secwatch.observer — SEC 8-K summary
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Issuer:     REALTY INCOME CORP (O)
CIK:        0000726728
Form:       8-K
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0000726728-22-000138
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Realty Income appoints Gregory Whyte as EVP & COO effective Jan 3, 2023
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- Base salary of $550,000; target annual cash bonus $400,000; 2023 LTIP target of $1,550,000.
- Relocation expense reimbursement up to $75,000.
- Severance: 1x salary+bonus for non-cause termination; 2x if within 12 months of a change in control; equity vesting.
- Whyte was Senior Advisor at UBS (2007-2016) and MD, Global Head of Real Estate Equity Research at Morgan Stanley (1991-2006).
- Appointment effective January 3, 2023; Whyte also serves on Orion Office REIT board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726728/000072672822000138/0000726728-22-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726728/000072672822000138/o-20221214.htm
  HTML page:      https://secwatch.observer/filing/0000726728-22-000138

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