0000104894-14-000089.txt : 20140903 0000104894-14-000089.hdr.sgml : 20140903 20140903170621 ACCESSION NUMBER: 0000104894-14-000089 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140828 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140903 DATE AS OF CHANGE: 20140903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WASHINGTON REAL ESTATE INVESTMENT TRUST CENTRAL INDEX KEY: 0000104894 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 530261100 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06622 FILM NUMBER: 141081165 BUSINESS ADDRESS: STREET 1: 6110 EXECUTIVE BOULEVARD STREET 2: SUITE 800 CITY: ROCKVILLE STATE: MD ZIP: 20852 BUSINESS PHONE: 3019295900 MAIL ADDRESS: STREET 1: 6110 EXECUTIVE BOULEVARD STREET 2: SUITE 800 CITY: ROCKVILLE STATE: MD ZIP: 20852 8-K 1 a2014cforesignation8-k.htm 8-K 2014 CFO Resignation 8-K


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) August 28, 2014
 WASHINGTON REAL ESTATE
INVESTMENT TRUST
(Exact name of registrant as specified in its charter)
MARYLAND
1-6622
53-0261100
(State of incorporation)
(Commission File Number)
(IRS Employer Identification Number)
6110 EXECUTIVE BOULEVARD, SUITE 800, ROCKVILLE, MARYLAND 20852
(Address of principal executive office) (Zip code)
Registrant’s telephone number, including area code: (301) 984-9400
___________________________________________________
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:
 o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 o 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.

On August 28, 2014, William T. Camp resigned as Executive Vice President & Chief Financial Officer of Washington Real Estate Investment Trust (Washington REIT), such resignation to take effect after a transition period. The transition period is expected to last through year end reporting in February 2015.

Item 9.01. Financial Statements and Exhibits.

(d)    Exhibits
 
The following exhibits are furnished with this report on Form 8-K:
Exhibit Number
 
Description
 
 
 
99.1
 
Press release issued September 3, 2014 regarding the resignation of William T. Camp






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.


 
 
 
WASHINGTON REAL ESTATE INVESTMENT TRUST
 
 
 
 
(Registrant)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
/s/ Laura M. Franklin
 
 
 
 
 
 
(Signature)
 
 
 
 
 
 
 
 
 
 
 
 
 
Laura M. Franklin
 
 
 
 
 
 
Executive Vice President
 
 
 
 
 
Accounting and Administration
 
 
 
 
 
 
 
 
 
September 3, 2014
 
 
 
 
 
 
(Date)
 
 
 
 
 






EXHIBIT INDEX

Exhibit Number
 
Description
 
 
 
99.1
 
Press release issued September 3, 2014 regarding the resignation of William T. Camp



EX-99.1 2 a2014cforesignationex991.htm EXHIBIT 2014 CFO Resignation Ex 99.1

Exhibit 99.1
WASHINGTON REAL ESTATE
INVESTMENT TRUST
NEWS RELEASE
CONTACT:
 
6110 Executive Blvd., Suite 800
William T. Camp
Rockville, Maryland 20852
Executive Vice President and
Tel 301-984-9400
Chief Financial Officer
Fax 301-984-9610
E-Mail: bcamp@writ.com
www.washingtonreit.com
 
 
 
 
September 3, 2014
 
 
 
Washington Real Estate Investment Trust Announces Chief Financial Officer Transition

Bill Camp to Step Down Upon Completion of Successful Search for Successor

Washington Real Estate Investment Trust (“Washington REIT” or the “Company”) (NYSE: WRE), a leading owner of commercial and multifamily properties in the Washington, DC area, today announced that Bill Camp, the Company’s Executive Vice President (EVP) and Chief Financial Officer (CFO), will step down as CFO to pursue other opportunities.

Washington REIT has initiated a search process for a permanent CFO, and will retain an executive search firm to assist with that process. In the interim, Mr. Camp is expected to continue in his role as CFO through the year end reporting period in February and will work to help ensure a smooth transition.

“Bill has made invaluable contributions to Washington REIT over the last six years. During his tenure as CFO, Bill’s strong leadership and dedicated service have played an instrumental role in building Washington REIT’s solid financial foundation and helping us successfully implement our transformational strategy to improve the overall quality of our asset portfolio,” said Paul T. McDermott, President and Chief Executive Officer of Washington REIT. “We are fortunate that Bill has built a strong, deep finance team, and I am confident in the team’s ability to continue its excellent work under our next CFO. We are grateful for Bill’s ongoing assistance during this transition as we continue to execute against our stated strategic priorities to strengthen and grow our portfolio. We wish him all the best in his future endeavors.”

Mr. Camp noted, “My tenure at Washington REIT has been extremely gratifying and enjoyable, and I am very proud of our accomplishments as a team. I have deep appreciation for our Washington REIT employees, our tenants, our Board and our shareholders. I believe the Company is well positioned for continued success, and the timing is right for me to begin to pursue other interests. As I prepare to start the next chapter of my career, I am fully committed to ensuring a seamless transition for Washington REIT. I look forward to watching the Company’s ongoing transformation into a best-in-class operator of commercial real estate in the Washington DC metro area.”

About Washington REIT

Washington REIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. Washington REIT owns a diversified portfolio of 54 properties, totaling approximately 7 million square feet of commercial space and 2,890 multifamily units, and land held for development.  These 54 properties consist of 25 office properties, 16 retail centers and 13 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (NYSE:WRE).

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and


Washington Real Estate Investment Trust
FOR IMMEDIATE RELEASE
Page 2 of 2


other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors include, but are not limited to, the potential for federal government budget reductions, changes in general and local economic and real estate market conditions, the timing and pricing of lease transactions, the availability and cost of capital, fluctuations in interest rates, tenants' financial conditions, levels of competition, the effect of government regulation, the impact of newly adopted accounting principles, and other risks and uncertainties detailed from time to time in our filings with the SEC, including our 2013 Form 10-K and subsequent Quarterly Reports on Form 10-Q. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.