Getty Realty Corp. (NYSE: GTY) taps Nicole Rapport as chief accounting officer
Rhea-AI Filing Summary
Getty Realty Corp. appointed Nicole Rapport as Vice President and Chief Accounting Officer effective August 16, 2026. She will succeed Eugene Shnayderman, whose employment will terminate on August 14, 2026. His separation is stated not to result from any disagreement over operations, policies, or accounting or financial reporting matters.
Rapport, age 40, previously served as a Vice President at Goldman Sachs from December 2023 through August 2026 and earlier worked at Ernst & Young from September 2008 through December 2023. Her compensation includes an annual base salary of $285,000 and a 2026 year-end bonus of at least $125,000, contingent on continued employment and not being terminated for cause before the payment date.
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Filing Explained
The filing says Getty and Eugene Shnayderman intend to enter a separation agreement, but its terms are not yet finalized; the company will amend the disclosure after finalization, so the economic terms of his departure remain undisclosed.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date – new Chief Accounting Officer: August 16, 2026
Separation date – prior Chief Accounting Officer: August 14, 2026
Annual base salary: $285,000
+3 more
6 metrics
Effective date – new Chief Accounting Officer
August 16, 2026
Nicole Rapport’s appointment as Vice President and Chief Accounting Officer
Separation date – prior Chief Accounting Officer
August 14, 2026
Employment termination date for Eugene Shnayderman
Annual base salary
$285,000
Annual base salary for Nicole Rapport as Vice President and Chief Accounting Officer
2026 year-end bonus minimum
$125,000
Minimum 2026 year-end bonus for Nicole Rapport, contingent on continued employment and not being terminated for cause
Age of new Chief Accounting Officer
40
Age of Nicole Rapport at the time of appointment
Goldman Sachs tenure
December 2023 through August 2026
Period when Nicole Rapport served as Vice President heading financial reporting for SEC-registered REITs and evergreen funds
Key Terms
Chief Accounting Officer, Separation Agreement, Omnibus Incentive Compensation Plan, Item 404(a) of Regulation S-K
4 terms
Chief Accounting Officer financial
"appointed Nicole Rapport as Vice President and Chief Accounting Officer"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
Separation Agreement regulatory
"The Company and Mr. Shnayderman intend to enter into a separation agreement"
A separation agreement is a written contract that spells out the financial and legal terms when an employee and a company part ways, such as final pay, severance, continued benefits, confidentiality, and any release of claims. For investors, it matters because these agreements determine immediate costs, potential future liabilities, and whether departing staff are restricted from competing or disclosing information—factors that can affect a company’s cash flow, risk profile, and leadership continuity.
Omnibus Incentive Compensation Plan financial
"under the Second Amended and Restated Getty Realty Corp. 2004 Omnibus Incentive Compensation Plan"
An omnibus incentive compensation plan is a single, flexible program that lets a company grant different kinds of pay — such as cash bonuses, stock options, restricted stock, or performance awards — to employees, executives and directors. Investors care because the plan affects how much ownership can be given away (dilution), how much the company spends on pay, and whether executives’ goals are aligned with shareholders, much like a menu that decides what rewards staff can pick and how costly they are.
Item 404(a) of Regulation S-K regulatory
"transactions in which Ms. Rapport has an interest requiring disclosure under Item 404(a) of Regulation S-K"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What leadership change did Getty Realty (GTY) make in its accounting function?
Getty Realty appointed Nicole Rapport as Vice President and Chief Accounting Officer effective August 16, 2026, replacing Eugene Shnayderman. His employment will end on August 14, 2026, and the company states his departure is not due to any accounting or reporting disagreement.
When does Eugene Shnayderman’s employment with Getty Realty (GTY) end?
Eugene Shnayderman’s employment will terminate on August 14, 2026, identified as his Separation Date. The company and Shnayderman intend to enter into a Separation Agreement, and the company plans to provide updated details once the agreement terms are finalized.
What is Nicole Rapport’s compensation as Getty Realty’s (GTY) chief accounting officer?
Nicole Rapport will receive an annual base salary of $285,000 and a 2026 year-end bonus of at least $125,000. The bonus is contingent on her not voluntarily leaving and not being terminated for cause before the payment date, and she will participate in company benefit plans.
What is Nicole Rapport’s background before joining Getty Realty (GTY)?
Nicole Rapport, age 40, served as a Vice President at Goldman Sachs from December 2023 through August 2026, heading financial reporting for SEC-registered REITs and evergreen funds. Previously, she worked at Ernst & Young from September 2008 through December 2023 as an auditor.