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PDM

Piedmont Office Realty

$20.21 /

-0.27 (-1.32%)

16:59
03/19/19
03/19
16:59
03/19/19
16:59

Piedmont Office Realty CEO Miller to retire, Brent smith to succeed

Piedmont Office Realty Trust announced that Donald A. Miller, CFA, who has served as the company's Chief Executive Officer since 2007, will retire effective June 30 and that the Board of Directors has named C. Brent Smith, the company's current President and Chief Investment Officer, as his successor. Mr. Smith was also appointed to the Board of Directors, effective immediately. Mr. Miller will stand for re-election to the Board of Directors for the 2019-20 term. "The entire Piedmont team has worked together diligently over the last several years to hone our competitive strategy, narrow our markets, and improve our portfolio of properties. During this time, Brent has provided valuable insight and leadership to the organization and been instrumental in the execution of each of the major transactions that have advanced this strategy," said Mr. Miller. "We have been working with the Board on this management transition for a while and I am excited about Brent officially assuming leadership of Piedmont as we all endeavor to drive our business and strategy to build value for our stockholders."

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PDM Piedmont Office Realty
$20.21 /

-0.27 (-1.32%)

02/07/19 Stifel
Piedmont Office Realty upgraded to Hold on better value creation at Stifel
02/06/19 Stifel
Piedmont Office Realty upgraded to Hold from Sell at Stifel
01/08/19 Baird
Piedmont Office Realty downgraded to Neutral from Outperform at Baird
11/30/18 SunTrust
Piedmont Office Realty upgraded to Buy from Hold at SunTrust

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