Hudson Pacific Properties (NYSE: HPP) appoints Jon Bortz to board, replacing Jonathan Glaser

Rhea-AI Filing Summary

Hudson Pacific Properties, Inc. announced that longtime director Jonathan Glaser resigned from its board of directors on December 2, 2025 after 15 years of service, citing a desire to focus on other professional commitments and expressing no disagreement with the company. The board promptly appointed Jon Bortz as his successor, effective the same day.

Bortz will also join the board’s Audit and Compensation Committees, filling the roles previously held by Glaser. He will receive compensation under the company’s Non-Employee Director Compensation Plan and is expected to enter into the company’s standard indemnification agreement for non-employee directors. Bortz brings extensive real estate and REIT leadership experience as Founder, Chairman and CEO of Pebblebrook Hotel Trust and from prior senior roles at LaSalle Hotel Properties and Jones Lang LaSalle.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

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.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

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FAQ

What board change did Hudson Pacific Properties (HPP) announce on December 2, 2025?

Hudson Pacific Properties reported that Jonathan Glaser resigned from its board of directors on December 2, 2025 after 15 years of service, and the board appointed Jon Bortz as his successor effective the same day.

Why did Jonathan Glaser resign from the Hudson Pacific Properties (HPP) board?

Jonathan Glaser resigned from the board due to his desire to devote more of his time to other professional commitments and stated that he had no disagreement with Hudson Pacific Properties.

Who is Jon Bortz, the new director at Hudson Pacific Properties (HPP)?

Jon Bortz is the Founder, Chairman of the Board, and Chief Executive Officer of Pebblebrook Hotel Trust and Founder and Chairman of Curator Hotel & Resort Collection. He previously founded and led LaSalle Hotel Properties and held senior roles at Jones Lang LaSalle, and has served on boards including NAREIT’s Board of Governors and Federal Realty Investment Trust.

What board committees will Jon Bortz serve on at Hudson Pacific Properties (HPP)?

Jon Bortz will serve on Hudson Pacific Properties’ Audit Committee and Compensation Committee, taking over the committee roles previously held by Jonathan Glaser.

How will Jon Bortz be compensated as a director of Hudson Pacific Properties (HPP)?

Jon Bortz will be compensated in line with Hudson Pacific Properties’ Non-Employee Director Compensation Plan and is expected to enter into the company’s standard indemnification agreement for non-employee directors, which provides indemnification to the fullest extent permitted by Maryland law.

Did Hudson Pacific Properties (HPP) issue a press release about Jon Bortz’s appointment?

Yes. On December 3, 2025, Hudson Pacific Properties issued a press release announcing Jon Bortz’s appointment to the board effective December 2, 2025, and furnished it as Exhibit 99.1 to the Form 8-K.

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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 2, 2025

 _________________________________

Hudson Pacific Properties, Inc.

(Exact name of registrant as specified in its charter) 

Maryland

001-34789

27-1430478

(State or other jurisdiction

(Commission

(IRS Employer

of incorporation)

File Number)

Identification No.)

 

11601 Wilshire Blvd., Ninth Floor
Los Angeles,			California			90025
(Address of principal executive offices)						(Zip Code)

Registrant’s telephone number, including area code: (310) 445-5700

Not Applicable

(Former name or former address, if changed since last report)

_________________________________

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:

☐						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 class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value

HPP

New York Stock Exchange

4.750% Series C Cumulative Redeemable Preferred Stock

HPP Pr C

New 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 2, 2025, Mr. Jonathan Glaser notified the board of directors (the “Board”) of Hudson Pacific Properties, Inc. (the “Company”) of his resignation from the Board after 15 years of service, effective immediately, due to his desire to devote more of his time to other professional commitments. In tendering his resignation, Mr. Glaser expressed no disagreement with the Company.

On December 2, 2025, the Board voted to appoint Mr. Jon Bortz as Mr. Glaser’s successor, effective immediately. Mr. Bortz will serve on the Audit and Compensation Committees of the Board, also succeeding Mr. Glaser in those roles.

Mr. Bortz will be compensated for his service on the Board in accordance with the Company’s Non-Employee Director Compensation Plan. In addition, the Company and Mr. Bortz expect to enter into the Company’s standard form of indemnification agreement for its non-employee directors to be effective as of December 2, 2025, which requires the Company to indemnify each indemnitee to the fullest extent permitted by the Maryland General Corporation Law. For a description of the Company’s indemnification agreements, please see the Company’s Proxy Statement for its 2015 annual meeting of stockholders, filed with the Securities and Exchange Commission on April 2, 2015.

Mr. Bortz is Founder, Chairman of the Board, and Chief Executive Officer of Pebblebrook Hotel Trust and Founder and Chairman of Curator Hotel & Resort Collection. Mr. Bortz was Founder and served as President, Chief Executive Officer and a Trustee of LaSalle Hotel Properties, a publicly traded hotel REIT, from its formation in April 1998 until his retirement in September 2009. In addition, he served as Chairman of the Board of LaSalle Hotel Properties from January 1, 2001 until his retirement. Prior to forming LaSalle Hotel Properties, Mr. Bortz founded the Hotel Investment Group of Jones Lang LaSalle Incorporated in January 1994 and as its President oversaw all of Jones Lang LaSalle’s hotel investment and development activities. From January 1995 to April 1998, as Managing Director of Jones Lang LaSalle’s Investment Advisory Division, he was also responsible for certain East Coast development projects. From January 1990 to 1995, he was a Senior Vice President of Jones Lang LaSalle’s Investment Division, with responsibility for East Coast development projects and workouts. Mr. Bortz joined Jones Lang LaSalle in 1981. He currently serves as member of the Board of Governors of the National Association of Real Estate Investment Trusts, or NAREIT, and served on the board of trustees for Federal Realty Investment Trust. There are no arrangements or understandings between Mr. Bortz and any other person pursuant to which Mr. Bortz was appointed as a director, and Mr. Bortz is not a party to any transaction with the Company reportable pursuant to Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

On December 3, 2025, the Company issued a press release announcing the appointment of Mr. Bortz to its Board, effective December 2, 2025. A copy of the press release is furnished herewith as Exhibit 99.1. The information being furnished pursuant to this Item 7.01 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or the Exchange Act, or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of

1934.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.						Description
99.1**						Press release dated December 3, 2025
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

_____________

** Furnished herewith.

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 hereunto duly authorized.
 

						HUDSON PACIFIC PROPERTIES, INC.
Date:			December 3, 2025			By:			/s/ Mark Lammas
									Mark Lammas President