Elme Communities CFO Stephen Riffee to retire Feb 2023; Steven Freishtat to succeed

Elme Communities

Stephen Riffee, EVP and CFO, to retire at end of February 2023; Steven Freishtat expected to succeed as CFO.
Freishtat, currently VP Finance, joined Elme in 2015 and led financial planning, capital markets, and treasury.
Drew Hammond, VP and Chief Accounting Officer, to be promoted to SVP and CAO.
Kelly O'Shields, Director of Real Estate Accounting, to be promoted to VP Finance.
Succession plan reflects orderly transition; Riffee praised for leading multifamily transformation.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Stephen E. Riffee

Executive Vice President and Chief Financial Officer

ELME · Elme Communities

Effective: 2023-02-28
Successor: Steven Freishtat
Filed: November 9, 2022, 6:59 PM ET

Stephen E. Riffee, Elme Communities’ (“Elme”) Executive Vice President and Chief Financial Officer, provided notice to Elme of his intention to retire, effective at the end of February 2023.

Appointed

Steven Freishtat

Chief Financial Officer

ELME · Elme Communities

Effective: 2023-02-28
Filed: November 9, 2022, 6:59 PM ET

Steven Freishtat is expected to succeed Mr. Riffee as Chief Financial Officer following Mr. Riffee’s retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen E. Riffee departed as Executive Vice President and Chief Financial Officer at Elme Communities.

Action: retire
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Stephen E. Riffee, Elme Communities’ (“Elme”) Executive Vice President and Chief Financial Officer, provided notice to Elme of his intention to retire, effective at the end of February 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven Freishtat was appointed as Chief Financial Officer at Elme Communities.

Action: expected to succeed
Role: Chief Financial Officer

Exact text from the filing

Steven Freishtat is expected to succeed Mr. Riffee as Chief Financial Officer following Mr. Riffee’s retirement.

View on SEC.gov

Elme Communities filing history →

Source: SEC EDGAR

accession 0001193125-22-281197

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