---
schema_version: "secwatch.filing_event.v1"
accession: "0001645873-21-000234"
form_type: "8-K"
ticker: "MDV"
cik: "0001645873"
company_name: "MODIV INDUSTRIAL, INC."
filed_at: "2021-12-08T23:59:59+00:00"
generated_at: "2026-06-28T02:50:19.975883+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Modiv appoints three new directors; Wirta, Randolph, Hanauer resign from board

## Summary
- Raymond Wirta, Jeffrey Randolph, Joe Hanauer resigned Dec 7, 2021 for board refreshment; no disagreement.
- Adam Markman appointed Chairman of Board and Audit Committee; Curtis McWilliams joins Audit Committee.
- Asma Ishaq (CEO of Modere), Kimberly Smith (former Prudential legal exec), Connie Tirondola (EVP Citco Fund Services) appointed as independent directors.
- All three new directors are women, enhancing board diversity per California law.

## SEC filing metadata
- accession: 0001645873-21-000234
- form_type: 8-K
- ticker: MDV
- cik: 0001645873
- company_name: MODIV INDUSTRIAL, INC.
- filed_at: 2021-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/modivreit-20211207xnewbodm.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001645873-21-000234
- JSON: https://secwatch.observer/filing/0001645873-21-000234.json
- Plain text: https://secwatch.observer/filing/0001645873-21-000234.txt

## Key facts
- Executive change
  Connie Tirondola was appointed as Director at MODIV INDUSTRIAL, INC..
  - Action: appointed
  - Role: Director
  source text: the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed each of Asma Ishaq, Kimberly Smith and Connie Tirondola to serve as directors on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- Executive change
  Asma Ishaq was appointed as Director at MODIV INDUSTRIAL, INC..
  - Action: appointed
  - Role: Director
  source text: the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed each of Asma Ishaq, Kimberly Smith and Connie Tirondola to serve as directors on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- Executive change
  Jeffrey Randolph resigned as Director at MODIV INDUSTRIAL, INC..
  - Action: resigned
  - Role: Director
  source text: On December 7, 2021, Raymond E. Wirta, Jeffrey Randolph and Joe F. Hanauer resigned as members of the Board of Directors (the “Board”) of Modiv Inc. (the “Company”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- Executive change
  Raymond E. Wirta resigned as Director at MODIV INDUSTRIAL, INC..
  - Action: resigned
  - Role: Director
  source text: On December 7, 2021, Raymond E. Wirta, Jeffrey Randolph and Joe F. Hanauer resigned as members of the Board of Directors (the “Board”) of Modiv Inc. (the “Company”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- Executive change
  Joe F. Hanauer resigned as Director at MODIV INDUSTRIAL, INC..
  - Action: resigned
  - Role: Director
  source text: On December 7, 2021, Raymond E. Wirta, Jeffrey Randolph and Joe F. Hanauer resigned as members of the Board of Directors (the “Board”) of Modiv Inc. (the “Company”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- Executive change
  Adam S. Markman was appointed as Chairman of the Board at MODIV INDUSTRIAL, INC..
  - Action: appointed
  - Role: Chairman of the Board
  source text: the Board appointed Adam S. Markman, a current member of the Board, as Chairman of the Board and Chairman of the Audit Committee of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
- Executive change
  Kimberly Smith was appointed as Director at MODIV INDUSTRIAL, INC..
  - Action: appointed
  - Role: Director
  source text: the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed each of Asma Ishaq, Kimberly Smith and Connie Tirondola to serve as directors on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm

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