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Kilroy Realty names REIT veteran Angela Aman as new CEO
Currently CFO of Brixmor, she will replace John Kilroy Jr. in January
Kilroy Realty has named Angela Aman as its new CEO, replacing John Kilroy Jr. who is stepping down next month, the firm announced on Thursday.
Aman is currently the chief financial officer of Brixmor Property Trust, another publicly traded REIT that specializes in open-air shopping centers. She will assume her new job on Jan. 22.
Kilroy Jr. announced in March that he would retire by the end of the year to pursue philanthropy work. He has led the real estate investment trust since 1996, when the firm was incorporated — its predecessor, Kilroy Industries, was founded by his father.
As of September, the firm owned 120 office buildings spanning 16.3 million square feet, more than 1,000 apartment units and 64 acres of undeveloped land, according to a quarterly financial report.
As CEO, Aman will earn a base salary of $800,000, according to an SEC filing. She is also entitled to bonuses of up to 262.5 percent, reimbursement for up to $15,000 a month for temporary housing, up to $200,000 in other relocation costs and reimbursement for private school deposits or tuition for her children for the current school year.
She will serve an initial five-year term as CEO, subject to renewals.
Before joining Brixmor in 2016, Aman was the CFO of Starwood Retail Partners. She started her career at Deutsche Bank.