Americold Realty Trust Elects New Directors, Updates Executive Compensation
Ticker: COLD · Form: 8-K · Filed: Mar 12, 2024 · CIK: 1455863
| Field | Detail |
|---|---|
| Company | Americold Realty Trust (COLD) |
| Form Type | 8-K |
| Filed Date | Mar 12, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $375,000, $250,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: AMRC
TL;DR
Americold adds 2 new directors, board shakeup incoming.
AI Summary
Americold Realty Trust announced on March 11, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Paul D. Doyle and David L. Johnson, to its Board, effective immediately. Additionally, the filing details the compensation arrangements for certain named executive officers, though specific dollar amounts for these arrangements are not detailed in this section of the filing.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and executive compensation details, which are standard for public companies and do not indicate immediate financial distress or significant operational shifts.
Key Players & Entities
- Americold Realty Trust (company) — Registrant
- Paul D. Doyle (person) — Newly elected director
- David L. Johnson (person) — Newly elected director
- March 11, 2024 (date) — Date of Report
FAQ
Who were the newly elected directors to Americold Realty Trust's Board?
Paul D. Doyle and David L. Johnson were elected as new directors to the Board of Americold Realty Trust.
When were the new directors elected?
The new directors were elected effective March 11, 2024.
What other information is provided in this 8-K filing?
The filing also details compensatory arrangements of certain officers.
What is the principal executive office address for Americold Realty Trust?
The principal executive offices are located at 10 Glenlake Parkway, South Tower, Suite 600, Atlanta, Georgia 30328.
What is the SIC code for Americold Realty Trust?
The Standard Industrial Classification (SIC) code for Americold Realty Trust is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 1,100 words · 4 min read · ~4 pages · Grade level 12.3 · Accepted 2024-03-12 16:02:32
Key Financial Figures
- $0.01 — ge on which registered Common Stock, $0.01 par value per share COLD New York Stock
- $375,000 — nd benefits: an annual base salary of $375,000, which will be reviewed on an annual ba
- $250,000 — d and time-based equity awards totaling $250,000; and participation in the Company's re
Filing Documents
- art-20240311.htm (8-K) — 35KB
- robertharris_promotionxfin.htm (EX-10.1) — 12KB
- image_0a.jpg (GRAPHIC) — 2KB
- image_1a.jpg (GRAPHIC) — 2KB
- image_2a.jpg (GRAPHIC) — 2KB
- 0001628280-24-010525.txt ( ) — 186KB
- art-20240311.xsd (EX-101.SCH) — 2KB
- art-20240311_lab.xml (EX-101.LAB) — 22KB
- art-20240311_pre.xml (EX-101.PRE) — 13KB
- art-20240311_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Robert Harris offer letter. 104 Cover Page Interactive Data File (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. Date: March 11, 2024 Americold Realty Trust, Inc. By: /s/ E. Jay Wells Name: E. Jay Wells Title: Chief Financial Officer and Executive Vice President