institutions such as Lehman Brothers, Deutsche Bank and Morgan Stanley.

What committee will Paul Hohnsbeen join at Target Hospitality (TH)?

Paul Hohnsbeen will serve on Target Hospitality’s Nominating and Corporate Governance Committee. This role involves contributing to board composition, governance practices and oversight, supporting the company as it evaluates opportunities in AI-driven data centers and other high-value infrastructure markets highlighted in the press release.

How long will Paul Hohnsbeen serve on the Target Hospitality (TH) board?

Paul Hohnsbeen was appointed to the board effective May 5, 2026, and will serve until the company’s 2027 Annual Meeting of Stockholders. After that meeting, his continued service would depend on stockholder actions and any subsequent board decisions under the company’s governance framework.

How will Paul Hohnsbeen be compensated as a Target Hospitality (TH) director?

Paul Hohnsbeen will receive compensation on the same basis as Target Hospitality’s other non-employee directors, as described in its April 7, 2026 Definitive Proxy Statement. He will also enter into the company’s standard director and officer indemnification agreement previously filed with the Securities and Exchange Commission.

Why does Target Hospitality (TH) highlight AI-driven data centers in this announcement?

Target Hospitality notes that Paul Hohnsbeen brings expertise in data center ecosystems, energy infrastructure and AI-enabled workflows. The company states his background will support its efforts to expand in strategic end markets, including AI-driven data center and related critical infrastructure development, which it views as high-growth areas.

Filing Exhibits & Attachments

4 documents