---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-229074"
form_type: "8-K"
ticker: "PDM"
cik: "0001042776"
company_name: "Piedmont Realty Trust, Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:18:50.688501+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-229074
- form_type: 8-K
- ticker: PDM
- cik: 0001042776
- company_name: Piedmont Realty Trust, Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042776/000119312524229074/0001193125-24-229074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042776/000119312524229074/d863603d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-229074
- JSON: https://secwatch.observer/filing/0001193125-24-229074.json
- Plain text: https://secwatch.observer/filing/0001193125-24-229074.txt

## Key facts
- Executive change
  Robert Bowers departed as Executive Vice President & Chief Financial & Administrative Officer at Piedmont Realty Trust, Inc..
  - Role: Executive Vice President & Chief Financial & Administrative Officer
  source text: Ms. Rexroad will succeed Robert Bowers in his role as Executive Vice President & Chief Financial & Administrative Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042776/000119312524229074/0001193125-24-229074-index.htm
- Executive change
  Sherry Rexroad was appointed as Chief Financial Officer at Piedmont Realty Trust, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042776/000119312524229074/0001193125-24-229074-index.htm

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