Richard. J. Stockton, Ashford Senior Managing Director

Richard J. Stockton is the Chief Executive Officer and Member of the Board of Directors of Braemar Hotels & Resorts (NYSE: BHR), the Fund Manager for the Texas Strategic Growth Fund, and a Senior Managing Director of Ashford serving as Head of Acquisitions.  He joined Ashford in 2016.

In addition, he is currently a Trustee of SMTA Liquidating Trust, the successor entity to Spirit MTA REIT (NYSE: SMTA), where he served as the Lead Independent Director of the Board.  He is also currently a member of the Board of Governors of Downtown Dallas, Inc.

Mr. Stockton has nearly three decades of experience in real estate investing, investment banking, strategy, and investor relations. 

He spent the bulk of his career, 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 also served as co-head of the Asia Pacific Real Estate Banking Group, where 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 earned an MBA in Finance and Real Estate from The Wharton School, University of Pennsylvania and a BS from Cornell University, School of Hotel Administration.