COO Todd Hartman resigns; enters consulting agreement with $584,500 payment

COPT DEFENSE PROPERTIES

Todd W. Hartman resigned as EVP and COO effective March 2, 2023.
Entered 12-month consulting agreement for $584,500 paid monthly.
All unvested performance-based and time-based equity grants terminated.
Non-compete and non-solicitation covenants apply for 12 months post-resignation.
Company agrees to provide neutral employment references only.

item 5.02 item 9.01

Executive movements

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Departed

Todd W. Hartman

Executive Vice President and Chief Operating Officer

CDP · COPT DEFENSE PROPERTIES

Effective: 2023-03-02
Filed: March 2, 2023, 6:59 PM ET

Effective March 2, 2023, Todd W. Hartman resigned from his position as Executive Vice President and Chief Operating Officer of Corporate Office Properties Trust (the “Company”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Todd W. Hartman resigned as Executive Vice President and Chief Operating Officer at COPT DEFENSE PROPERTIES.

Action: resigned
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

Effective March 2, 2023, Todd W. Hartman resigned from his position as Executive Vice President and Chief Operating Officer of Corporate Office Properties Trust (the “Company”).

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COPT DEFENSE PROPERTIES filing history →

Source: SEC EDGAR

accession 0001104659-23-027918

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