---
schema_version: "secwatch.filing_event.v1"
accession: "0000034903-24-000073"
form_type: "8-K"
ticker: null
cik: "0001901876"
company_name: "Federal Realty OP LP"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:56:46.788447+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Federal Realty President & COO Berkes to depart Dec 31; CEO Wood reassumes President role

## Summary
- President & COO Jeffrey S. Berkes departs effective Dec 31, 2024; position not backfilled.
- CEO Donald C. Wood reassumes additional role of President after Berkes' departure.
- Berkes receives severance per 2021 agreement; one-year consulting deal for acquisition activity.
- Expected Q4 2024 charge of ~$0.04/diluted share for net income and FFO.

## SEC filing metadata
- accession: 0000034903-24-000073
- form_type: 8-K
- cik: 0001901876
- company_name: Federal Realty OP LP
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901876/000003490324000073/0000034903-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34903/000003490324000073/frt-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034903-24-000073
- JSON: https://secwatch.observer/filing/0000034903-24-000073.json
- Plain text: https://secwatch.observer/filing/0000034903-24-000073.txt

## Key facts
- Executive change
  Jeffrey S. Berkes departed as President and Chief Operating Officer at Federal Realty OP LP.
  - Action: depart
  - Role: President and Chief Operating Officer
  source text: On November 15, 2024, Federal Realty Investment Trust (the “Company”) reported that Jeffrey S. Berkes, the Company’s President and Chief Operating Officer, will depart from the Company effective as of December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901876/000003490324000073/0000034903-24-000073-index.htm
- Executive change
  Donald C. Wood changed role as President at Federal Realty OP LP.
  - Action: reassume
  - Role: President
  source text: Concurrently with Mr. Berkes’ departure, Donald C. Wood, the Company’s Chief Executive Officer, will reassume the additional position of President of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901876/000003490324000073/0000034903-24-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.