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):

March 10, 2016

 

 

Easterly Government Properties, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Maryland		001-36834		47-2047728
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

2101 L Street NW, Suite 750, Washington, D.C.		20037
(Address of Principal Executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (202) 595-9500

 

 

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 (see General Instructions A.2.):

 

¨	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))

 

 

 

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ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective March 10, 2016, Meghan G. Baivier has been named Executive Vice President, Chief Financial Officer and Chief Operating Officer of Easterly Government Properties, Inc. (the “Company”). Ms. Baivier currently serves as Executive Vice President and Chief Operating Officer of the Company. Alison M. Bernard will remain with the Company and transition to the role of Executive Vice President and Chief Accounting Officer of the Company.

Ms. Baivier will continue working under her existing compensation arrangement. Ms. Baivier has not entered into any material plan, contract, arrangement or amendment in connection with her appointment as Chief Financial Officer. Ms. Baivier will not receive any grant or award as a result of her appointment.

A copy of the press release announcing the transition is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits:

 

Exhibit Number		Description
99.1		Press release dated March 10, 2016

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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.

 

Date: March 10, 2016

Exhibit 99.1

 

EASTERLY GOVERNMENT PROPERTIES NAMES

MEGHAN BAIVIER AS CHIEF FINANCIAL AND OPERATING OFFICER AND

ALISON BERNARD AS CHIEF ACCOUNTING OFFICER

WASHINGTON, D.C. – March 10, 2016 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that Meghan Baivier has been named Executive Vice President, Chief Financial and Operating Officer. Alison Bernard will remain with Easterly and transition to the role of Executive Vice President, Chief Accounting Officer.

“Meghan and Alison are both critical members of the Easterly management team and I am delighted that, with this transition, we can further align the Easterly organization with their professional and personal goals,” said William C. Trimble, III, President and Chief Executive Officer of Easterly.

Ms. Baivier joined Easterly in May, 2015 as Chief Operating Officer. Prior to joining Easterly, Ms. Baivier served as Vice President of Citigroup’s Real Estate and Lodging Investment Banking group. While at Citigroup, she was involved in a wide range of financial advisory and capital markets transactions including more than $15 billion of merger and acquisitions transactions complemented by public equity and debt capital raises in excess of $22 billion. Ms. Baivier was also part of the lead underwriting team that advised Easterly on its February 2015 IPO.

“I am incredibly proud to be a part of the Easterly team and it is a privilege to take on this expanded role at such an exciting stage since the Company’s IPO. We are executing on a strategy to create value for shareholders through deep governmental expertise and a clear acquisition strategy, and I look forward to leading the Company’s record of superior capital management, in partnership with the rest of executive management,” said Ms. Baivier.

Ms. Bernard has served as Chief Financial Officer of Easterly since the Company’s IPO in February, 2015 and previously served as Chief Financial Officer of Easterly Capital from December 2011 and as CFO of Easterly Partners, LLC from April 2012. Ms. Bernard began her career with PricewaterhouseCoopers and is a licensed CPA.

“I am excited and appreciative of the opportunity to make this transition to Chief Accounting Officer,” said Ms. Bernard. “The team at Easterly is strong and I look forward to continuing to work alongside Meghan, complimenting her in her new role, at a time when capital formation is a focus for the Company.”

About Easterly Government Properties, Inc.

Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased primarily through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit www.easterlyreit.com.

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Contact:

Easterly Government Properties, Inc.

Meghan G. Baivier

Chief Financial and Operating Officer

202-971-9867

ir@easterlyreit.com

 

Forward Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as “believe,” “expect,” “intend,” “project,” “anticipate,” “position,” and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to those risks and uncertainties associated with our business described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed on March 2, 2016. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.