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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/11/24 Brixmor Property Group Inc. 8-K:5,7,9 4/11/24 12:265K Toppan Merrill/FA Brixmor Operating Partnership LP |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 42K 2: EX-99.1 Miscellaneous Exhibit HTML 15K 7: R1 Cover HTML 49K 9: XML IDEA XML File -- Filing Summary XML 12K 12: XML XBRL Instance -- tm2411644d1_8k_htm XML 20K 8: EXCEL IDEA Workbook of Financial Report Info XLSX 8K 4: EX-101.DEF XBRL Definitions -- brx-20240411_def XML 73K 5: EX-101.LAB XBRL Labels -- brx-20240411_lab XML 101K 6: EX-101.PRE XBRL Presentations -- brx-20240411_pre XML 70K 3: EX-101.SCH XBRL Schema -- brx-20240411 XSD 14K 10: JSON XBRL Instance as JSON Data -- MetaLinks 27± 36K 11: ZIP XBRL Zipped Folder -- 0001104659-24-046315-xbrl Zip 24K
Exhibit 99.1
450 Lexington Avenue : New York, NY 10017 : 800.468.7526
FOR IMMEDIATE RELEASE
CONTACT:
Stacy Slater
Senior Vice President, Investor Relations
800.468.7526
BRIXMOR PROPERTY GROUP ANNOUNCES CHIEF EXECUTIVE OFFICER AND PRESIDENT JAMES M. TAYLOR
TO TAKE TEMPORARY MEDICAL LEAVE OF ABSENCE
NEW YORK, APRIL 11, 2024 - Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today that James M. Taylor Jr., the Company’s Chief Executive Officer and President, is taking a temporary medical leave of absence, effective April 11, 2024. The Company’s Board of Directors appointed Brian T. Finnegan, the Company’s Senior Executive Vice President, Chief Operating Officer, to also serve as interim Chief Executive Officer and President until Mr. Taylor’s return.
Sheryl M. Crosland, the Company’s Chair of the Board, said, “The Company, including the employees and the Board of Directors, send our best wishes to Jim and look forward to his return in the near future. Until then, our Board of Directors is pleased that Brian, who has excelled in his various executive roles over his 20 years with the Company, including his current role as Chief Operating Officer, has agreed to step in as interim Chief Executive Officer and President. I am confident that it will be business as usual as Brian and the rest of the seasoned senior management team continue executing on the Company’s business plan.”
CONNECT WITH BRIXMOR
| • | For additional information, please visit https://www.brixmor.com; |
| • | Follow Brixmor on: |
| ◦ | LinkedIn at https://www.linkedin.com/company/brixmor |
| ◦ | Facebook at https://www.facebook.com/Brixmor |
| ◦ | Instagram at https://www.instagram.com/brixmorpropertygroup; and |
| ◦ | YouTube at https://www.youtube.com/user/Brixmor. |
ABOUT BRIXMOR PROPERTY GROUP
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 362 retail centers comprise approximately 64 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor’s vision “to be the center of the communities we serve” and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.
Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the “Investors” page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels.
450 Lexington Avenue : New York, NY 10017 : 800.468.7526
SAFE HARBOR LANGUAGE
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to our expectations regarding the return of our Chief Executive Officer and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under the sections entitled “Forward-Looking Statements” and “Risk Factors” in our Form 10-K for the year ended December 31, 2023, as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at https://www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our periodic filings. The forward-looking statements speak only as of the date of this press release, and we expressly disclaim any obligation or undertaking to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except to the extent otherwise required by law.
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| This ‘8-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on / For Period end: | 4/11/24 | |||
| 12/31/23 | 10-K, ARS | |||
| List all Filings | ||||