Douglas Emmett (NYSE: DEI) elevates COO Kenneth Panzer to President role
Rhea-AI Filing Summary
Douglas Emmett, Inc. announced an internal leadership change in its senior executive team. On December 4, 2025, the board of directors appointed Kenneth M. Panzer, currently Chief Operating Officer, to also serve as President of the company, effective the same day. After this change, Mr. Panzer will hold the dual role of President and Chief Operating Officer.
The company states there are no special agreements leading to Mr. Panzer’s new title, no family relationships with other directors or executive officers, no changes to his compensation in connection with this appointment, and no additional material related-party transactions beyond those already described in the company’s April 18, 2025 proxy statement. In connection with this move, Jordan L. Kaplan will cease serving as President but will continue as Chairman and Chief Executive Officer, with his existing compensation arrangements unchanged.
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FAQ
What executive leadership change did Douglas Emmett, Inc. (DEI) announce?
Douglas Emmett, Inc. announced that on December 4, 2025, its board appointed Kenneth M. Panzer, the existing Chief Operating Officer, to also serve as President of the company, effective the same day.
What roles will Kenneth M. Panzer hold at Douglas Emmett, Inc. (DEI) after this change?
Following the board’s action on December 4, 2025, Kenneth M. Panzer will serve as both President and Chief Operating Officer of Douglas Emmett, Inc.
How does this appointment affect Jordan L. Kaplan’s role at Douglas Emmett, Inc. (DEI)?
In connection with Mr. Panzer’s appointment as President, Jordan L. Kaplan will cease to serve as President but will continue in his positions as the company’s Chairman and Chief Executive Officer, with his existing compensation arrangements remaining in effect.
Were there any changes to Kenneth M. Panzer’s compensation when he became President of DEI?
No. The company states there are no changes to Mr. Panzer’s compensation arrangements in connection with his appointment as President, and that his compensation remains as previously disclosed in the April 18, 2025 proxy statement.
Did Douglas Emmett, Inc. disclose any related-party transactions tied to this management change?
The company states there are no direct or indirect material interests in any transaction requiring disclosure for Mr. Panzer in connection with this appointment, other than those already described in the April 18, 2025 proxy statement.
Are there any family relationships connected to Kenneth M. Panzer’s appointment at DEI?
No. Douglas Emmett, Inc. notes there are no family relationships between Mr. Panzer and any of the company’s directors or executive officers in connection with his appointment as President.
