Urban Edge Properties appoints Jeffrey Mooallem as COO; Chris Weilminster to depart Nov 18, 2022

Urban Edge Properties

Jeffrey Mooallem appointed EVP and COO effective Jan 9, 2023; previously CEO of Gazit Horizons.
Mooallem receives base salary of $625,000 and annual cash bonus of 50%-175% of base salary.
Annual LTIP unit grant of $1.25M (50% time-based, 50% performance-based) beginning 2023.
Chris Weilminster steps down as COO effective Nov 18, 2022; departure not related to any disagreements.
Mooallem has led over $2 billion of real estate acquisitions and development in his career.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Jeffrey Mooallem

Executive Vice President and Chief Operating Officer

UE · Urban Edge Properties

Effective: 2023-01-09
Filed: October 19, 2022, 7:59 PM ET

On October 18, 2022, the Company and Jeffrey Mooallem entered into an employment agreement appointing Mr. Mooallem as Executive Vice President and Chief Operating Officer, effective January 9, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Mooallem was appointed as Executive Vice President and Chief Operating Officer at Urban Edge Properties.

Action: appointed
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On October 18, 2022, the Company and Jeffrey Mooallem entered into an employment agreement appointing Mr. Mooallem as Executive Vice President and Chief Operating Officer, effective January 9, 2023.

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Urban Edge Properties filing history →

Source: SEC EDGAR

accession 0001611547-22-000099

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