[8-K] Hudson Pacific Properties, Inc. Reports Material Event
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Hudson Pacific Properties, Inc. (HPP) reported that director Mark Linehan resigned from the board effective September 11, 2025, stating he will devote more time to other professional commitments and expressing no disagreement with the company. The board appointed T. Ritson Ferguson as his successor effective the same date. Mr. Ferguson will serve on the board and join the Audit Committee, while director Michael Nash will succeed Mr. Linehan as Audit Committee Chair. Mr. Ferguson will be paid under the companys Non-Employee Director Compensation Plan and is expected to enter the standard indemnification agreement for non-employee directors. The filing notes Mr. Ferguson's prior roles at CBRE Investment Management and states there are no reportable related-party transactions or special arrangements surrounding his appointment.
Hudson Pacific Properties, Inc. (HPP) ha comunicato che il membro del consiglio Mark Linehan si è dimesso dal consiglio con effetto dall'11 settembre 2025, dichiarando che dedicherà più tempo ad altri impegni professionali e esprimendo nessun disaccordo con l'azienda. Il consiglio ha nominato T. Ritson Ferguson come suo successore con effetto dalla stessa data. Il signor Ferguson farà parte del consiglio e verrà aggiunto al Comitato di Audit, mentre il direttore Michael Nash assumerà la presidenza del Comitato di Audit al posto di Linehan. Il signor Ferguson sarà remunerato secondo il Piano di compensazione per direttori non dipendenti della società e dovrebbe firmare l'accordo standard di indennità per i direttori non dipendenti. Il deposito menziona i precedenti ruoli del signor Ferguson presso CBRE Investment Management e afferma che non esistono transazioni correlate riportabili o accordi speciali relativi alla sua nomina.
Hudson Pacific Properties, Inc. (HPP) informó que el director Mark Linehan renunció al consejo con efectos a partir del 11 de septiembre de 2025, indicando que dedicará más tiempo a otros compromisos profesionales y expresando ningún desacuerdo con la empresa. El consejo designó a T. Ritson Ferguson como su sucesor con efecto a la misma fecha. Ferguson formará parte del consejo y se incorporará al Comité de Auditoría, mientras que el director Michael Nash sucederá a Linehan como presidente del Comité de Auditoría. El señor Ferguson recibirá la compensación bajo el Plan de Compensación para Directores No Empleados de la empresa y se espera que firme el acuerdo estándar de indemnización para directores no empleados. El comunicado señala los roles anteriores de Ferguson en CBRE Investment Management y afirma que no existen transacciones con partes relacionadas reportables ni arreglos especiales relacionados con su nombramiento.
Hudson Pacific Properties, Inc. (HPP) 이사 마크 린해넌이 2025년 9월 11일부로 이사회에서 사임했다고 보고했으며, 다른 전문적 임무에 더 많은 시간을 할애하겠다고 밝히고 회사와 일치하지 않는 점은 없다고 표현했습니다. 이사회는 같은 날짜 효력을 가지도록 T. Ritson Ferguson을 그의 후임으로 임명했습니다. Ferguson은 이사회에 합류하고 감사위원회에 참여하게 되며, 이사인 마이클 내쉬가 Ferguson을 대신하여 감사위원회 의장을 맡게 됩니다. Ferguson은 이 회사의 비상근 이사 보상 계획에 따라 보상을 받게 되며 비상근 이사에 대한 표준 면책 계약에 서명할 것으로 예상됩니다. 제출 문서는 Ferguson의 CBRE Investment Management에서의 이전 역할을 언급하고 그의 임명과 관련된 보고 가능한 관련자 거래나 특별한 합의가 없다고 명시합니다.
Hudson Pacific Properties, Inc. (HPP) a annoncé que le directeur Mark Linehan a démissionné du conseil à compter du 11 septembre 2025, déclarant qu'il consacrera plus de temps à d'autres engagements professionnels et exprimant aucun désaccord avec l'entreprise. Le conseil a nommé T. Ritson Ferguson comme son successeur à la même date. M. Ferguson siègera au conseil et rejoindra le Comité d'audit, tandis que le directeur Michael Nash succédera à M. Linehan en tant que président du Comité d'audit. M. Ferguson sera rémunéré selon le Plan de rémunération des administrateurs non salariés de la société et devrait signer l'accord d'indemnisation standard pour les administrateurs non salariés. Le dépôt note les rôles antérieurs de M. Ferguson chez CBRE Investment Management et indique qu'il n'y a pas de transactions avec des parties liées signalables ou d'arrangements spéciaux entourant sa nomination.
