Caliber Announces Board Transition, Nominates J. Alan Reid, Jr.

Dan Hansen and Michael Trzupek will not stand for re-election at the company's upcoming annual meeting.

Mar. 31, 2026 at 10:34pm

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Caliber, a diversified real estate and digital asset management platform, announced that J. Alan Reid, Jr. has been nominated to join its Board of Directors as an independent director. The company also announced that Dan Hansen and Michael Trzupek will not stand for re-election at the upcoming annual meeting of shareholders, expected to be held on May 14, 2026.

Why it matters

The board transition is part of Caliber's ongoing efforts to strengthen its governance and oversight as the company continues to grow its real estate and digital asset management platform. The nomination of J. Alan Reid, Jr., a veteran in asset management and financial innovation, is expected to bring valuable expertise and perspective to the board.

The details

Following the annual meeting and subject to shareholder approval, Caliber's board is expected to consist of five members, including three independent directors. Dan Hansen has elected not to stand for re-election as his responsibilities have expanded at Hyatt, where he serves as Global Head of Growth Strategy and Operations. Michael Trzupek has also elected not to stand for re-election after many years of service, as he has taken on increased responsibilities as Chief Financial Officer of Xanadu, a publicly traded quantum computing company.

  • Caliber's annual meeting of shareholders is expected to be held on May 14, 2026.
  • Dan Hansen and Michael Trzupek will not stand for re-election at the upcoming annual meeting.

The players

J. Alan Reid, Jr.

A veteran in asset management, governance, and capital markets, with over three decades of experience. He has recently served as an independent board member of Caliber Hospitality Trust, Inc., a fund managed by the company, and has been actively involved in emerging areas of financial innovation, including governance technology and digital assets.

Dan Hansen

A former Caliber board member who has elected not to stand for re-election as his responsibilities have expanded significantly in his leadership role at Hyatt, where he serves as Global Head of Growth Strategy and Operations.

Michael Trzupek

A former Caliber board member who has elected not to stand for re-election following many years of service to the company, as he has taken on increased responsibilities as Chief Financial Officer of Xanadu, a publicly traded quantum computing company.

Chris Loeffler

The Chief Executive Officer of Caliber.

Caliber (CaliberCos Inc.)

A real estate-focused alternative asset manager with over $2.6 billion in managed assets and a 17-year track record investing in middle-market hospitality and multifamily real estate.

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What they’re saying

“Dan and Michael have each played important roles in Caliber's evolution over many years, first as advisors and then as directors. We are grateful for their guidance, experience, and long-standing commitment to the Company.”

— Chris Loeffler, Chief Executive Officer of Caliber

“Alan brings a unique combination of institutional experience and forward-looking perspective that aligns with where Caliber is headed. He understands our business, has seen our evolution firsthand, and adds valuable expertise in scaling asset management platforms and navigating the future of financial markets.”

— Chris Loeffler, Chief Executive Officer of Caliber

“I am excited to join Caliber's Board of Directors at this stage of the Company's growth. I believe Caliber has built a differentiated platform, and I look forward to working with the Board and management team to support its next phase of development.”

— J. Alan Reid, Jr.

What’s next

Following the annual meeting and subject to shareholder approval, Caliber's independent directors are expected to be J. Alan Reid, Jr., Lawrence Taylor, and Bill Gerber.

The takeaway

Caliber's board transition is a strategic move to strengthen its governance and oversight as the company continues to grow its real estate and digital asset management platform. The nomination of J. Alan Reid, Jr., a veteran in asset management and financial innovation, is expected to bring valuable expertise and perspective to the board, positioning Caliber for its next phase of development.