Invitation Homes (INVH) outlines succession plan as Chief Legal Officer plans retirement
Rhea-AI Filing Summary
Invitation Homes Inc. reported that Mark Solls, its Executive Vice President, Chief Legal Officer and Secretary, has informed the board of his plan to retire by the end of fiscal 2026. His retirement will become effective once a successor is appointed. After that, he has agreed to stay on in an advisory role, helping transition his responsibilities and providing strategic advice to the President and Chief Executive Officer and senior management.
The company has started a comprehensive search for a new Chief Legal Officer and Secretary and will evaluate both internal and external candidates, with the final decision to be announced publicly when required. The company stated that Mr. Solls’ decision to retire is not due to any disagreement regarding its strategy, operations, performance, policies, or practices.
Positive
- None.
Negative
- None.
FAQ
What leadership change did Invitation Homes (INVH) disclose?
Invitation Homes disclosed that Mark Solls, its Executive Vice President, Chief Legal Officer and Secretary, plans to retire by the end of fiscal 2026, with his retirement effective upon the appointment of his successor.
Will Mark Solls remain involved with Invitation Homes (INVH) after retirement?
Yes. After his retirement becomes effective, Mark Solls has agreed to serve in an advisory capacity, assisting with the transition of his duties and providing ongoing strategic advice and support to the President and Chief Executive Officer and senior management.
Why is Invitation Homes’ Chief Legal Officer retiring?
The company stated that Mr. Solls’ decision to retire is not the result of any disagreement with Invitation Homes on matters related to strategy, operations, performance, policies, practices, or otherwise.
How is Invitation Homes (INVH) handling the Chief Legal Officer succession?
Invitation Homes has begun a comprehensive search process for a new Chief Legal Officer and Secretary and will consider both internal and external candidates. Any final succession decision will be made at a future date and publicly announced as legally required.
What risks or uncertainties does Invitation Homes mention in connection with this leadership change?
The company notes that statements about the Chief Legal Officer succession plan are forward-looking statements and may be affected by various risks and uncertainties described in its Annual Report on Form 10-K and other periodic SEC filings.
When did Invitation Homes (INVH) receive notice of the planned retirement?
Invitation Homes reported that on December 31, 2025, Mark Solls informed the Board of Directors of his plan to retire by the end of fiscal 2026.