Hudson Pacific Properties, Inc. (HPP) berichtete, dass Direktor Mark Linehan aus dem Vorstand mit Wirkung zum 11. September 2025 zurückgetreten ist, wobei er erklärt, sich stärker anderen beruflichen Verpflichtungen zu widmen und kein Widerspruch mit dem Unternehmen zu haben. Der Vorstand ernannte T. Ritson Ferguson zu seinem Nachfolger, ebenfalls mit Wirkung zum selben Datum. Herr Ferguson wird dem Vorstand angehören und dem Audit Committee beitreten, während Direktor Michael Nash nach Linehan dessen Vorsitz im Audit Committee übernehmen wird. Herr Ferguson wird gemäß dem Non-Employee Director Compensation Plan des Unternehmens entlohnt und wird voraussichtlich die standardmäßige Indemnification-Vereinbarung für nicht-angestellte Direktoren unterzeichnen. Die Einreichung erwähnt die bisherigen Rollen von Herrn Ferguson bei CBRE Investment Management und stellt fest, dass keine berichtspflichtigen Transaktionen mit verbundenen Parteien oder besondere Vereinbarungen im Zusammenhang mit seiner Bestellung vorliegen.
أعلنت Hudson Pacific Properties, Inc. (HPP) أن المدير Mark Linehan استقال من المجلس اعتباراً من 11 سبتمبر 2025، مع قوله إنه سيكرّس وقتاً أكبر لالتزامات مهنية أخرى ويعبّر عن عدم وجود أي خلاف مع الشركة. عيّن المجلس T. Ritson Ferguson خلفاً له بنفس التاريخ. سيخدم السيد Ferguson في المجلس وينضم إلى لجنة التدقيق، بينما سيحل المدير Michael Nash مكان Linehan كرئيس لجنة التدقيق. سيُلزم السيد Ferguson باتباع خطة تعويض المديرين غير الموظفين في الشركة، ومن المتوقع أن يوقع اتفاقية التعويض القياسية للمديرين غير الموظفين. وتذكر الإفادة أن للسيد Ferguson أدوار سابقة لدى CBRE Investment Management وتذكر أنه لا توجد معاملات ذات صلة يمكن الإبلاغ عنها أو ترتيبات خاصة تحيط بتعيينه.
Hudson Pacific Properties, Inc. (HPP) 报告称董事Mark Linehan已从董事会辞任，辞任于2025年9月11日生效，表示他将花更多时间处理其他职业承诺，并对公司没有分歧。董事会任命 T. Ritson Ferguson 为其继任者，同日生效。Ferguson先生将担任董事会成员并加入审计委员会，而董事Michael Nash将接任Linehan担任审计委员会主席。Ferguson先生将根据公司的非雇员董事报酬计划获得报酬，预计将签署非雇员董事的标准免责协议。 filing note 指出Ferguson先生在CBRE Investment Management 的先前角色，并表示在其任命周围不存在可报告的相关方交易或特殊安排。
Positive
- Board vacancy filled promptly with the appointment of T. Ritson Ferguson effective September 11, 2025
- Audit Committee continuity maintained as Michael Nash succeeds as Chair and Mr. Ferguson joins the committee
- Appointment uses standard compensation and indemnification, indicating no bespoke deal terms were required
Negative
- None.
Insights
TL;DR: Routine board change: a voluntary resignation and an experienced industry appointment with standard compensation and indemnification.
The resignation is presented as voluntary and non-contentious, which limits immediate governance concerns. The board filled the vacancy promptly with T. Ritson Ferguson, whose background at CBRE Investment Management suggests relevant industry expertise for a real estate investment trust. The Audit Committee leadership transition is documented, with Michael Nash named Chair, preserving committee continuity. Compensation via the existing Non-Employee Director Compensation Plan and use of the standard indemnification agreement indicate no bespoke governance exceptions were required for this appointment.
TL;DR: Operationally immaterial director change with no disclosed financial impact.
The filing contains no financial statements, quantitative impacts, or related-party transactions tied to the appointment. Compensation will follow the companys standard plan and an indemnification agreement will be used, neither of which are described as creating material obligations. Based on the disclosed facts, this event is a governance update without direct disclosed effect on HPPs financial condition or operations.
Hudson Pacific Properties, Inc. (HPP) ha comunicato che il membro del consiglio Mark Linehan si è dimesso dal consiglio con effetto dall'11 settembre 2025, dichiarando che dedicherà più tempo ad altri impegni professionali e esprimendo nessun disaccordo con l'azienda. Il consiglio ha nominato T. Ritson Ferguson come suo successore con effetto dalla stessa data. Il signor Ferguson farà parte del consiglio e verrà aggiunto al Comitato di Audit, mentre il direttore Michael Nash assumerà la presidenza del Comitato di Audit al posto di Linehan. Il signor Ferguson sarà remunerato secondo il Piano di compensazione per direttori non dipendenti della società e dovrebbe firmare l'accordo standard di indennità per i direttori non dipendenti. Il deposito menziona i precedenti ruoli del signor Ferguson presso CBRE Investment Management e afferma che non esistono transazioni correlate riportabili o accordi speciali relativi alla sua nomina.
