|8-KJan 28, 6:15 AM ET

KIMCO REALTY CORP 8-K

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KIMCO Realty Corp Announces CAO Retirement, Successor Named

What Happened KIMCO Realty Corp (filed Form 8-K, Item 5.02) announced that Paul Westbrook notified the company on January 27, 2026 that he will retire as Vice President and Chief Accounting Officer of KIMCO and Kimco Realty OP, LLC, effective March 31, 2026. The company said his departure is not due to any disagreement over operations, policies, practices, or accounting matters. Kathleen Thayer, currently Senior Vice President and Treasurer, Corporate Accounting, will become Executive Vice President, Treasurer and Chief Accounting Officer effective April 1, 2026.

Key Details

  • Filing: Form 8-K (Item 5.02) filed January 28, 2026.
  • Effective dates: Westbrook retirement effective March 31, 2026; Thayer assumes CAO role April 1, 2026.
  • Succession: Kathleen Thayer, age 48, joined KIMCO in June 2006; promoted to VP & Assistant Treasurer in Feb 2022 and Senior VP & Treasurer, Corporate Accounting in Jan 2024.
  • Qualifications: Thayer is a Certified Public Accountant, previously spent seven years at BDO Seidman LLP (audit manager), holds a B.S. in Accounting from SUNY Geneseo.

Why It Matters This is a planned, internal succession of a key accounting officer, which supports continuity in KIMCO’s financial reporting and controls. The company’s statement that the departure was not due to any disagreement on accounting or operational matters reduces immediate governance or accounting-risk concerns. Investors should note the leadership change and monitor future filings or earnings releases for any commentary on accounting policies or financial controls under the new CAO.