CTO Realty Growth Announces Executive and Director Changes
Ticker: CTO-PA · Form: 8-K · Filed: Mar 29, 2024 · CIK: 23795
Sentiment: neutral
Topics: management-change, personnel
TL;DR
CTO Realty Growth shakes up leadership with new execs and directors appointed March 27.
AI Summary
CTO Realty Growth, Inc. announced on March 27, 2024, changes in its executive and director roles. The company elected new directors and appointed new officers, including a new Chief Financial Officer, and also disclosed details regarding compensatory arrangements for certain officers. These changes are effective as of March 27, 2024.
Why It Matters
Changes in key leadership positions can signal shifts in company strategy or operational focus, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in executive and director roles can introduce uncertainty regarding future strategy and operational execution.
Key Players & Entities
- CTO Realty Growth, Inc. (company) — Registrant
- March 27, 2024 (date) — Effective date of changes
FAQ
Who were the key individuals appointed or departing from CTO Realty Growth, Inc.?
The filing indicates the election of new directors and appointment of certain officers, including a new Chief Financial Officer, effective March 27, 2024, but does not name the specific individuals in this excerpt.
What specific compensatory arrangements were disclosed for officers?
The filing states that details regarding compensatory arrangements of certain officers are disclosed, but the specific details are not provided in this excerpt.
What is the effective date of these changes?
The changes in directors and officers, as well as compensatory arrangements, are effective as of March 27, 2024.
What is the primary business of CTO Realty Growth, Inc.?
CTO Realty Growth, Inc. is a Real Estate Investment Trust (REIT).
What is the SEC file number for this filing?
The SEC file number for this 8-K filing is 001-11350.
Filing Stats: 641 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-03-29 16:30:27
Key Financial Figures
- $0.01 — ge on which registered: Common Stock, $0.01 par value per share CTO NYSE 6.37
Filing Documents
- tm2410099d1_8k.htm (8-K) — 26KB
- 0001104659-24-041161.txt ( ) — 241KB
- cto-20240327.xsd (EX-101.SCH) — 4KB
- cto-20240327_def.xml (EX-101.DEF) — 26KB
- cto-20240327_lab.xml (EX-101.LAB) — 36KB
- cto-20240327_pre.xml (EX-101.PRE) — 25KB
- tm2410099d1_8k_htm.xml (XML) — 6KB
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 29, 2024 CTO Realty Growth, Inc. By: /s/ John P. Albright John P. Albright, President and Chief Executive Officer