Saul Centers EVP Leasing Netter to retire Dec 31; consulting deal for $470K through June 2024

SAUL CENTERS, INC.

Christopher H. Netter will retire as EVP-Leasing effective Dec 31, 2023.
Consulting agreement from Jan 1 to June 30, 2024; fee $470,000 paid in six equal monthly installments.
Agreement includes confidentiality, non-disclosure, and release of claims.
Company conducting retained search for replacement; Zachary Friedlis, SVP Retail Leasing, serving as interim.

item 5.02

Executive movements

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Departed (interim)

Christopher H. Netter

Executive Vice President – Leasing

BFS · SAUL CENTERS, INC.

Effective: 2023-12-31
Successor: Zachary Friedlis
Filed: November 16, 2023, 6:59 PM ET

Christopher H. Netter announced he will retire as Executive Vice President – Leasing of the Company effective December 31, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher H. Netter departed as Executive Vice President – Leasing at SAUL CENTERS, INC..

Action: retire
Role: Executive Vice President – Leasing

Exact text from the filing

Christopher H. Netter announced he will retire as Executive Vice President – Leasing of the Company effective December 31, 2023.

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Source: SEC EDGAR

accession 0000907254-23-000099

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