Mr. Stockton has served as Chief Executive Officer of Braemar Hotels & Resorts since November 2016 and as President since April 2017. He brings a wealth of real estate experience and accomplishments to Braemar Hotels. He spent over 15 years at Morgan Stanley in real estate investment banking where he rose from an Associate to Managing Director and regional group head. At Morgan Stanley, he was head of EMEA Real Estate Banking in London, executing business across Europe, the Middle East, and Africa. He was also appointed co-head of the Asia Pacific Real Estate Banking Group, he was responsible for a team across Hong Kong, Singapore, Sydney and Mumbai. He left Morgan Stanley in 2013 to become President & CEO-Americas for OUE Limited, a publicly listed Singaporean property company with over $5 billion in assets. Most recently, Richard served as Global Chief Operating Officer for Real Estate at Carval Investors, a subsidiary of Cargill with approximately $1 billion in real estate investments in the US, Canada, United Kingdom and France. Mr. Stockton received an MBA in Finance and Real Estate from The Wharton School, University of Pennsylvania and a BS from Cornell University, School of Hotel Administration.