8-KFiled Aug 2, 8:00 PM ET

Getty Realty Appoints Nicole Rapport as Chief Accounting Officer

$GTY · GETTY REALTY CORP /MD/

Research Summary

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Getty Realty Appoints Nicole Rapport as Chief Accounting Officer

What Happened
Getty Realty Corp. filed an 8-K reporting the appointment of Nicole Rapport as Vice President and Chief Accounting Officer effective August 16, 2026. She will succeed Eugene Shnayderman, whose employment will terminate effective August 14, 2026. The company and Mr. Shnayderman plan to enter a separation agreement; his departure is not due to any disagreement with the company on operations, policies or accounting/financial reporting matters.

Key Details

  • Appointment effective date: Nicole Rapport starts August 16, 2026; predecessor separation date: August 14, 2026.
  • Compensation: Ms. Rapport’s annual base salary is $285,000 and a 2026 year-end bonus of at least $125,000 (contingent on not voluntarily leaving or being terminated for cause before payment).
  • Background: Ms. Rapport, age 40, most recently was a VP at Goldman Sachs (Dec 2023–Aug 2026) as Head of Financial Reporting for SEC-registered REITs and funds; earlier she was an auditor at Ernst & Young (Sept 2008–Dec 2023). She is a CPA (NY & NJ) and holds a B.S. in Business Management from Boston College.
  • Governance notes: She will be eligible for the company’s compensation and benefit plans (including the 2004 Omnibus Incentive Plan). No related-party or reportable transactions and no family ties to company directors/executive officers were disclosed. The company will amend the 8-K when the separation agreement terms are finalized.

Why It Matters
This is a key accounting leadership change affecting Getty Realty’s finance and SEC reporting team. Investors should note the continuity steps (internal hiring of an experienced REIT financial reporter) and the fixed near-term compensation terms disclosed. The filing also clarifies the predecessor’s exit was not due to disagreements over accounting or reporting, and a separation agreement will be filed once finalized.