Piedmont appoints Sherry Rexroad as CFO effective Nov 8, 2024; Bowers to depart Dec 31

Piedmont Realty Trust, Inc.

Sherry Rexroad appointed CFO, initially joining as EVP Finance on Oct 1, 2024, then CFO Nov 8, 2024.
Robert Bowers will remain through Dec 31, 2024, under a separation agreement with severance consistent with prior proxy disclosure.
Rexroad receives base salary of $475K, target bonus 100% of base, one-time deferred stock unit award of $600K, and $50K relocation bonus.
Adopted Executive Severance Plan covering CEO, Executive Officers, and designated EVPs; includes severance multipliers and 1-year non-compete.
Rexroad previously served as CFO of STORE Capital and spent 10 years at BlackRock Global Real Asset Securities.

item 5.02 item 9.01

Executive movements

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Departed

Robert Bowers

Executive Vice President & Chief Financial & Administrative Officer

PDM · Piedmont Realty Trust, Inc.

Successor: Sherry Rexroad
Filed: September 30, 2024, 7:59 PM ET

Ms. Rexroad will succeed Robert Bowers in his role as Executive Vice President & Chief Financial & Administrative Officer.

Appointed

Sherry Rexroad

Chief Financial Officer

PDM · Piedmont Realty Trust, Inc.

Effective: 2024-11-08
Filed: September 30, 2024, 7:59 PM ET

The board of directors of Piedmont Office Realty Trust, Inc. (the “Company”) has appointed Sherry Rexroad as Chief Financial Officer of the Company, effective November 8, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Robert Bowers departed as Executive Vice President & Chief Financial & Administrative Officer at Piedmont Realty Trust, Inc..

Role: Executive Vice President & Chief Financial & Administrative Officer

Exact text from the filing

Ms. Rexroad will succeed Robert Bowers in his role as Executive Vice President & Chief Financial & Administrative Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sherry Rexroad was appointed as Chief Financial Officer at Piedmont Realty Trust, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The board of directors of Piedmont Office Realty Trust, Inc. (the “Company”) has appointed Sherry Rexroad as Chief Financial Officer of the Company, effective November 8, 2024.

View on SEC.gov

Piedmont Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-229074

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