8-K
filed December 7, 2023, 6:59 PM ET
ticker DEA
CIK 0001622194
leadership
confidence high
sentiment neutral
materiality 0.65
CEO William Trimble to retire Dec 31; Chairman Darrell Crate appointed CEO effective Jan 1, 2024
Easterly Government Properties, Inc.
- William Trimble retires as CEO, President, and Board member on Dec 31, 2023; separation agreement includes $400k severance and equity vesting.
- Chairman Darrell Crate appointed CEO effective Jan 1, 2024; William Binnie becomes Chairman.
- Meghan Baivier promoted to President & COO; Allison Marino promoted to EVP, CFO & CAO, both effective Jan 1, 2024.
- Board reduced from eight to seven members, effective after Trimble'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
Meghan G. Baivier changed role as President and Chief Operating Officer at Easterly Government Properties, Inc..
- Action
- promoted
- Role
- President and Chief Operating Officer
Exact text from the filing
the Board promoted Meghan G. Baivier, Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Company, to President and Chief Operating Officer of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Allison E. Marino changed role as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at Easterly Government Properties, Inc..
- Action
- promoted
- Role
- Executive Vice President, Chief Financial Officer and Chief Accounting Officer
Exact text from the filing
Allison E. Marino, Senior Vice President and Chief Accounting Officer of the Company, to Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company, effective, in each case, January 1, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
William C. Trimble, III retired as Chief Executive Officer and President at Easterly Government Properties, Inc..
- Action
- retired
- Role
- Chief Executive Officer and President
Exact text from the filing
Mr. Trimble will retire from his positions as Chief Executive Officer and President of the Company and as a member of the Company’s board of directors (the “Board”) effective December 31, 2023 (the “Effective Date”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
William H. Binnie was appointed as Chairman of the Board at Easterly Government Properties, Inc..
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
Upon his appointment, William H. Binnie, currently the Board’s Lead Independent Director, will replace Mr. Crate as Chairman of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Darrell W. Crate was appointed as Chief Executive Officer at Easterly Government Properties, Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the Board appointed Darrell W. Crate, Chairman of the Board, to serve as Chief Executive Officer of the Company, effective January 1, 2024.
View on SEC.gov
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