AI English summary of an SEC filing — figures as filed
Regency Centers REGThe company said Alan T. Roth became East Region President and Chief Operating Officer effective January 1, 2024. He previously was Executive Vice President, National Operations and East Region President.
Key points
AI summaryThe company said Alan T. Roth became East Region President and Chief Operating Officer effective January 1, 2024. He previously was Executive Vice President, National Operations and East Region President.
The company said Nicholas A. Wibbenmeyer became West Region President and Chief Investment Officer effective January 1, 2024. He previously was West Region President, and he will continue to be responsible for investment and development strategy and processes nationally.
The company said Roth, 48, joined the company as a Leasing Agent in 1997, and Wibbenmeyer, 43, joined the company in 2005 as Manager of Investments. It also said neither of the two executives is a party to any transaction required to be disclosed under Item 404(a) of Regulation S-K, and neither has a family relationship with any other executive officer or director.
The company said both executives will be eligible for an annual base salary and an annual cash incentive with a target value based on a percentage of base salary. Their long-term equity incentives will consist of performance shares and time-vested restricted stock that vests ratably over several years. The company said the Compensation Committee will determine their 2024 base compensation and incentive awards.
Summary
AI-writtenAnalysis 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.
Alan T. Roth Named Chief Operating Officer and East Region President
The company said Alan T. Roth became East Region President and Chief Operating Officer effective January 1, 2024. He previously was Executive Vice President, National Operations and East Region President.
Source · Based on the filing body and exhibits
Nicholas A. Wibbenmeyer Named Chief Investment Officer and West Region President
The company said Nicholas A. Wibbenmeyer became West Region President and Chief Investment Officer effective January 1, 2024. He previously was West Region President, and he will continue to be responsible for investment and development strategy and processes nationally.
Source · Based on the filing body and exhibits
Executive Biographies and Relationship Disclosures
The company said Roth, 48, joined the company as a Leasing Agent in 1997, and Wibbenmeyer, 43, joined the company in 2005 as Manager of Investments. It also said neither of the two executives is a party to any transaction required to be disclosed under Item 404(a) of Regulation S-K, and neither has a family relationship with any other executive officer or director.
Source · Based on the filing body and exhibits
Compensation Structure for New Roles
The company said both executives will be eligible for an annual base salary and an annual cash incentive with a target value based on a percentage of base salary. Their long-term equity incentives will consist of performance shares and time-vested restricted stock that vests ratably over several years. The company said the Compensation Committee will determine their 2024 base compensation and incentive awards.
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.
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