More information, please!

Upscale hotel REIT Strategic Hotel Capital (SLH) disclosed in its recent Q that it has taken a $640,000 charge to cover a severance agreement with Tanya Geller, daughter of the company’s CEO, Laurence Geller. But other than the brief sentence in the 400-plus page filing disclosing the charge, the company provides few details. For example, it’s not clear how the severance corresponds to Tanya’s salary, since she’s not listed in any proxy. Nor is there an employment contract included in any of the company’s prior SEC filings. It’s not even clear from the filings whether she’s still working for the company. A quick Google search lists Tanya as holding the title of managing director and senior vice president for Europe back in September. But investors deserve a few more details, given the father-daughter relationship.