We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Five Point Holdings LLC | NYSE:FPH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.02 | 0.65% | 3.08 | 3.16 | 3.0497 | 3.08 | 21,827 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in its Charter)
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
(Address of Principal Executive Offices) | (Zip Code) |
(Registrant’s telephone number, including area code)
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:
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)). |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 15, 2023, Five Point Holdings, LLC (the “Company”) announced the appointment of Kim Tobler as Chief Financial Officer, Treasurer and Vice President of the Company, effective immediately. Mr. Tobler, 64, has served as Vice President – Treasury and Tax of the Company since 2016. Mr. Tobler is an experienced executive with over 35 years of experience in tax, financial reporting, and corporate finance, primarily in the real estate sector. He was a tax partner at Ernst & Young LLP from 2008 to 2016 and previously from 1995 to 2003. From 2003 to 2008, he worked at the Irvine Company as Senior Vice President – Finance and Reporting. Mr. Tobler holds a B.S. and a Master’s degree in Accounting from Brigham Young University.
Concurrent with the appointment of Mr. Tobler, the Company also announced that Leo Kij, the Company’s Interim Chief Financial Officer, would be transitioning into a role as Vice President – Financial Reporting of the Company, effective immediately.
Mr. Tobler has no family relationship with any director, executive officer or person nominated to become a director or executive officer of the Company. Mr. Tobler has not engaged in any transactions with the Company that are required to be disclosed under Item 404(a) of Regulation S-K, nor have any such transactions been proposed. There are no arrangements or understandings between Mr. Tobler and any other person pursuant to which he was appointed as the Company’s Chief Financial Officer, Treasurer and Vice President.
Item 7.01. | Regulation FD Disclosure. |
A copy of the Company’s press release dated September 15, 2023, relating to the announcement described in Item 5.02, is furnished as Exhibit 99.1 to this Form 8-K.
The information contained in this Item 7.01 and Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
99.1 | Press Release dated September 15, 2023 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
FIVE POINT HOLDINGS, LLC | ||
By: | /s/ Michael Alvarado | |
Name: | Michael Alvarado | |
Title: | Chief Legal Officer, Vice President and Secretary |
Date: September 15, 2023
Exhibit 99.1
Five Point Holdings, LLC Announces Appointment of Kim Tobler as Chief Financial Officer
September 15, 2023
IRVINE, Calif.(BUSINESS WIRE) Five Point Holdings, LLC (Five Point or the Company) (NYSE:FPH), an owner and developer of large mixed-use planned communities in coastal California, today announced the appointment of Kim Tobler as Chief Financial Officer, Treasurer and Vice President of the Company, effective immediately.
Mr. Tobler is an experienced executive with over 35 years of experience in tax, financial reporting, and corporate finance, primarily in the real estate sector. He has served as the Companys Vice President Treasury and Tax since 2016. Prior to that, he was a tax partner at Ernst & Young LLP from 2008 to 2016 and previously from 1995 to 2003. From 2003 to 2008, he worked at the Irvine Company as Senior Vice President Finance and Reporting. Mr. Tobler holds a B.S. and a Masters degree in Accounting from Brigham Young University.
Dan Hedigan, Chief Executive Officer of Five Point, said, I am excited to announce Kims appointment to the role of Chief Financial Officer. Kim has extensive experience in real estate finance, particularly with respect to master planned community developers. He has been a valued member of the senior management team at Five Point for many years and has also worked closely with our Audit Committee and Board of Directors during that time. Kims deep understanding of the Companys business and his broad real estate and development experience will allow him to help lead the Company in executing on its business plan. Among other things, he will be focused on managing the Companys debt structure and cash flows in order to drive shareholder value and position the Company for future growth.
Also on September 15, 2023, the Company announced that Leo Kij, the Companys Interim Chief Financial Officer, would be transitioning into a role as Vice President Financial Reporting of the Company, effective immediately.
Mr. Hedigan said, We are deeply appreciative of Leos willingness to serve the Company as Interim Chief Financial Officer and for all of the contributions he has made to the Company in various roles over the past 14 years. He has been integral to establishing the Companys strong financial reporting structure and has developed a highly skilled and efficient team. We are very grateful that Leo will continue his valuable work here at Five Point.
About Five Point
Five Point, headquartered in Irvine, California, designs and develops large mixed-use planned communities in Orange County, Los Angeles County, and San Francisco County that combine residential, commercial, retail, educational, and recreational elements with public amenities, including civic areas for parks and open space. Five Points communities include the Great Park Neighborhoods® in Irvine, Valencia® (formerly known as Newhall Ranch®) in Los Angeles County, and Candlestick® and The San Francisco Shipyard® in the City of San Francisco. These communities are designed to include approximately 40,000 residential homes and approximately 23 million square feet of commercial space.
Contact for Information:
Investor Relations:
Kim Tobler, 949-613-4251
kim.tobler@fivepoint.com
Media:
Eric Morgan, 949-349-1088
eric.morgan@fivepoint.com
Document and Entity Information |
Sep. 15, 2023 |
---|---|
Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0001574197 |
Document Type | 8-K |
Document Period End Date | Sep. 15, 2023 |
Entity Registrant Name | Five Point Holdings, LLC |
Entity Incorporation State Country Code | DE |
Entity File Number | 001-38088 |
Entity Tax Identification Number | 27-0599397 |
Entity Address, Address Line One | 2000 FivePoint |
Entity Address, Address Line Two | 4th Floor |
Entity Address, City or Town | Irvine |
Entity Address, State or Province | CA |
Entity Address, Postal Zip Code | 92618 |
City Area Code | (949) |
Local Phone Number | 349-1000 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Class A common shares |
Trading Symbol | FPH |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
1 Year Five Point Chart |
1 Month Five Point Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions