UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 31, 2013
DUKE REALTY CORPORATION
DUKE REALTY LIMITED PARTNERSHIP
(Exact name of registrant specified in its charter)
Duke Realty Corporation:
Indiana | 1-9044 | 35-1740409 | ||
(State of Formation) | (Commission File Number) |
(IRS Employer Identification No.) |
Duke Realty Limited Partnership:
Indiana | 0-20625 | 35-1898425 | ||
(State of Formation) | (Commission File Number) |
(IRS Employer Identification No.) |
600 East 96th Street
Suite 100
Indianapolis, IN 46240
(Address of Principal Executive Offices, Zip Code)
Registrants telephone number, including area code: (317) 808-6000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective July 31, 2013, James B. Connor, Senior Regional Executive Vice President of Duke Realty Corporation (the Company), was appointed to serve as Senior Executive Vice President and Chief Operating Officer of the Company. Mr. Connor, age 54, joined the Company in 1998 as Senior Vice President, Industrial Operations, and has since held various management positions, including Regional Executive Vice President, Midwest Operations. He is a member of the Companys Executive, Investment and Operating Committees. Before joining the Company, Mr. Connor held numerous executive and brokerage positions with Cushman & Wakefield over a period of 17 years, most recently serving as Senior Managing Director for the Midwest area. Mr. Connor received his bachelors degree in Business Administration and Real Estate Finance from Western Illinois University.
Mr. Connor will be paid a base salary of $425,000 with a target annual incentive bonus of 125% of his base salary and a target long-term equity-based incentive award of 180% of his base salary.
There are no transactions involving Mr. Connor that are required to be disclosed pursuant to Item 404(a) of Regulation S-K, respectively.
Item 7.01. | Regulation FD Disclosure. |
On August 7, 2013, the Company issued a press release announcing the appointment of Mr. Connor as Senior Executive Vice President and Chief Operating Officer. The entire text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information contained in this Item 7.01, including the related information set forth in the press release attached hereto and incorporated by reference herein, is being furnished and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of Section 18 of the Exchange Act. The information in this Item 7.01 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or into any filing or other document pursuant to the Exchange Act, except as otherwise expressly stated in any such filing.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits |
Exhibit Number |
Description | |
99.1 | Press Release, dated August 7, 2013.* |
* | The press release is being furnished and not filed as described in Item 7.01 of this Current Report on Form 8-K. |
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.
DUKE REALTY CORPORATION | ||
By: | /s/ Ann C. Dee | |
Ann C. Dee | ||
Executive Vice President, General Counsel and Corporate Secretary | ||
DUKE REALTY LIMITED PARTNERSHIP | ||
By: | Duke Realty Corporation, its general partner | |
By: | /s/ Ann C. Dee | |
Ann C. Dee | ||
Executive Vice President, General Counsel and Corporate Secretary |
Dated: August 7, 2013
Exhibit Index
Exhibit Number |
Description | |
99.1 | Press Release, dated August 7, 2013.* |
* | The press release is being furnished and not filed as described in Item 7.01 of this Current Report on Form 8-K. |
Exhibit 99.1
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News Release |
FOR IMMEDIATE RELEASE
DUKE REALTY NAMES JAMES B. CONNOR CHIEF OPERATING OFFICER
(INDIANAPOLIS, Ind. August 7, 2013) Duke Realty Corporation (NYSE: DRE), a leading nationwide REIT (Real Estate Investment Trust) specializing in the ownership, management and development of bulk industrial facilities, medical office properties and suburban office buildings, announced today that James B. Connor has been promoted to Senior Executive Vice President and Chief Operating Officer.
Jim Connor has been a senior leader at Duke Realty for nearly fifteen years. Jim has operated out of our Chicago office and has been in charge of all our Midwest bulk industrial and suburban office operations since 2003. said Denny Oklak, Chairman and Chief Executive Officer of Duke Realty. In his new role, Jim will take direct responsibility for real estate operations across the country.
Mr. Connor has been with Duke Realty since 1998. He joined Duke Realtys Chicago office as Senior Vice President, Industrial Operations. In 2003 he was promoted to Regional Executive Vice President, Midwest Operations. In 2009 he was promoted to Senior Regional Executive Vice President and assumed additional corporate responsibilities. Mr. Connor is a member of the Companys Executive, Investment and Operating Committees. Prior to joining Duke Realty, Mr. Connor spent 17 years in industrial real estate in Chicago with Cushman and Wakefield.
Mr. Connor received his bachelors degree in Business Administration and Real Estate Finance from Western Illinois University.
About Duke Realty
Duke Realty owns and operates approximately 148 million rentable square feet of industrial and office assets, including medical office, in 18 major U.S. cities. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty is available at www.dukerealty.com.
James Connor Named Duke Realtys Chief Operating Officer
August 7, 2013
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Investor Contact:
Ron Hubbard
VP, Investor Relations
317.808.6060
Media Contact:
Helen McCarthy
Manager, Communications and Public Relations
317.708.8010