LXP appoints Arun Gupta to board of trustees, size increases to 8; strategic review ongoing

LXP Industrial Trust

Arun Gupta appointed to LXP board effective April 1, 2022; board expands from 7 to 8 trustees.
Gupta brings venture capital, cybersecurity, and technology expertise; Venture Partner at Columbia Capital.
Richard S. Frary, lead independent trustee, will not stand for reelection in 2023.
LXP continues board refreshment; six new independent trustees added since 2015.
Board is exploring strategic alternatives including sale/merger, with no set timetable; process announced Feb 8, 2022.

item 5.02 item 9.01

Executive movements

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Appointed

Arun Gupta

Member of the Board of Trustees

LXP · LXP Industrial Trust

Effective: 2022-03-28
Filed: April 1, 2022, 7:59 PM ET

Effective March 28, 2022, our Board of Trustees (1) increased the size of the Board of Trustees from seven trustees to eight trustees and (2) appointed Arun Gupta as a member of the Board of Trustees.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Arun Gupta was appointed as Member of the Board of Trustees at LXP Industrial Trust.

Action: appointed
Role: Member of the Board of Trustees

Exact text from the filing

Effective March 28, 2022, our Board of Trustees (1) increased the size of the Board of Trustees from seven trustees to eight trustees and (2) appointed Arun Gupta as a member of the Board of Trustees.

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LXP Industrial Trust filing history →

Source: SEC EDGAR

accession 0001539497-22-000743

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