---
schema_version: "secwatch.filing_event.v1"
accession: "0001656423-23-000016"
form_type: "8-K"
ticker: "BXP"
cik: "0001037540"
company_name: "BXP, Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T14:05:16.702515+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BXP Senior EVP Ray Ritchey transitions to part-time role through Dec 2023

## Summary
- Ritchey will devote ~50% of business time to BXP through Dec 31, 2023; no automatic renewal.
- Annual base salary of $750,000; target 2023 bonus of $1,650,000, subject to Compensation Committee discretion.
- Ceases to be covered under Senior Executive Severance Plan; severance terms modified for without-Cause or Good Reason termination.
- Will continue to support BXP's Washington DC, Los Angeles, and Seattle regional businesses and coordinate leasing.

## SEC filing metadata
- accession: 0001656423-23-000016
- form_type: 8-K
- ticker: BXP
- cik: 0001037540
- company_name: BXP, Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000016/0001656423-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000016/bxp-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656423-23-000016
- JSON: https://secwatch.observer/filing/0001656423-23-000016.json
- Plain text: https://secwatch.observer/filing/0001656423-23-000016.txt

## Key facts
- Executive change
  Raymond A. Ritchey changed role as Senior Executive Vice President at BXP, Inc..
  - Action: entered into a Second Amended and Restated Employment Agreement
  - Role: Senior Executive Vice President
  source text: On February 28, 2023 , Boston Properties, Inc. (the “Company”) entered into a Second Amended and Restated Employment Agreement with Raymond A. Ritchey (the “Agreement”) pursuant to which Mr. Ritchey will continue to serve as Senior Executive Vice President through December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000016/0001656423-23-000016-index.htm

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