Kilroy Realty appoints new CAO, adopts executive severance plan with non-renewal notices

KILROY REALTY CORP

Chandni Jalan appointed SVP, Chief Accounting Officer effective Dec 2, 2025; base salary $400k, target bonus 75%, signing bonus $30k.
Merryl Werber steps down as CAO on Dec 2, remains Senior Advisor to CFO through Jan 9, 2026.
Compensation Committee approved Executive Severance Plan; non-renewal notices sent to President Smart, CFO Kuehling, CAO Roth, CIO Trencher.
Severance plan provides cash severance of 1x base plus target bonus (12-month installments) or 1.5x on Change in Control (lump sum); COBRA coverage.

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