secwatch.observer — SEC 8-K summary
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Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2024-05-30T23:59:59+00:00
Accession:  0001539497-24-001132
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LXP CFO Beth Boulerice to step down March 1, 2025; Nathan Brunner appointed successor
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- Beth Boulerice will relinquish CFO/Treasurer roles March 1, 2025, remain EVP advisor through 2027.
- Nathan Brunner named EVP of Capital Markets effective Sep 1, 2024; to become CFO/Treasurer March 1, 2025.
- Boulerice base salary cut to $500K Jan 1, 2025 then $100K from March 1, 2025; $85K transition bonus.
- Amended severance agreement provides 2x base plus bonus for termination without cause or good reason through 2027.
- Brunner joins from J.P. Morgan with 19 years investment banking, 14 years focused on real estate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000153949724001132/0001539497-24-001132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000153949724001132/n4130_x5-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-24-001132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer