---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-078770"
form_type: "8-K"
ticker: "WPC"
cik: "0001025378"
company_name: "W. P. Carey Inc."
filed_at: "2024-07-10T23:59:59+00:00"
generated_at: "2026-05-31T21:58:07.240509+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# W. P. Carey President John Park to step down; role eliminated; CEO Fox to assume title

## Summary
- John Park will step down as President effective Sept. 30, 2024; remains Senior Advisor through Feb. 2025.
- President role eliminated; CEO Jason Fox will assume the title effective Oct. 1, 2024.
- Park will continue as Trustee of Net Lease Office Properties (NLOP) and W. P. Carey Foundation.
- No cash severance; outstanding unvested RSUs and PSUs will continue to vest per original terms.
- Park served 37 years at W. P. Carey, leading key transactions including the NYSE listing and mergers.

## SEC filing metadata
- accession: 0001104659-24-078770
- form_type: 8-K
- ticker: WPC
- cik: 0001025378
- company_name: W. P. Carey Inc.
- filed_at: 2024-07-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025378/000110465924078770/0001104659-24-078770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025378/000110465924078770/tm2419126d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-078770
- JSON: https://secwatch.observer/filing/0001104659-24-078770.json
- Plain text: https://secwatch.observer/filing/0001104659-24-078770.txt

## Key facts
- Executive change
  Jason Fox changed role as President and Chief Executive Officer at W. P. Carey Inc..
  - Action: assume
  - Role: President and Chief Executive Officer
  source text: the title will be assumed by Jason Fox, the Company’s Chief Executive Officer, effective October 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025378/000110465924078770/0001104659-24-078770-index.htm
- Executive change
  John J. Park departed as President at W. P. Carey Inc..
  - Action: step down
  - Role: President
  source text: John J. Park will step down as President of the Company effective September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025378/000110465924078770/0001104659-24-078770-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.