-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TVBM+58nFj84N6Gl7SjOO7p0cPf5UO29nIBt9Iy6b/hhgDTqi08qVKZ1Bz34ph9q NFksZCAhvfQhTnVJSzrzdQ== 0001193125-07-119349.txt : 20070521 0001193125-07-119349.hdr.sgml : 20070521 20070521112933 ACCESSION NUMBER: 0001193125-07-119349 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20070517 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070521 DATE AS OF CHANGE: 20070521 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: 07866801 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 d8k.htm FORM 8-K Form 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) May 17, 2007

 


WASHINGTON REAL ESTATE INVESTMENT TRUST

(Exact name of registrant as specified in its charter)

 


 

Maryland   1-6622   53-0261100

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification Number)

6110 Executive Boulevard, Suite 800, Rockville, Maryland 20852

(Address of principal executive offices) (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:

 

¨ 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 PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

At the annual meeting of shareholders of Washington Real Estate Investment Trust (the “Trust”) held on May 17, 2007, Mr. Edmund B. Cronin, Jr., current Chairman of the Board and Chief Executive Officer, announced his retirement as Chief Executive Officer effective as of June 1, 2007. Mr. Cronin will continue as a member of the Board of Trustees and effective June 1, 2007 has been appointed Non-Executive Chairman of the Board of Trustees.

Also effective June 1, 2007, the Trust appointed Mr. George F. McKenzie, the current President and Chief Operating Officer, as a member of the Board of Trustees and Chief Executive Officer. Mr. McKenzie will succeed Mr. Cronin as the Trust’s Chief Executive Officer upon Mr. Cronin’s retirement.

Mr. McKenzie, age 50, joined the Trust in September 1996 and was elected Executive Vice President, Real Estate in 2002. From 1985 to 1996, Mr. McKenzie served with the Prudential Realty Group, a subsidiary of Prudential Insurance Company of America, most recently as Vice President, Investment & Sales.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

 

(c) Exhibits

 

Exhibit 99.1    Press release issued May 18, 2007 regarding appointment of Mr. McKenzie as Chief Executive Officer.


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 thereunto duly authorized.

 

WASHINGTON REAL ESTATE INVESTMENT TRUST
By:  

/s/ SARA L. GROOTWASSINK

  Sara L. Grootwassink
  Chief Financial Officer

May 21, 2007

EX-99.1 2 dex991.htm EXHIBIT 99.1 Exhibit 99.1

Exhibit 99.1

 

LOGO    NEWS RELEASE

 

CONTACT:

Sara Grootwassink

Chief Financial Officer

Direct Dial: 301-255-0820

E-Mail: sgrootwassink@writ.com

   LOGO   

6110 Executive Blvd., Suite 800

Rockville, Maryland 20852

Tel 301-984-9400

Fax 301-984-9610

www.writ.com

 

   Newspaper Quote: WRIT   
Page 1 of 1    FOR IMMEDIATE RELEASE    May 18, 2007

WASHINGTON REAL ESTATE INVESTMENT TRUST APPOINTS

GEORGE F. MCKENZIE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) announces the appointment to Board of Trustees and promotion of George “Skip” McKenzie to President and Chief Executive Officer effective June 1, 2007. Mr. McKenzie will succeed Edmund B. Cronin, Jr., current Chairman of the Board and Chief Executive Officer, upon his retirement. In addition, WRIT announces the promotions of Sara Grootwassink and Laura Franklin to Executive Vice President and the appointment of Michael Paukstitus as Senior Vice President of Real Estate.

Mr. Cronin has been appointed Non-Executive Chairman of the Board. During his 12 year tenure as Chief Executive Officer, WRIT increased its market capitalization from $0.5 billion to $2.9 billion and achieved a total return of 358%.

Mr. McKenzie joined WRIT in September 1996, serving most recently as President and Chief Operating Officer. Prior to joining WRIT, Mr. McKenzie was Vice President, Investment & Sales at Prudential Realty Group, a subsidiary of Prudential Insurance Company of America.

Mr. Paukstitus was most recently an owner and principal in several companies related to real estate investment, development, brokerage, and technology. Prior to that, he served as Managing Vice President of Prudential’s Washington, D.C. operations. Mr. Paukstitus was a founding member of the Washington, D.C./Maryland chapter of the National Association of Industrial & Office Properties, and served as its President and Chairman. He started his career in public accounting with Coopers and Lybrand, now PricewaterhouseCoopers, and is a CPA.

WRIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington/Baltimore metropolitan region. WRIT owns a diversified portfolio of 85 properties consisting of 14 retail centers, 25 general purpose office properties, 14 medical office properties, 23 industrial/flex properties, 9 multi-family properties and land for development. WRIT shares are publicly traded on the New York Stock Exchange (NYSE:WRE).

END

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