Paramount Group, Inc. (NYSE:PGRE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April2, 2018, Jolanta Bott, the Executive Vice President, Operations and Human Resources of Paramount Group, Inc. (the “Company”), notified the Company that she will be retiring on June30, 2018.
“Jolanta joined Paramount shortly after it was founded almost 40 years ago, and her dedication and contributions over the years would be hard to overstate. Jolanta has been one of the most valued members of Paramount’s executive team during my entire tenure. She will truly be missed, and we wish her the best in her retirement,” said Albert Behler, the Company’s Chairman, Chief Executive Officer and President.
About Paramount Group, Inc. (NYSE:PGRE)
Paramount Group, Inc. is a real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (D.C.) and San Francisco. The Company conducts its business primarily through Paramount Group Operating Partnership LP. It operates through the segment, which includes operating, leasing and managing office properties. Its portfolio consists of over 12 Class A office properties aggregating approximately 10.4 million square feet. It also has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals. The Company’s private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco.
