Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On and effective March 5, 2021, the Board of Trustees (the "Board") of Corporate
Office Properties Trust (the "Company") approved an increase in the Board's size
from nine members to ten members, and also elected Raymond L. Owens, age 62, to
the Board. Mr. Owens' term on the Board will expire at the Company's upcoming
2021 annual shareholder meeting, at which time he will stand for re-election.
Effective upon joining the Board, Mr. Owens became eligible to receive the
standard compensation provided by the Company to its other non-employee
Trustees, as most recently disclosed in the Company's proxy statement for its
2020 annual meeting of shareholders.
Mr. Owens retired after serving from 2007 to 2017, most recently as the Chief
Investment Officer and Executive Vice President of Capital Markets, at Piedmont
Office Realty Trust (NYSE: PDM), an owner, manager, developer, redeveloper and
operator of Class A office properties located primarily in select sub-markets
within seven major Eastern U.S. office markets.
Item 9.01. Financial Statements and Exhibits
Exhibit Number Exhibit Title
99.1 Press Release dated March 8, 2021 .
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses