Kilroy Realty Q2 FFO $1.10/share; appoints Jeffrey Kuehling as CFO effective Aug 19

KILROY REALTY CORP

2024-Q2 EPS reported $0.83 revenue$559,312,000

Revenue $280.7M, net income $0.41 diluted EPS, FFO $1.10 per diluted share.
Stabilized portfolio 83.7% occupied, 85.4% leased; signed 235k sf of leases with GAAP rents up 7.2%.
Updated full-year 2024 FFO guidance to $4.21-$4.31 per share (midpoint $4.26), up from $4.15-$4.30.
Jeffrey Kuehling appointed EVP, CFO effective Aug 19, with base salary $475k and target bonus 100%.
Eliott Trencher steps down as CFO but remains EVP, CIO; Lauren Stadler promoted to EVP, General Counsel.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Jeffrey Kuehling

Executive Vice President, Chief Financial Officer

KRC · KILROY REALTY CORP

Filed: July 31, 2024, 7:59 PM ET

On July 30, 2024, the Board of Directors (the “Board”) of the Company appointed Jeffrey Kuehling to serve as Executive Vice President, Chief Financial Officer, effective on a date on or before September 3, 2024, to be mutually agreed between Mr. Kuehling and the Company (the “Transition Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Kuehling was appointed as Executive Vice President, Chief Financial Officer at KILROY REALTY CORP.

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

Exact text from the filing

On July 30, 2024, the Board of Directors (the “Board”) of the Company appointed Jeffrey Kuehling to serve as Executive Vice President, Chief Financial Officer, effective on a date on or before September 3, 2024, to be mutually agreed between Mr. Kuehling and the Company (the “Transition Date”).

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KILROY REALTY CORP filing history →

Source: SEC EDGAR

accession 0001025996-24-000204

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