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The company said it appointed Neale Redington as Senior Vice President and Chief Accounting Officer on May 29, 2024, effective June 27, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it appointed Neale Redington as Senior Vice President and Chief Accounting Officer on May 29, 2024, effective June 27, 2024.

  2. Realty Income said Redington succeeds Sean Nugent as principal accounting officer, and that Nugent will continue to serve as Senior Vice President and Controller after the effective date.

  3. The company said Redington, 57, served as Chief Accounting Officer of Colony Capital, Inc. from 2008 to 2021 and as Chief Financial Officer of Colony Credit Real Estate, Inc. from 2018 to 2021.

  4. The company said Redington's annual compensation consists of a base salary of $350,000, a target annual cash bonus of $350,000, and a 2024 target annual restricted stock award valued at $600,000.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Neale Redington Appointed Chief Accounting Officer

The company said it appointed Neale Redington as Senior Vice President and Chief Accounting Officer on May 29, 2024, effective June 27, 2024.

Source · Based on the filing body and exhibits

Sean Nugent to Be Succeeded, Keeps Controller Role

Realty Income said Redington succeeds Sean Nugent as principal accounting officer, and that Nugent will continue to serve as Senior Vice President and Controller after the effective date.

Source · Based on the filing body and exhibits

Redington's Career Background

The company said Redington, 57, served as Chief Accounting Officer of Colony Capital, Inc. from 2008 to 2021 and as Chief Financial Officer of Colony Credit Real Estate, Inc. from 2018 to 2021.

Source · Based on the filing body and exhibits

Redington's Annual Compensation Structure

The company said Redington's annual compensation consists of a base salary of $350,000, a target annual cash bonus of $350,000, and a 2024 target annual restricted stock award valued at $600,000.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.