Officers & Directors

Officers & Directors

Senior Management

Andrew M. Sims
Chairman & Chief Executive Officer
Andrew M. Sims is our chief executive officer and chairman of the board and has served in such capacity since our inception in August 2004. He served as President of SoTHERLY Hotels Services from 1995 until August 2004 after serving for seven years as Vice President of Finance and Development. As President of SoTHERLY Hotels Services, Mr. Sims oversaw company operations as well as the areas of accounting and finance, marketing, development and franchise relations. Andrew Sims is the brother of directors Kim and Christopher Sims. Mr. Sims serves as a director of SoTHERLY Hotels Services. Mr. Sims has a bachelor of science degree in commerce from Washington & Lee University.
David R. Folsom
President & Chief Operating Officer
David R. Folsom is our president and chief operating officer. He was appointed as president in January 2011 after previously serving as the company’s executive vice president since 2006. Mr. Folsom assists the chief executive officer in the execution of our strategic business plan and coordinates our capital raising and borrowing efforts, as well as sourcing and conducting due diligence on potential acquisitions to facilitate the Company’s growth. Prior to joining our Company, Mr. Folsom was Vice President of Paragon Real Estate, a Cleveland-based early stage real estate venture focusing on distressed multi-family assets in 2005. From 2001 to 2005, he was an investment banker with BB&T Capital Markets, where he served in the Real Estate Securities Group and Debt Capital Markets Groups. While at BB&T, Mr. Folsom participated in over 70 equity, debt and preferred stock underwritings, as well as financial advisory transactions across many industries. He was a member of the lead underwriting team that took our Company public in 2004. Mr. Folsom served as a commissioned officer in the U.S. Marine Corps, is a graduate of the U.S. Naval Academy, and received a master of business administration degree from Georgetown University.
Anthony E. Domalski
Vice President & Chief Financial Officer
Anthony E. Domalski is our Vice President & Chief Financial Officer. He joined our Company in May 2005 and was appointed an officer by the board of directors in July 2006. A certified public accountant, he is responsible for financial and tax reporting. From 2001 to 2005, Mr. Domalski served as Chief Financial Officer for SwissFone, Inc., a Washington, DC based telecommunications company, where he assisted in a management-led buyout of the U.S. international wholesale division from Swisscom, AG. Prior to his tenure at SwissFone, Inc., Mr. Domalski held several other senior financial positions in the telecommunications and hospitality industry and spent nine years at a local public accounting firm. Mr. Domalski is a member of the American Institute of Certified Public Accountants. Mr. Domalski received bachelor of science degree in accounting and finance from the University of Maryland.

Board of Directors

David R. Folsom
David R. Folsom is our president and chief operating officer. He was appointed as president in January 2011 after previously serving as the company’s executive vice president since 2006. Mr. Folsom assists the chief executive officer in the execution of our strategic business plan and coordinates our capital raising and borrowing efforts, as well as sourcing and conducting due diligence on potential acquisitions to facilitate the Company’s growth. Prior to joining our Company, Mr. Folsom was Vice President of Paragon Real Estate, a Cleveland-based early stage real estate venture focusing on distressed multi-family assets in 2005. From 2001 to 2005, he was an investment banker with BB&T Capital Markets, where he served in the Real Estate Securities Group and Debt Capital Markets Groups. While at BB&T, Mr. Folsom participated in over 70 equity, debt and preferred stock underwritings, as well as financial advisory transactions across many industries. He was a member of the lead underwriting team that took our Company public in 2004. Mr. Folsom served as a commissioned officer in the U.S. Marine Corps, is a graduate of the U.S. Naval Academy, and received a master of business administration degree from Georgetown University.
Herschel J. Walker
Mr. Herschel J. Walker serves as the President of American Consolidated Management Group Inc. and also served as its Chief Executive Officer. Mr. Walker is the Founder of H. Walker Enterprises, LLC and its subsidiary, Renaissance Man Food Services, LLC, a certified Minority Business Entity and has served as Chief Executive Officer of each business since 2002. He was appointed to American Consolidated Management Group Inc. Board in 2001. He has been the Chairman of Renaissance Man, Inc., a Texas corporation ('RMI') since 2000. He has been a Director of American Consolidated Management Group Inc. since 2001. He has been actively involved with RMI as a Shareholder and Director since its creation in 1997. His principal occupation for the past five years has been acting as Spokesman for the health drink Aloe Lu Ya and serving as an Officer and Director of RMI. He serves as a Director of Sotherly Hotels Inc. the General Partner of Sotherly Hotels LP since 2015. He enjoyed an extremely successful career as a Professional Football Player. He is a Member of HealthSouth's Sports Medicine Counsel. He played football for the University of Georgia from 1980 to 1982, where he was a three-time All American and a recipient of the Heisman Trophy. During his professional football career from 1983 to 1997, he played for the New Jersey Generals, Dallas Cowboys, Minnesota Vikings, Philadelphia Eagles and New York Giants and was selected to the USFL All-Star team in 1985 and the NFL Pro-Bowl in 1987 and 1988. He was a member of the two-man U.S bobsled team for the 1992 Winter Olympics and is undefeated in professional mixed martial arts. Mr. Walker received a Bachelor of Science Degree in Criminal Justice from the University of Georgia.
Andrew M. Sims
Chairman
Andrew M. Sims is our chief executive officer and chairman of the board and has served in such capacity since our inception in August 2004. He served as President of SoTHERLY Hotels Services from 1995 until August 2004 after serving for seven years as Vice President of Finance and Development. As President of SoTHERLY Hotels Services, Mr. Sims oversaw company operations as well as the areas of accounting and finance, marketing, development and franchise relations. Andrew Sims is the brother of directors Kim and Christopher Sims. Mr. Sims serves as a director of SoTHERLY Hotels Services. Mr. Sims has a bachelor of science degree in commerce from Washington & Lee University.
Edward S. Stein
Lead Director
Edward S. Stein became a director upon completion of our initial public offering in December 2004 and is chairman of the NC&C Committee and is a member of the audit committee. He is a founding partner of the Norfolk, Virginia law firm of Weinberg and Stein. Mr. Stein has practiced law in the areas of real estate, estate planning, probate, corporate law, business law and licensing since 1974. He is admitted to the Virginia Bar and is a member of the Norfolk and Portsmouth, Virginia Bar Associations. Mr. Stein received a bachelor of arts degree from Harvard University and a juris doctor degree from the University of Virginia School of Law.

