leadership
confidence high
sentiment neutral
materiality 0.55
Rexford Industrial hires Michael Fitzmaurice as CFO, promotes Laura Clark to COO effective Nov 18, 2024
Rexford Industrial Realty, Inc.
- Michael Fitzmaurice appointed CFO, succeeding Laura Clark, who moves to COO; both effective Nov 18, 2024.
- Fitzmaurice most recently EVP & CFO of RPT Realty, acquired by Kimco in Jan 2024; 25 years of REIT experience.
- New CFO receives $600K base salary, target bonus 150% of base (max 200%), and $550K restricted stock award.
- Company will reimburse up to $225K for relocation from Connecticut to greater Los Angeles area.
- Clark's employment agreement amended to reflect new COO title and responsibilities; she remains in transitional role.