---
schema_version: "secwatch.filing_event.v1"
accession: "0001175535-22-000007"
form_type: "8-K"
ticker: "WSR"
cik: "0001175535"
company_name: "Whitestone REIT"
filed_at: "2022-01-19T23:59:59+00:00"
generated_at: "2026-06-27T17:06:02.502994+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Whitestone REIT terminates CEO James Mastandrea for cause, appoints Dave Holeman as CEO

## Summary
- Board terminated James Mastandrea as CEO and removed as Chairman for cause following internal investigation for conduct violations.
- David K. Holeman, former CFO, appointed CEO effective immediately; Scott Hogan (ex-Controller) named CFO.
- David Taylor, independent Trustee, appointed Chairman of the Board replacing Mastandrea.
- Board amended bylaws to allow majority vote to replace Chairman (previously unanimous).
- Company reaffirms Q4/FY 2021 results expected in early March; Mastandrea termination not related to financial performance.

## SEC filing metadata
- accession: 0001175535-22-000007
- form_type: 8-K
- ticker: WSR
- cik: 0001175535
- company_name: Whitestone REIT
- filed_at: 2022-01-19T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000007/0001175535-22-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000007/wsr-20220118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001175535-22-000007
- JSON: https://secwatch.observer/filing/0001175535-22-000007.json
- Plain text: https://secwatch.observer/filing/0001175535-22-000007.txt

## Key facts
- Executive change
  James Mastandrea was terminated as Chief Executive Officer at Whitestone REIT.
  - Action: terminated
  - Role: Chief Executive Officer
  source text: the Board of Trustees (the “Board”) of Whitestone REIT (the “Company”) terminated, with cause, James Mastandrea from his position as Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000007/0001175535-22-000007-index.htm
- Executive change
  Scott Hogan was appointed as Chief Financial Officer at Whitestone REIT.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board appointed Scott Hogan, the current Vice President, Controller of the Company, as the Company’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000007/0001175535-22-000007-index.htm
- Executive change
  David K. Holeman was appointed as Chief Executive Officer at Whitestone REIT.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board appointed David K. Holeman, the current Chief Financial Officer of the Company, as the Company’s Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000117553522000007/0001175535-22-000007-index.htm

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