Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
In connection with the winding-up of the affairs of Condor Hospitality Trust,
Inc. (the "Company"), the Company will be simplifying its employee group, with
one person serving as the sole executive for the completion of the winding-up of
the Company's affairs.
(b) On December 13, 2021, Bill Blackham notified the Company that he will resign
from his positions as Chief Executive Officer and President of the Company
effective December 24, 2021 as part of the simplification. It is anticipated
that Mr. Blackham will remain a director of the Company.
On December 13, 2021, Jill Burger notified the Company that she will resign from
her positions as Interim Chief Financial Officer and Chief Accounting Officer of
the Company effective December 24, 2021.
(c) On December 25, 2021, Jill Burger will assume the positions of President,
Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer of
the Company.
Ms. Burger, age 49, joined the Company in February 2018 as Director of
Accounting. Since November 2020, Ms. Burger has served as the Company's Interim
Chief Financial Officer and Chief Accounting Officer. Prior to joining the
Company, Ms. Burger was employed with First National Bank of Omaha starting in
February 2014, serving as a Senior Finance Manager for the Consumer Banking
Group. Prior to First National Bank, Ms. Burger held multiple roles over an
eighteen-year period in Accounting and Finance at Infogroup, Inc. She has
extensive experience in managing accounting departments and providing financial
reporting for both public and privately held companies. She is a graduate of
the University of Northern Iowa and holds a Bachelor of Science degree in
Accounting.
Ms. Burger's salary is at a $140,000 annualized rate through June 30, 2022 and
then at a $50,000 annualized rate from July 1, 2022 until the winding-up of the
Company's affairs is completed.
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CONDOR HOSPITALITY TRUST, INC. 
