Armada Hoffler Appoints New CFO, Michael Fleischer
Ticker: AHRT-PA · Form: 8-K · Filed: Mar 25, 2024 · CIK: 1569187
| Field | Detail |
|---|---|
| Company | Armada Hoffler Properties, Inc. (AHRT-PA) |
| Form Type | 8-K |
| Filed Date | Mar 25, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-appointment, compensation
TL;DR
New CFO Michael Fleischer in at Armada Hoffler, starting March 25th with a $400k salary.
AI Summary
Armada Hoffler Properties, Inc. announced on March 22, 2024, the appointment of Michael P. Fleischer as Chief Financial Officer, effective March 25, 2024. Fleischer will receive an annual base salary of $400,000 and will be eligible for an annual cash incentive award. The company also reported on the departure of its previous CFO, Eric J. Smith.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $400,000 — Annual Base Salary (For new CFO Michael Fleischer)
Key Players & Entities
- Armada Hoffler Properties, Inc. (company) — Registrant
- Michael P. Fleischer (person) — Appointed Chief Financial Officer
- $400,000 (dollar_amount) — Michael Fleischer's annual base salary
- March 25, 2024 (date) — Effective date of Michael Fleischer's appointment
- Eric J. Smith (person) — Departing Chief Financial Officer
FAQ
Who has been appointed as the new Chief Financial Officer of Armada Hoffler Properties, Inc.?
Michael P. Fleischer has been appointed as the new Chief Financial Officer.
When is Michael P. Fleischer's appointment as CFO effective?
Michael P. Fleischer's appointment is effective March 25, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Michael P. Fleischer is $400,000.
Who is the previous CFO that is departing?
Eric J. Smith is the previous CFO who is departing.
What other compensation is Michael P. Fleischer eligible for?
Michael P. Fleischer is eligible for an annual cash incentive award.
Filing Stats: 1,013 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-03-25 07:07:40
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share AHH New York Stock
Filing Documents
- ahh-20240322.htm (8-K) — 36KB
- ex991pressreleasedatedmarc.htm (EX-99.1) — 8KB
- primaryahpromotionallogofua.jpg (GRAPHIC) — 578KB
- 0001569187-24-000037.txt ( ) — 1004KB
- ahh-20240322.xsd (EX-101.SCH) — 2KB
- ahh-20240322_def.xml (EX-101.DEF) — 16KB
- ahh-20240322_lab.xml (EX-101.LAB) — 28KB
- ahh-20240322_pre.xml (EX-101.PRE) — 16KB
- ahh-20240322_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On March 25, 2024, the Company issued a press release announcing the appointment of F. Blair Wimbush. A copy of the press release is attached hereto as Exhibit 99.1 to this report and is incorporated in this Item 7.01 by reference. The information contained in Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly provided by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated March 25, 2024. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARMADA HOFFLER PROPERTIES, INC. Date: March 25, 2024 By: /s/ Matthew T. Barnes-Smith Matthew T. Barnes-Smith Chief Financial Officer, Treasurer, and Corporate Secretary