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): June 21, 2017
EQUITY RESIDENTIAL
(Exact name of registrant as specified in its charter)
Maryland | 1-12252 | 13-3675988 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
ERP OPERATING LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
Illinois | 0-24920 | 36-3894853 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) | ||
Two North Riverside Plaza Suite 400, Chicago, Illinois (Address of principal executive offices) |
60606 (Zip Code) |
Registrants telephone number, including area code (312) 474-1300
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 (see General Instruction A.2 below):
☐ | 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)) |
Indicate by check mark whether either registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 21, 2017, Equity Residential (the Company) announced that Bruce C. Strohm, 62, its Executive Vice President and General Counsel since 1995, will retire from the Company effective January 1, 2018 (the Retirement Date), and be succeeded by Scott J. Fenster, currently Senior Vice President Legal of the Company.
Mr. Fenster, 41, joined the Company in 2003 and has extensive experience in capital markets and securities matters, real estate transactions and development, joint ventures, corporate transactions and corporate governance. Prior to joining the Company, Mr. Fenster was an associate at Katten Muchin Rosenman LLP. Mr. Fenster is a graduate of the University of Illinois and received his J.D. from The University of Michigan Law School.
Pursuant to a Retirement Agreement entered into between Mr. Strohm and the Company on June 21, 2017, Mr. Strohm will be eligible to receive a cash bonus and equity grant in early 2018 for his 2017 service, determined by the Compensation Committee of the Companys Board of Trustees at the same time and in the same manner as for the Companys other executives. Mr. Strohm will also be entitled to certain retirement benefits as previously disclosed in the Companys most recent proxy statement filed with the Securities and Exchange Commission on April 27, 2017. No severance will be payable to Mr. Strohm in connection with his retirement.
ITEM 9.01 | Financial Statements and Exhibits. |
99.1 | Press Release dated June 21, 2017, announcing the year-end retirement of Bruce C. Strohm, Executive Vice President and General Counsel |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
EQUITY RESIDENTIAL | ||||||
Date: June 21, 2017 | By: | /s/ David J. Neithercut | ||||
Name: | David J. Neithercut | |||||
Its: | Chief Executive Officer | |||||
ERP OPERATING LIMITED PARTNERSHIP | ||||||
By: | Equity Residential, its general partner | |||||
Date: June 21, 2017 | By: | /s/ David J. Neithercut | ||||
Name: | David J. Neithercut | |||||
Its: | Chief Executive Officer |
Exhibit 99.1
NEWS RELEASE FOR IMMEDIATE RELEASE
CONTACT: Marty McKenna | (312) 928-1901 | |
June 21, 2017 |
Equity Residential Announces Year-End Retirement of Bruce C. Strohm,
Executive Vice President and General Counsel
Chicago, IL June 21, 2017 Equity Residential (NYSE: EQR) today announced that Bruce C. Strohm, its Executive Vice President and General Counsel since 1995, will retire from the Company effective January 1, 2018 and be succeeded by Scott J. Fenster, currently Senior Vice President Legal.
Mr. Strohm, 62, joined one of Equity Residentials predecessor companies in 1988, represented the Company in its 1993 initial public offering and was named Executive Vice President and General Counsel in 1995.
Bruce has been a valued partner who has provided insightful and business-savvy legal counsel to me and my predecessors, the executive team and our Board of Trustees for more than 20 years. We thank him for his tremendous contributions to helping make Equity Residential the company it is today and wish him the very best in his retirement, said David J. Neithercut, Equity Residentials President and CEO.
Mr. Fenster, 41, joined the Company in 2003 and has extensive experience in capital markets and securities matters, real estate transactions and development, joint ventures, corporate transactions and corporate governance. Prior to joining the Company, Mr. Fenster was an associate at Katten Muchin Rosenman LLP. Mr. Fenster is a graduate of the University of Illinois and received his J.D. from The University of Michigan Law School.
About Equity Residential
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets where todays renters want to live, work and play. Equity Residential owns or has investments in 302 properties consisting of 77,346 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California. For more information on Equity Residential, please visit our website at www.equityapartments.com.