Hudson Pacific Properties, Inc. (HPP) informó que el director Mark Linehan renunció al consejo con efectos a partir del 11 de septiembre de 2025, indicando que dedicará más tiempo a otros compromisos profesionales y expresando ningún desacuerdo con la empresa. El consejo designó a T. Ritson Ferguson como su sucesor con efecto a la misma fecha. Ferguson formará parte del consejo y se incorporará al Comité de Auditoría, mientras que el director Michael Nash sucederá a Linehan como presidente del Comité de Auditoría. El señor Ferguson recibirá la compensación bajo el Plan de Compensación para Directores No Empleados de la empresa y se espera que firme el acuerdo estándar de indemnización para directores no empleados. El comunicado señala los roles anteriores de Ferguson en CBRE Investment Management y afirma que no existen transacciones con partes relacionadas reportables ni arreglos especiales relacionados con su nombramiento.
Hudson Pacific Properties, Inc. (HPP) 이사 마크 린해넌이 2025년 9월 11일부로 이사회에서 사임했다고 보고했으며, 다른 전문적 임무에 더 많은 시간을 할애하겠다고 밝히고 회사와 일치하지 않는 점은 없다고 표현했습니다. 이사회는 같은 날짜 효력을 가지도록 T. Ritson Ferguson을 그의 후임으로 임명했습니다. Ferguson은 이사회에 합류하고 감사위원회에 참여하게 되며, 이사인 마이클 내쉬가 Ferguson을 대신하여 감사위원회 의장을 맡게 됩니다. Ferguson은 이 회사의 비상근 이사 보상 계획에 따라 보상을 받게 되며 비상근 이사에 대한 표준 면책 계약에 서명할 것으로 예상됩니다. 제출 문서는 Ferguson의 CBRE Investment Management에서의 이전 역할을 언급하고 그의 임명과 관련된 보고 가능한 관련자 거래나 특별한 합의가 없다고 명시합니다.
Hudson Pacific Properties, Inc. (HPP) a annoncé que le directeur Mark Linehan a démissionné du conseil à compter du 11 septembre 2025, déclarant qu'il consacrera plus de temps à d'autres engagements professionnels et exprimant aucun désaccord avec l'entreprise. Le conseil a nommé T. Ritson Ferguson comme son successeur à la même date. M. Ferguson siègera au conseil et rejoindra le Comité d'audit, tandis que le directeur Michael Nash succédera à M. Linehan en tant que président du Comité d'audit. M. Ferguson sera rémunéré selon le Plan de rémunération des administrateurs non salariés de la société et devrait signer l'accord d'indemnisation standard pour les administrateurs non salariés. Le dépôt note les rôles antérieurs de M. Ferguson chez CBRE Investment Management et indique qu'il n'y a pas de transactions avec des parties liées signalables ou d'arrangements spéciaux entourant sa nomination.
Hudson Pacific Properties, Inc. (HPP) berichtete, dass Direktor Mark Linehan aus dem Vorstand mit Wirkung zum 11. September 2025 zurückgetreten ist, wobei er erklärt, sich stärker anderen beruflichen Verpflichtungen zu widmen und kein Widerspruch mit dem Unternehmen zu haben. Der Vorstand ernannte T. Ritson Ferguson zu seinem Nachfolger, ebenfalls mit Wirkung zum selben Datum. Herr Ferguson wird dem Vorstand angehören und dem Audit Committee beitreten, während Direktor Michael Nash nach Linehan dessen Vorsitz im Audit Committee übernehmen wird. Herr Ferguson wird gemäß dem Non-Employee Director Compensation Plan des Unternehmens entlohnt und wird voraussichtlich die standardmäßige Indemnification-Vereinbarung für nicht-angestellte Direktoren unterzeichnen. Die Einreichung erwähnt die bisherigen Rollen von Herrn Ferguson bei CBRE Investment Management und stellt fest, dass keine berichtspflichtigen Transaktionen mit verbundenen Parteien oder besondere Vereinbarungen im Zusammenhang mit seiner Bestellung vorliegen.
FAQ
Who resigned from HPPs board and why?
Mark Linehan resigned from the board effective September 11, 2025, stating he will devote more time to other professional commitments and expressing no disagreement with the company.
Who was appointed to the HPP board to replace the resigning director?
T. Ritson Ferguson was appointed effective September 11, 2025, to succeed Mr. Linehan and will serve on the Audit Committee.
Will the Audit Committee leadership change at HPP?
Yes. Michael Nash, an incumbent director, will succeed Mark Linehan as Chair of the Audit Committee.
Are there any related-party transactions or special arrangements reported for Mr. Ferguson?
The filing states there are no arrangements or understandings surrounding his appointment and he is not a party to any transaction reportable under Item 404(a) of Regulation S-K.
How will Mr. Ferguson be compensated for his service on HPPs board?
He will be compensated in accordance with the companys Non-Employee Director Compensation Plan, a copy of which is attached as Exhibit 10.1 to the filing.
Hudson Pac Pptys Inc