The board of directors concluded that Mr. Stein has the relevant professional experience and skills to serve as director of the Company because he has spent thirty-five years practicing business, tax, and corporate law and had served effectively as counsel for fourteen years to SoTHERLY Hotels Services. Mr. Stein also has developed and rehabilitated real estate and has experience in venture capital transactions.

Maria L. Caldwell
Ms. Maria L. Caldwell is the Chief Legal Officer and Director of Compliance Services of the National Association of State Boards of Accountancy (NASBA), and has served in that capacity and others since 2003. Ms. Caldwell served as the general counsel for Sirrom Capital Corporation from 1996 to 1999, where she managed Sirrom’s initial public offering, numerous follow-on public equity and debt offerings, and an aggregate of over $300 million in private loan closings. In addition, she developed and managed the corporate governance program, managed SEC reporting and investor relations, and advised the board on a range of matters. Ms. Caldwell has also practiced law with both Bass, Berry & Sims and Gibson, Dunn & Crutcher in the areas of securities law, mergers and acquisitions, real estate, and corporate law. Ms. Caldwell is a current member of the Tennessee Bar and a former member of the State Bar of California. She received a juris doctor degree from Duke University School of Law and a bachelor of arts degree in economics from Fairfield University. She is Director at Sotherly Hotels Inc. since April 30, 2019.
George Scott Gibson IV
Mr. George Scott Gibson IV, Ph.D. is the Zollinger Professor of Finance. Mr. Gibson joined the faculty of the William and Mary Mason School of Business in 2005. From 2001 to 2005, he served as a Professor at the Cornell University School of Hotel Administration, where he continues as an Online Executive Education Instructor. Since 2005, he has served on the editorial board of Cornell Hotel and Restaurant Administration Quarterly. His research has appeared in leading hospitality, real estate and finance journals and in the financial press, including the Wall Street Journal, Financial Times, New York Times, Barons, Business Week and Bloomberg. He was a professor at the University of Minnesota Carlson School of Management from 1996 to 2001. Prior to his academic career, he worked as an analyst with Fidelity Investments from 1987 to 1988 and as a credit team leader serving Fortune 500 clientele with HSBC Bank from 1988 to 1991. He has been Director of Sotherly Hotels Inc. since April 25, 2017. He serves as a Director of Sotherly Hotels Inc. the General Partner of Sotherly Hotels LP. Mr. Gibson holds a Bachelor of Science degree in finance from Boston College and a doctor of philosophy in finance from Boston College.
Anthony Charles Zinni
General Anthony C. Zinni became a director in December 2004 upon completion of our initial public offering and is a member of the NC&C Committee. General Zinni has been a director at BAE Systems since 2001and served as Chief Executive Officer on an interim basis during 2009. General Zinni also served as a director of DynCorp International from 2006-2008 and served as the Executive Vice President of DynCorp International from July 2008-December 2008. He retired from the U.S. Marine Corps after 39 years of service in October 2000. During his military career, General Zinni served as the Commanding General, First Marine Expeditionary Force from 1994 to 1996, and as Commander-in-Chief, U.S. Central Command from 1997 to 2000. General Zinni has participated in numerous humanitarian operations and Presidential diplomatic missions. In November 2001, General Zinni was appointed senior adviser and U.S. envoy to the Middle East by Secretary of State Colin Powell. Since November 2000, General Zinni has consulted in the areas of defense, military, national security, foreign policy and regional issues. Since 2008, he has served as a professor at Cornell University. In 2008, he also served as a professor at Duke University. General Zinni received a bachelor of arts degree in economics from Villanova University. He also earned a master of arts degree in international relations from Salve Regina College, a master of science degree in management and supervision from Central Michigan University, and honorary doctorate degrees from both William and Mary College and the Marine Maritime Academy.

The board of directors concluded that General Zinni has the relevant professional experience and skills to serve as director of the Company because he is a skilled and experienced leader who has a strong background in corporate governance. General Zinni’s leadership experience includes almost forty years in the U.S. Marine Corps and, most recently, as a director and executive officer of BAE Systems and DynCorp International, two large global security and defense public companies. General Zinni has served on four private company boards in addition to his public company board involvement.