8-K
filed July 6, 2022, 7:59 PM ET
ticker STAG
CIK 0001479094
leadership
confidence high
sentiment neutral
materiality 0.60
STAG Industrial appoints Crooker CEO, Butcher Executive Chair, as part of succession plan
STAG Industrial, Inc.
- William R. Crooker appointed CEO and President effective July 1, 2022; base salary $600,000.
- Benjamin S. Butcher named Executive Chair; base salary $325,000; eligible for $1.3M equity award in Jan 2023.
- Michael C. Chase promoted to EVP and Chief Investment Officer; base salary $375,000.
- COO Stephen C. Mecke notified retirement effective Dec 31, 2022.
- Board increased from nine to ten members; Crooker appointed to Board and Investment Committee.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
William R. Crooker was appointed as Chief Executive Officer at STAG Industrial, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the Board appointed William R. Crooker to the role of Chief Executive Officer of the Company, in addition to his role as President, effective as of July 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
William R. Crooker was appointed as Director at STAG Industrial, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board increased the size of the Board from nine to ten members and appointed Mr. Crooker to the Board and the Investment Committee of the Board, effective as of July 1, 2022
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Benjamin S. Butcher was appointed as Executive Chair at STAG Industrial, Inc..
- Action
- appointed
- Role
- Executive Chair
Exact text from the filing
the Board appointed Benjamin S. Butcher as the Executive Chair of the Board, effective as of July 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Stephen C. Mecke departed as Executive Vice President and Chief Operating Officer at STAG Industrial, Inc..
- Action
- retire
- Role
- Executive Vice President and Chief Operating Officer
Exact text from the filing
Stephen C. Mecke, the Company’s Executive Vice President and Chief Operating Officer, gave the Company written notice of his intention to retire from his positions with the Company on December 31,
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael C. Chase changed role as Executive Vice President and Chief Investment Officer at STAG Industrial, Inc..
- Action
- promoted
- Role
- Executive Vice President and Chief Investment Officer
Exact text from the filing
the Board promoted Michael C. Chase to Executive Vice President of the Company, in addition to his current role as Chief Investment Officer, effective as of July 1, 2022.
View on SEC.gov
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