Core Viewpoint - Healthcare Realty Trust Incorporated has reduced its Board of Directors from 12 to 7 members to align with best practices in corporate governance within the REIT industry [1][3]. Board Changes - Five directors, Nancy Agee, Ajay Gupta, James Kilroy, Peter Lyle, and Christann Vasquez, voluntarily retired from the Board effective June 18, 2025 [2]. - The Board now consists of seven directors, including independent chairman Thomas Bohjalian, President and CEO Peter Scott, and independent directors David Henry, Jay Leupp, Constance Moore, Glenn Rufrano, and Donald Wood [3]. Management Statements - Thomas Bohjalian expressed gratitude towards the retiring directors for their service and contributions, emphasizing the importance of their insights [3]. - Peter Scott highlighted the commitment to enhancing relationships with stakeholders and fostering a winning mentality at Healthcare Realty, supported by a high-quality portfolio and strong industry fundamentals [3]. Company Overview - Healthcare Realty is a real estate investment trust (REIT) specializing in medical outpatient buildings, with a portfolio of over 640 properties totaling over 38 million square feet across 15 growth markets [4].
Healthcare Realty Announces Reduction in Size of Board of Directors