Rexford Industrial Announces Chairman Richard Ziman to Retire Following Annual Meeting
Rexford Industrial Realty (NYSE: REXR) announced that Chairman Richard Ziman will retire from his role and the Board of Directors following the Company's Annual Meeting of Stockholders on June 3, 2025. The Board has approved the appointment of current lead independent director Tyler Rose to serve as the new Chairman, subject to the results of the Annual Meeting.
Co-CEOs Michael Frankel and Howard Schwimmer expressed gratitude for Ziman's contributions and affirmed the company remains well positioned to unlock substantial embedded NOI growth opportunities and drive long-term shareholder value.
Rexford Industrial Realty (NYSE: REXR) ha annunciato che il Presidente Richard Ziman si ritirerà dal suo incarico e dal Consiglio di Amministrazione dopo l'Assemblea Annuale degli Azionisti della Società, prevista per il 3 giugno 2025. Il Consiglio ha approvato la nomina dell'attuale direttore indipendente principale Tyler Rose come nuovo Presidente, subordinatamente ai risultati dell'Assemblea Annuale.
I Co-CEO Michael Frankel e Howard Schwimmer hanno espresso gratitudine per il contributo di Ziman e hanno confermato che l'azienda rimane ben posizionata per sbloccare significative opportunità di crescita del NOI incorporato e per generare valore azionario a lungo termine.
Rexford Industrial Realty (NYSE: REXR) anunció que el presidente Richard Ziman se retirará de su cargo y del Consejo de Administración tras la Junta Anual de Accionistas de la Compañía el 3 de junio de 2025. El Consejo ha aprobado el nombramiento del actual director independiente principal, Tyler Rose, como nuevo presidente, sujeto a los resultados de la Junta Anual.
Los co-CEOs Michael Frankel y Howard Schwimmer expresaron su agradecimiento por las contribuciones de Ziman y afirmaron que la compañía sigue bien posicionada para desbloquear importantes oportunidades de crecimiento del NOI incorporado y generar valor para los accionistas a largo plazo.
렉스포드 인더스트리얼 리얼티(NYSE: REXR)는 이사회 의장 리처드 지만이 2025년 6월 3일 회사 연례 주주총회 이후 직책과 이사회에서 물러날 것이라고 발표했습니다. 이사회는 현재 수석 독립 이사인 타일러 로즈를 연례 주주총회 결과에 따라 신임 의장으로 임명하는 것을 승인했습니다.
공동 CEO 마이클 프랭켈과 하워드 슈위머는 지만의 기여에 감사를 표하며, 회사가 내재된 NOI 성장 기회를 충분히 활용하고 장기적으로 주주 가치를 창출할 수 있는 좋은 위치에 있다고 확신했습니다.
Rexford Industrial Realty (NYSE : REXR) a annoncé que le président Richard Ziman prendra sa retraite de son poste ainsi que du conseil d'administration à l'issue de l'assemblée générale annuelle des actionnaires de la société, prévue le 3 juin 2025. Le conseil a approuvé la nomination de Tyler Rose, actuel directeur indépendant principal, en tant que nouveau président, sous réserve des résultats de l'assemblée générale annuelle.
Les co-CEOs Michael Frankel et Howard Schwimmer ont exprimé leur gratitude pour les contributions de Ziman et ont affirmé que l'entreprise reste bien positionnée pour exploiter d'importantes opportunités de croissance du NOI intégré et générer une valeur actionnariale à long terme.
Rexford Industrial Realty (NYSE: REXR) gab bekannt, dass der Vorsitzende Richard Ziman nach der Jahreshauptversammlung der Aktionäre am 3. Juni 2025 von seiner Rolle und dem Vorstand zurücktreten wird. Der Vorstand hat die Ernennung des derzeitigen leitenden unabhängigen Direktors Tyler Rose zum neuen Vorsitzenden genehmigt, vorbehaltlich der Ergebnisse der Jahreshauptversammlung.
Die Co-CEOs Michael Frankel und Howard Schwimmer dankten Ziman für seine Beiträge und bestätigten, dass das Unternehmen gut positioniert ist, um erhebliche Chancen für eingebettetes NOI-Wachstum zu nutzen und langfristigen Aktionärswert zu schaffen.
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"It's been a privilege to be a part of the tremendous growth of Rexford Industrial, and I have the utmost confidence in the team's continued success," stated Richard Ziman.
"We are deeply grateful for Richard's contributions as Chaiman," stated Michael Frankel and Howard Schwimmer, Co-Chief Executive Officers of the Company. "Looking forward, we remain well positioned to unlock our substantial embedded NOI growth opportunities and drive long-term shareholder value."
Subject to the results of the Annual meeting and the election of directors, the Board of Directors approved the appointment of current lead independent director Tyler Rose to serve as the Chairman of the Board of Directors effective as of the conclusion of the Annual Meeting. Because such appointment is subject to the results of the Annual Meeting, the Company will make the appropriate disclosures if and when such appointment becomes effective.
About Rexford Industrial
Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill
Contact:
Mikayla Lynch
Director, Investor Relations and Capital Markets
(424) 276-3454
mlynch@rexfordindustrial.com
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SOURCE Rexford Industrial Realty, Inc.
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