Tanger appoints Michael Bilerman as EVP, CFO and CIO; Guerrieri steps down as principal financial officer

TANGER INC.

Michael Bilerman appointed EVP, CFO and Chief Investment Officer, expected to start in Q4 2022.
Thomas J. Guerrieri Jr. ceases as principal financial officer but remains principal accounting officer.
Bilerman receives $500k base salary, $1M sign-on bonus, 250k stock options (vests at 110% FMV), and $2.5M restricted shares.
He joins from Citigroup where he led global real estate equity research; previously at Goldman Sachs.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Thomas J. Guerrieri Jr.

principal financial officer

SKT · TANGER INC.

Successor: Michael Bilerman
Filed: September 19, 2022, 7:59 PM ET

as of the Effective Date, Thomas J. Guerrieri, Jr. will no longer serve as the Company’s principal financial officer, but will remain the Company’s principal accounting officer.

Appointed

Michael Bilerman

Executive Vice President, Chief Financial Officer and Chief Investment Officer

SKT · TANGER INC.

Filed: September 19, 2022, 7:59 PM ET

On September 19, 2022, the Board of Directors (the “Board”) of Tanger Factory Outlet Centers, Inc. (the “Company”) appointed Michael Bilerman as the Company’s Executive Vice President, Chief Financial Officer and Chief Investment Officer, effective upon his commencement of employment which is expected to be in the fourth quarter of 2022 (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas J. Guerrieri Jr. changed role as principal financial officer at TANGER INC..

Action: ceases as
Role: principal financial officer

Exact text from the filing

as of the Effective Date, Thomas J. Guerrieri, Jr. will no longer serve as the Company’s principal financial officer, but will remain the Company’s principal accounting officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Bilerman was appointed as Executive Vice President, Chief Financial Officer and Chief Investment Officer at TANGER INC..

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Chief Investment Officer

Exact text from the filing

On September 19, 2022, the Board of Directors (the “Board”) of Tanger Factory Outlet Centers, Inc. (the “Company”) appointed Michael Bilerman as the Company’s Executive Vice President, Chief Financial Officer and Chief Investment Officer, effective upon his commencement of employment which is expected to be in the fourth quarter of 2022 (the “Effective Date”).

View on SEC.gov

TANGER INC. filing history →

Source: SEC EDGAR

accession 0000899715-22-000158

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