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Douglas Emmett (NYSE: DEI) elevates COO Kenneth Panzer to President role

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

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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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 4, 2025
deiblacklogoa61.jpg

Douglas Emmett, Inc.
(Exact name of registrant as specified in its charter)
Maryland001-3310620-3073047
(State or other jurisdiction of incorporation)Commission file number(I.R.S. Employer identification No.)
1299 Ocean Avenue, Suite 1000,Santa Monica,California90401
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code:    (310) 255-7700


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading SymbolName of Each Exchange on Which Registered
Common Stock, $0.01 par value per shareDEINew York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 4, 2025, the board of directors (the “Board”) of Douglas Emmett, Inc. (the “Company”) approved the appointment of Kenneth M. Panzer, the Chief Operating Officer of the Company, to the position of President of the Company, effective as of December 4, 2025. Following this appointment, Mr. Panzer will serve as President and Chief Operating Officer. There are i) no arrangements or understandings between Mr. Panzer and any other persons pursuant to which he was appointed as President, ii) no family relationships that exist among any of the Company’s directors or executive officers and Mr. Panzer, iii) no changes to Mr. Panzer’s compensation arrangements, as previously disclosed in the Company’s definitive proxy statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission on April 18, 2025 (the “Proxy Statement”) that have been made in connection with his appointment as President and iv) no direct or indirect material interests in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K other than as described in the Proxy Statement. For more information about Mr. Panzer, please see the Proxy Statement.

In connection with the appointment of Mr. Panzer as President of the Company, Jordan L. Kaplan, currently the Company’s Chairman, Chief Executive Officer and President, will cease to serve as President. Mr. Kaplan will continue to serve as the Company’s Chairman and Chief Executive Officer, and his existing compensation arrangements, as previously disclosed in the Proxy Statement, remain in effect.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 DOUGLAS EMMETT, INC.
Dated:December 9, 2025By:/s/ PETER D. SEYMOUR
  Peter D. Seymour
  Chief Financial Officer


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.

Douglas Emmett Inc

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