Item 2.02. Results of Operations and Financial Condition.
On February 9, 2022, Equity Commonwealth, or the Company, issued a press release setting forth the Company’s results of operations and financial condition for the quarter and year ended December 31, 2021, and also provided certain supplemental operating and financial information for the quarter and year ended December 31, 2021. Copies of the Company’s press release and supplemental operating and financial information are furnished as Exhibits 99.1 and 99.2 hereto, respectively.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Departure of Directors or Certain Officers
On February 7, 2022, Jeffrey D. Brown notified Equity Commonwealth (the “Company”) that he is resigning from his position as Senior Vice President and Chief Accounting Officer, effective March 11, 2022. Mr. Brown informed the Company that his decision to resign was for personal reasons, and not as a result of any disagreement with the Company management or the Company’s Board of Trustees.
(c) Appointment of Certain Officers
On February 8, 2022, Andrew Levy, age 40, was promoted to Senior Vice President and Chief Accounting Officer, effective March 12, 2022. Mr. Levy also will serve as the Company’s designated principal financial officer for Securities and Exchange Commission (“SEC”) reporting purposes. Mr. Levy has served on the Company’s financial reporting team since August 2014 and as Vice President of Financial Reporting since February 2019. Earlier in his career, Mr. Levy served as a senior manager in the financial reporting team at General Growth Properties and as an associate with Deloitte & Touche LLP. Mr. Levy is a Certified Public Accountant registered in Illinois and holds a Bachelors and Masters degree in Accountancy from the University of Notre Dame.
There are no related person transactions (or proposed related person transactions) with respect to Mr. Levy reportable under Item 5.02(c) of Form 8-K and Item 404(a) of Regulation S-K since the beginning of the Company’s last fiscal year. There are no family relationships to disclose with respect to Mr. Levy reportable under Item 401(d) of Regulation S-K.