leadership
confidence high
sentiment neutral
materiality 0.30
Acadia Realty Trust appoints David Buell as CAO effective Jan 5, 2026; Hartmann moves to SVP Strategic Initiatives
ACADIA REALTY TRUST
- David Buell, former CAO of Kite Realty Group, appointed CAO of Acadia Realty Trust, effective January 5, 2026.
- Buell receives $375K base salary, $500K one-time equity award (5-year cliff vest), and up to $490K in signing cash/equity.
- Richard Hartmann, CAO since 2012 and with Acadia since 1997, transitions to SVP, Strategic Initiatives to support handoff.
- Buell holds a BS in Accounting & Finance from Indiana University and is a CPA; prior experience includes KPMG audit senior manager.