---
schema_version: "secwatch.filing_event.v1"
accession: "0001286043-26-000015"
form_type: "8-K"
ticker: "KRG"
cik: "0001286043"
company_name: "KITE REALTY GROUP TRUST"
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:27:31.126502+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kite Realty promotes CFO Heath Fear to President; board reduces to 8 trustees by 2027

## Summary
- Heath R. Fear appointed President effective March 20, 2026, while retaining CFO role; reports to CEO John Kite.
- New employment agreements set CEO Kite base salary at $1.03M, McGowan and Fear at $620K each.
- Bonnie Biumi will not stand for reelection at 2026 annual meeting, reducing board from 11 to 10.
- Peter Lynch and Barton Peterson will not stand for 2027 reelection, further reducing board to 8.
- Executive severance includes 3x base salary plus average bonus on termination without cause; non-compete for 18 months.

## SEC filing metadata
- accession: 0001286043-26-000015
- form_type: 8-K
- ticker: KRG
- cik: 0001286043
- company_name: KITE REALTY GROUP TRUST
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286043/000128604326000015/0001286043-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286043/000128604326000015/krg-20260318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001286043-26-000015
- JSON: https://secwatch.observer/filing/0001286043-26-000015.json
- Plain text: https://secwatch.observer/filing/0001286043-26-000015.txt

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