Piedmont Office Realty Trust, Inc. Announces CFO Transition

Company Transition - Piedmont Office Realty Trust, Inc. announced the transition of Robert E. Bowers from Chief Financial Officer (CFO) to an administrative role effective November 8th, with Sherry L. Rexroad succeeding him [1] - Sherry L. Rexroad brings approximately 30 years of experience in REITs, finance, and capital markets, having most recently served as CFO of STORE Capital [1] Leadership Commentary - CEO C. Brent Smith commented on Bowers' contributions, stating he has left an indelible mark on the company since its public listing in 2010 and expressed gratitude for his strategic collaboration [3] - Smith expressed enthusiasm for Rexroad's leadership as the company enters a new chapter [3] Company Overview - Piedmont Office Realty Trust is a fully integrated, self-managed REIT with a portfolio valued at approximately $5 billion, comprising around 16 million square feet of Class A office properties primarily located in major U.S. Sunbelt markets [4] - The company is investment-grade rated by S&P Global Ratings (BBB-) and Moody's (Baa3) and was recognized as a 2024 ENERGY STAR Partner of the Year – Sustained Excellence [4]