-----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, GoJDHb4+JriJ7D4+lQNhxAcHb9/yOTOZcR4v0d+BvExexewbeB6/dRhdIEu7Elzc T9Jw6zx0fuVWPOAszVA07g== 0000950137-08-011675.txt : 20080917 0000950137-08-011675.hdr.sgml : 20080917 20080917143541 ACCESSION NUMBER: 0000950137-08-011675 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080911 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: 20080917 DATE AS OF CHANGE: 20080917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRUBB & ELLIS CO CENTRAL INDEX KEY: 0000216039 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 941424307 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08122 FILM NUMBER: 081075964 BUSINESS ADDRESS: STREET 1: 500 WEST MONROE STREET STREET 2: SUITE 2800 CITY: CHICAGO STATE: IL ZIP: 60661 BUSINESS PHONE: 3126986700 MAIL ADDRESS: STREET 1: 500 WEST MONROE STREET STREET 2: SUITE 2800 CITY: CHICAGO STATE: IL ZIP: 60661 8-K 1 a43807e8vk.htm FORM 8-K e8vk
Table of Contents

 
 
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) September 11, 2008
GRUBB & ELLIS COMPANY
 
(Exact name of registrant as specified in its charter)
         
Delaware   1-8122   94-1424307
 
(State or other
jurisdiction of
formation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
1551 North Tustin Avenue, Suite 300, Santa Ana, California 92705
 
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (714) 667-8252
Not Applicable
 
(Former name or former address, if changed since last report)
 
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))
 
 

 


TABLE OF CONTENTS

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EXHIBIT 99.1


Table of Contents

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     On September 11, 2008, Francene LaPoint, Executive Vice President of Accounting and Finance of Grubb & Ellis Company (the “Company”), notified the Company that she was resigning effective October 3, 2008. Ms. LaPoint also serves as the Chief Financial Officer of the Company’s investment subsidiary, Grubb & Ellis Realty Investors, LLC (“Realty Investors”). Ms. LaPoint did not resign as a result of any disagreement with the operations, policies or practices of the Company.
     On September 17, 2008, the Company announced that Michael J. Rispoli, the Company’s Senior Vice President, Strategic Planning and Investor Relations, has been promoted to replace Ms. LaPoint as the Chief Financial Officer of Realty Investors. In addition to his added responsibilities as Chief Financial Officer of Realty Investors, Mr. Rispoli will continue to serve as the Company’s Senior Vice President, Strategic Planning and Investor Relations. The accounting and finance functions that Ms. LaPoint has been performing for the Company will be assumed by various members of the Company’s existing financial team.
     Mr. Rispoli, 36, joined NNN Realty Advisors (“NNN”) in May 2007 prior to NNN’s December 2007 merger with the Company. From 2004 to 2007, Mr. Rispoli was Executive Director and Corporate Controller of Conexant Systems, Inc., a publicly traded semiconductor company with $1 billion in annual revenue. Prior to such time, Mr. Rispoli spent two years as Assistant Controller of GlobespanVirata, Inc., which merged with Conexant Systems, Inc. in February 2004. Mr. Rispoli began his career as Manager of Audit and Business Assurance Services at PricewaterhouseCoopers LLP in 1993. A Certified Public Accountant, Mr. Rispoli holds a bachelor’s degree from Seton Hall University.
     A copy of the press release issued by the Company regarding the foregoing is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)   The following are filed as Exhibits to this Current Report on Form 8-K:
  99.1   Press Release issued by Grubb & Ellis Company on September 17, 2008.

 


Table of Contents

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly authorized and caused the undersigned to sign this Report on the Registrant’s behalf.
         
  GRUBB & ELLIS COMPANY
 
 
  By:   /s/ Richard W. Pehlke    
    Richard W. Pehlke   
    Chief Financial Officer and Executive Vice President   
 
Dated: September 17, 2008

 


Table of Contents

EXHIBIT INDEX
     
Exhibit    
Number   Description
99.1
  Press Release issued by Grubb & Ellis Company on September 17, 2008.

