8-K filed October 2, 2024, 7:59 PM ET ticker SITC CIK 0000894315

other material confidence high sentiment neutral materiality 0.85

SITE Centers completes Curbline spin-off; distributes 2 CURB shares per SITC share; new CFO/CAO appointed

SITE Centers Corp.

Completed spin-off of Curbline Properties (NYSE: CURB) on Oct 1, 2024; each SITC shareholder received 2 CURB shares per SITC share held.
SITE Centers transferred $800M unrestricted cash to Curbline; will bear $34.4M redevelopment costs at Curbline-owned properties.
Shared Services Agreement: SITE Centers provides leadership/transaction services; paid 2% of Curbline's Gross Revenue; term through Oct 2027.
CFO Fennerty and CAO Yarian resigned; Gerald Morgan (ex-Four Corners CFO) appointed CFO, Jeffrey Scott (internal) appointed CAO.
Equity awards adjusted: PRSUs earned at greater of actual performance or 150% of target; SITE time-based RSUs continue.

item 1.01 item 2.01 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

Conor M. Fennerty

Executive Vice President, Chief Financial Officer and Treasurer

SITC · SITE Centers Corp.

Effective: 2024-09-30
Successor: Gerald R. Morgan
Filed: October 2, 2024, 7:59 PM ET

Conor M. Fennerty, Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers, and Christina M. Yarian, Senior Vice President and Chief Accounting Officer of SITE Centers, resigned from the Company, effective as of September 30, 2024.

Departed

Christina M. Yarian

Senior Vice President and Chief Accounting Officer

SITC · SITE Centers Corp.

Effective: 2024-09-30
Successor: Jeffrey A. Scott
Filed: October 2, 2024, 7:59 PM ET

Conor M. Fennerty, Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers, and Christina M. Yarian, Senior Vice President and Chief Accounting Officer of SITE Centers, resigned from the Company, effective as of September 30, 2024.

Appointed

Jeffrey A. Scott

Senior Vice President and Chief Accounting Officer

SITC · SITE Centers Corp.

Effective: 2024-10-01
Filed: October 2, 2024, 7:59 PM ET

On the Spin Off Date, the Board appointed Gerald R. Morgan as Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers and Jeffrey A. Scott as Senior Vice President and Chief Accounting Officer of SITE Centers, each effective as of the Spin Off Date.

Appointed

Gerald R. Morgan

Executive Vice President, Chief Financial Officer and Treasurer

SITC · SITE Centers Corp.

Effective: 2024-10-01
Filed: October 2, 2024, 7:59 PM ET

On the Spin Off Date, the Board appointed Gerald R. Morgan as Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers and Jeffrey A. Scott as Senior Vice President and Chief Accounting Officer of SITE Centers, each effective as of the Spin Off Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Conor M. Fennerty resigned as Executive Vice President, Chief Financial Officer and Treasurer at SITE Centers Corp..

Action: resigned
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

Conor M. Fennerty, Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers, and Christina M. Yarian, Senior Vice President and Chief Accounting Officer of SITE Centers, resigned from the Company, effective as of September 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christina M. Yarian resigned as Senior Vice President and Chief Accounting Officer at SITE Centers Corp..

Action: resigned
Role: Senior Vice President and Chief Accounting Officer

Exact text from the filing

Conor M. Fennerty, Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers, and Christina M. Yarian, Senior Vice President and Chief Accounting Officer of SITE Centers, resigned from the Company, effective as of September 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey A. Scott was appointed as Senior Vice President and Chief Accounting Officer at SITE Centers Corp..

Action: appointed
Role: Senior Vice President and Chief Accounting Officer

Exact text from the filing

On the Spin Off Date, the Board appointed Gerald R. Morgan as Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers and Jeffrey A. Scott as Senior Vice President and Chief Accounting Officer of SITE Centers, each effective as of the Spin Off Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gerald R. Morgan was appointed as Executive Vice President, Chief Financial Officer and Treasurer at SITE Centers Corp..

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Treasurer

Exact text from the filing

On the Spin Off Date, the Board appointed Gerald R. Morgan as Executive Vice President, Chief Financial Officer and Treasurer of SITE Centers and Jeffrey A. Scott as Senior Vice President and Chief Accounting Officer of SITE Centers, each effective as of the Spin Off Date.

View on SEC.gov

SITE Centers Corp. filing history →

Source: SEC EDGAR

accession 0001193125-24-231147

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