Wesley R. Edens
Chairman of the Board
Mr. Edens has been Chairman of our Board of Directors since inception. He also served as our Chief Executive Officer from inception until February 2007. Mr. Edens is a principal and a Co-Chairman of the Board of Directors of Fortress Investment Group LLC and member of the Management Committee of Fortress since co-founding Fortress in May 1998. Mr. Edens is responsible for the private equity and publicly traded alternative investment businesses of Fortress Investment Group LLC.
Prior to co-founding Fortress in 1998, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers.
William J. Clifford
Mr. Clifford has been a member of our Board of Directors and a member of our Audit Committee and chairman of our Nominating and Corporate Governance Committee since June 2018.
Mr. Clifford served as the Senior Vice President, CFO and Treasurer of Gaming and Leisure Properties, Inc., a gaming-focused real estate investment trust, from February 2013 through 2018. From 2001 to 2013, Mr. Clifford served as Senior Vice President of Finance and Chief Financial Officer of Penn National Gaming, Inc., an operator of gaming and racing facilities. Prior to his employment with Penn National Gaming, Inc., Mr. Clifford served in various operational finance roles for a variety of casinos in Las Vegas and the Bahamas. In addition, Mr. Clifford served as a member of the board of directors and chairman of the audit committee of Intrawest Holdings, Inc. from 2014 - 2017.
Virgis W. Colbert
Mr. Colbert has been a member of our Board of Directors and a member of the Audit Committee and Compensation Committee of our Board of Directors since April 2019.
Mr. Colbert is a Senior Advisor to MillerCoors LLC and has served in a variety of key leadership positions with Miller Brewing Company since 1979, including Executive Vice President of Worldwide Operations from 1997 to 2005 and Senior Vice President of Operations from 1993 to 1997. Mr. Colbert is a member of the Board of Directors of The NASDAQ Stock Market LLC, NASDAQ PHLX LLC, NASDAQ BX, Inc., International Securities Exchange, LLC, ISE Gemini, LLC and ISE Mercury, LLC. Mr. Colbert also serves on the board of STAG Industrials, Inc. and New Senior Investment Group. Mr. Colbert has previously served on the boards of Lorillard, Inc., where he was Lead Independent Director (from 2008 to 2015), Delphi Corp. (from 1999 to 2006), Merrill Lynch & Co. Inc. (from 2006 to 2008), Bank of America Corp. (from 2009 to 2013), Stanley Black & Decker (from 2002 to 2013), the Sara Lee Corporation and its successor The Hillshire Brands Company (from 2006 to 2013) and The Manitowoc Company, Inc. (from 2001 to 2012). He is Chairman Emeritus of the board for the for the Thurgood Marshall College Fund and former Chairman of the board of trustees for Fisk University. He is a life member of the National Association for the advancement of Colored People. As a result of these and other professional experiences, Mr. Colbert has particular knowledge of and extensive experience in public company board practices and in the management and oversight of a regulated public company, including operations, supply chain logistics, engineering, information technology and strategic growth.
Benjamin M. Crane
Mr. Crane has been a member of our Board of Directors and a member of the Nominating and Corporate Governance Committee and Compensation Committee of our Board of Directors since April 2019.
Mr. Crane is an American professional golfer, who has been a member of the PGA tour since December 2001, when he was awarded his PGA tour card for 2002. Mr. Crane is actively involved in several charities, including the Crane Foundation, which he started with his wife Heather. The purpose of the Crane Foundation is to help others reach new heights and levels of achievement and spirituality in their lives through gifts, grants and additional resources. His charity also supports several other charities including the College Golf Fellowship, Forward Edge International, H.O.P.E Farm Inc., Love146 Inc., the St. Bernard Project and Young Life. Mr. Crane received his B.A. from the University of Oregon.
President, Chief Executive Officer & Director
Hana Khouri has served as Drive Shack Inc.’s Chief Executive Officer since November 2019 and President since August 2019. She has been a member of the Company’s Board of Directors since June 2021.
Prior to joining Drive Shack Inc., Ms. Khouri served as Chief of Staff to the Chief Executive Officer of New Fortress Energy from July 2018 through August 2019. From July 2013 through July 2018, Ms. Khouri held various positions at Topgolf, a golf themed entertainment company, including International Director of Operations, National Director of Operations, National Director of Site Openings and Director of Operations. During her tenure at Topgolf, Ms. Khouri opened over 20 venues globally, including the company's flagship venue in Las Vegas and its first international location in Australia. Ms. Khouri has extensive experience in the entertainment industry having also worked at House of Blues, a national chain of live music and entertainment venues and a division of Live Nation Entertainment, where she led efforts for city wide concerts and events and developed strategic partnerships for the brand.
Stuart A. McFarland
Mr. McFarland has been a member of our Board of Directors since October 2002 and chairman of our Audit Committee since November 2002.
Mr. McFarland was Chairman of Federal City Bancorp, Inc., a Managing Partner of Federal City Capital Advisors, LLC and President and Chief Executive Officer of Pedestal Inc., an internet secondary mortgage market trading exchange. Mr. McFarland was Executive Vice President and General Manager of GE Capital Mortgage Services and President and CEO of GE Capital Asset Management Corporation from 1990 to 1995. Prior to GE Capital, Mr. McFarland was President and CEO of Skyline Financial Services Corp. Before joining Skyline, Mr. McFarland was President and CEO of National Permanent Federal Savings Bank in Washington, D.C. Prior to that, Mr. McFarland was Executive Vice President – Operations and Chief Financial Officer with Fannie Mae (Federal National Mortgage Association). From 1972 to 1981, he was President and Director of Ticor Mortgage Insurance Company in Los Angeles, California. Mr. McFarland presently serves as the Lead Independent Director of the Brandywine Funds and a director of the Brookfield HELIOS Funds. Mr. McFarland also serves as a Director and Member of the Executive Committee of the Center for Housing Policy and is a member of the Trustees Council of the National Building.
Mr. Sbarbaro has been a member of our Board of Directors since April 2022.
Mr. Sbarbaro brings to the Board over 21 years of experience in the golf industry. Since 1999, he has worked in a variety of roles at TaylorMade Golf Company where he is currently an executive in the global tour operations function. He has represented TaylorMade as lead representative to a variety of top-ranked PGA tour golfers. Mr. Sbarbaro’s has extensive knowledge, skill, expertise and experience in the industry, as well as connections to the game of golf and its followers. Mr. Sbarbaro holds a bachelor’s degree from Arizona State University, from which he graduated in 1993, and was a member of the 1990 NCAA championship team.