NNN REIT CFO Kevin Habicht to retire Mar 31, 2025; Vincent Chao appointed successor

NNN REIT, INC.

Kevin Habicht to retire as EVP/CFO effective March 31, 2025; will provide up to 20 months consulting at $45k/month.
Vincent Chao appointed EVP Jan 9, 2025, and will become CFO, Asst. Secretary, Treasurer on April 1, 2025.
Chao receives $500k base salary, $75k sign-on with 25% tax gross-up, 10,000 restricted shares vesting Jan 2028.
Chao most recently Managing Director Finance at RPT Realty; previously Head of U.S. REIT Research at Deutsche Bank.
Habicht's time-based restricted stock awards vest immediately; performance-based awards vest prorated through consulting period.

item 5.02 item 9.01

Executive movements

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

Role change

Vincent H. Chao

Chief Financial Officer, Assistant Secretary, Treasurer

NNN · NNN REIT, INC.

Effective: 2025-04-01
Filed: January 10, 2025, 6:59 PM ET

Effective on April 1, 2025, Mr. Chao will assume the positions of Chief Financial Officer, Assistant Secretary and Treasurer

Appointed

Vincent H. Chao

Executive Vice President

NNN · NNN REIT, INC.

Effective: 2025-01-09
Filed: January 10, 2025, 6:59 PM ET

the Board has appointed Vincent H. Chao, age 50, as Mr. Habicht’s successor. As of January 9, 2025 (such date, the “Appointment Effective Date”), Mr. Chao will be appointed as an Executive Vice President.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Vincent H. Chao changed role as Chief Financial Officer, Assistant Secretary, Treasurer at NNN REIT, INC..

Action: will assume
Role: Chief Financial Officer, Assistant Secretary, Treasurer

Exact text from the filing

Effective on April 1, 2025, Mr. Chao will assume the positions of Chief Financial Officer, Assistant Secretary and Treasurer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Vincent H. Chao was appointed as Executive Vice President at NNN REIT, INC..

Action: appointed
Role: Executive Vice President

Exact text from the filing

the Board has appointed Vincent H. Chao, age 50, as Mr. Habicht’s successor. As of January 9, 2025 (such date, the “Appointment Effective Date”), Mr. Chao will be appointed as an Executive Vice President.

View on SEC.gov

NNN REIT, INC. filing history →

Source: SEC EDGAR

accession 0000950170-25-004201

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