Director Michael Arougheti not standing for re-election; CEO Donohoe nominated to board

Ares Commercial Real Estate Corp

Michael J. Arougheti will not stand for re-election at the May 22, 2024 Annual Meeting; no disagreement with company.
Board will nominate CEO Bryan P. Donohoe as Class III director to replace Arougheti after the Annual Meeting.
Arougheti's decision due to time constraints from other professional commitments.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Bryan P. Donohoe

Class III Director

ACRE · Ares Commercial Real Estate Corp

Effective: 2024-05-22
Filed: April 4, 2024, 7:59 PM ET

the Board will nominate Bryan P. Donohoe, the Company’s Chief Executive Officer, for election as a Class III director to replace Mr. Arougheti following the Annual Meeting

Departed

Michael J. Arougheti

Director

ACRE · Ares Commercial Real Estate Corp

Effective: 2024-05-22
Successor: Bryan P. Donohoe
Filed: April 4, 2024, 7:59 PM ET

Michael J Arougheti notified Ares Commercial Real Estate Corporation (the “Company”) that he would not stand for re-election as a director of the Company at the Company’s 2024 Annual Meeting of Stockholders to be held on May 22, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Bryan P. Donohoe was appointed as Class III Director at Ares Commercial Real Estate Corp.

Action: nominated for election
Role: Class III Director

Exact text from the filing

the Board will nominate Bryan P. Donohoe, the Company’s Chief Executive Officer, for election as a Class III director to replace Mr. Arougheti following the Annual Meeting

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Arougheti departed as Director at Ares Commercial Real Estate Corp.

Action: not stand for re-election
Role: Director

Exact text from the filing

Michael J Arougheti notified Ares Commercial Real Estate Corporation (the “Company”) that he would not stand for re-election as a director of the Company at the Company’s 2024 Annual Meeting of Stockholders to be held on May 22, 2024

View on SEC.gov

Ares Commercial Real Estate Corp filing history →

Source: SEC EDGAR

accession 0001628280-24-014880

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