---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-21-021459"
form_type: "8-K"
ticker: "COLD"
cik: "0001455863"
company_name: "AMERICOLD REALTY TRUST"
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:51:35.497861+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Americold terminates CEO Fred Boehler; appoints George Chappelle interim; Q3 rev +42.5% to $708.8M

## Summary
- CEO Fred Boehler terminated without cause; George Chappelle (ex-Tyson Foods) named Interim CEO; Board expands from 8 to 10 with three new trustees.
- Q3 total revenue $708.8M (+42.5% YoY); net income $5.3M ($0.02 diluted EPS); Core FFO $0.23/sh; AFFO $0.27/sh.
- Global Warehouse same-store NOI decreased 5.1% YoY; FY2021 AFFO guidance maintained at $1.15-$1.20/sh.
- Completed acquisitions: ColdCo ($20.5M) in August and Newark Facility Management ($376.5M) in September.
- Boehler severance: 2x base salary plus target bonus over 24 months, health benefits 18 months, accelerated equity vesting.

## SEC filing metadata
- accession: 0001628280-21-021459
- form_type: 8-K
- ticker: COLD
- cik: 0001455863
- company_name: AMERICOLD REALTY TRUST
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455863/000162828021021459/0001628280-21-021459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455863/000162828021021459/art-20211103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-21-021459
- JSON: https://secwatch.observer/filing/0001628280-21-021459.json
- Plain text: https://secwatch.observer/filing/0001628280-21-021459.txt

## Key facts
- Executive change
  Fred Boehler resigned as Trustee at AMERICOLD REALTY TRUST.
  - Action: resigned
  - Role: Trustee
  source text: Mr. Boehler also resigned as a Trustee of the Board of Trustees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1455863/000162828021021459/0001628280-21-021459-index.htm
- Executive change
  George F. Chappelle Jr. was appointed as Interim Chief Executive Officer at AMERICOLD REALTY TRUST.
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: On November 2, 2021, the Board appointed George F. Chappelle Jr. as the Company’s Interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1455863/000162828021021459/0001628280-21-021459-index.htm
- Executive change
  Fred Boehler was terminated as President and Chief Executive Officer at AMERICOLD REALTY TRUST.
  - Action: terminated
  - Role: President and Chief Executive Officer
  source text: On November 2, 2021, the Board of Trustees of the Company (the “Board”) terminated Mr. Boehler without cause from his position as President and Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1455863/000162828021021459/0001628280-21-021459-index.htm

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