 

EX-99.1 2 a43807exv99w1.htm EXHIBIT 99.1 exv99w1
Exhibit 99.1
     
(Grubb Ellis)
  Media Release
         
FOR IMMEDIATE RELEASE
  Contact:   Janice McDill, 312.698.6707
janice.mcdill@grubb-ellis.com
Grubb & Ellis Company Names Michael J. Rispoli
Chief Financial Officer of its Investment Subsidiary,
Grubb & Ellis Realty Investors, LLC
SANTA ANA, Calif. (Sept. 17, 2008) — Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced today that Michael J. Rispoli, currently the Company’s Senior Vice President, Strategic Planning and Investor Relations, has been promoted to Chief Financial Officer of Grubb & Ellis Realty Investors, LLC, the Company’s investment subsidiary. He succeeds Francene LaPoint, who has resigned effective October 3, 2008 as Executive Vice President, Accounting and Finance of Grubb & Ellis Company and Chief Financial Officer of Grubb & Ellis Realty Investors.
     Prior to her departure, LaPoint will work closely with Rispoli to ensure a smooth transition of responsibilities.
     “Francene has played an important role in the growth of our investment business, first as NNN Realty Advisors and now as part of Grubb & Ellis. We want to thank Francene for her many contributions and we wish her continued success in her future endeavors,” said Richard W. Pehlke, Executive Vice President and Chief Financial Officer of Grubb & Ellis Company. “I have every confidence that Mike Rispoli, with whom I have worked with closely since the closing of the merger in December 2007, is the right person for this role. This promotion recognizes Mike’s contributions to Grubb & Ellis over the past 10 months as well as his extensive financial and public company experience.”
     Rispoli, 36, will retain his title as Senior Vice President, Strategic Planning and Investor Realtions. As Chief Financial Officer, he will also now have responsibility for all aspects of Grubb & Ellis Realty Investors’ finance function including, accounting, financial planning and analysis, treasury and audit.
-more-
Grubb & Ellis Company
1551 N Tustin Avenue, Suite 300       Santa Ana,       CA       92705       714.667.8252

 


 

2 – 2 – 2
09/17/08
Grubb & Ellis Company Names Michael J. Rispoli Chief Financial Officer of Grubb & Ellis Realty
Investors, LLC
     Rispoli joined NNN Realty Advisors in May 2007 prior to its merger with the Company in December 2007. Since the merger, he has been an important member of the finance team, having played a key role in investor and banking relations, strategic planning and merger integration efforts.
     From 2004 to 2007, Rispoli was Executive Director and Corporate Controller of Conexant Systems, a publicly traded semiconductor company with $1 billion in annual revenue. Earlier, he spent two years as Assistant Controller of GlobespanVirata, Inc., which merged with Conexant in February 2004. He began his career as Manager of Audit and Business Assurance Services at PricewaterhouseCoopers LLP in 1993. A Certified Public Accountant, Rispoli holds a bachelor’s degree from Seton Hall University.
     LaPoint, 43, joined the Company in 2004 as Senior Vice President and Corporate Controller of Triple Net Properties, the predecessor firm to NNN Realty Advisors. She was instrumental in positioning Triple Net Properties for the Company’s 144A private equity offering in 2006, at which time she was promoted to Chief Financial Officer of NNN Realty Advisors.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise.
Grubb & Ellis and its subsidiaries are leading sponsors of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including tax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded real estate investment trusts (REITs) and real estate investment funds. As of June 30, 2008, more than $3.6 billion in investor equity has been raised for these investment programs. The company and its subsidiaries currently manage a growing portfolio of more than 218 million square feet of real estate. In 2007, Grubb & Ellis was selected from among 15,000 vendors as Microsoft Corporation’s Vendor of the Year. For more information regarding Grubb & Ellis Company, please visit www.grubb-ellis.com.
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