Vici Properties Inc 8-K, filed Jan 10, 2020
Vici Properties Inc. (VICI)
8-K
2020-01-10
For: 2020-01-10
View Original
Added on
April 07, 2026
About this 8-K
Vici Properties Inc filed this 8-K on January 10, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): January 10, 2020
__________________________________________________
(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: (646 ) 949-4631
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
__________________________________________________
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 Symbol | 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. |
(d) On January 10, 2020, VICI Properties Inc. (the “Company”) announced that Monica Howard Douglas has been appointed to the Company’s Board of Directors (the “Board”) as an independent director, subject to and effective upon the satisfaction of certain conditions, including receipt of all applicable regulatory approvals. Upon joining the Board, Ms. Douglas will serve on the Board’s Nominating and Governance Committee. Ms. Douglas will be compensated in accordance with the Company’s standard compensation policies and practices for the Board. In addition, the Company will enter into its standard form indemnification agreement with Ms. Douglas. There are no transactions between the Company and Ms. Douglas that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Ms. Douglas and any other persons pursuant to which she was selected as director of the Company.
Ms. Douglas has served as General Counsel, North America for The Coca-Cola Company since January 2018. Ms. Douglas also served as Legal Director for The Coca-Cola Company in South Africa from September 2013 through December 2017 and a Vice-President of Supply Chain and Consumer Affairs for The Coca-Cola Company from 2008 through 2013. Ms. Douglas earned a Juris Doctor degree from Stanford Law School and a Bachelor of Arts degree from the University of Michigan.
On January 10, 2020, the Company issued a press release announcing the appointment of Ms. Douglas to the Board. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. | Description | |
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.
VICI PROPERTIES INC. | ||
Date: January 10, 2020 | By: | /s/ SAMANTHA S. GALLAGHER |
Samantha S. Gallagher | ||
Executive Vice President, General Counsel and Secretary | ||
Exhibit 99.1
VICI PROPERTIES INC. TO APPOINT MONICA HOWARD DOUGLAS AS INDEPENDENT DIRECTOR
NEW YORK, NEW YORK (January 10, 2020) – VICI Properties Inc. (NYSE:VICI) (together with its affiliates, “VICI Properties” or the “Company”), an experiential real estate investment trust (REIT), today announced that Monica Howard Douglas, has been appointed to the Company’s Board of Directors (the “Board”) as an independent director, subject to and effective upon receipt of all applicable regulatory approvals. Upon joining the Board, Ms. Douglas will serve on the Board’s Nominating and Governance Committee.
Ms. Douglas currently serves as General Counsel, North America for The Coca-Cola Company – a position she has held since January 2018. Ms. Douglas also served as Legal Director for The Coca-Cola Company in South Africa from September 2013 through December 2017 and a Vice-President of Supply Chain and Consumer Affairs for The Coca-Cola Company from 2008 through 2013. Ms. Douglas began her career as an attorney at Troutman Sanders in the labor and employment group. She earned a Juris Doctor degree from Stanford Law School, and a Bachelor of Arts from the University of Michigan. In addition to her professional accomplishments, Ms. Douglas has demonstrated a strong commitment to philanthropic efforts. She is a member of the Board of Directors of the Junior Achievement USA, an organization that provides programs for children in kindergarten through twelfth grade, which foster work-readiness, entrepreneurship and financial literacy skills; Jack and Jill of America, Inc., membership organization of mothers with children ages two through nineteen, dedicated to nurturing future African American leaders by strengthening children through leadership development, volunteer service, philanthropic giving and civic duty; and Cool Girls, Inc., an organization dedicated to the self-empowerment of girls. Ms. Douglas is also a member of the National Bar Association, the Georgia Bar, and the Georgia Women’s Bar Association. In May 2019, Ms. Douglas was recognized as a Diversity Champion by the Atlanta Business Chronicle.
“Monica will be a superb addition to VICI’s Board of Directors, given her experience in governance and environmental sustainability matters with one of the world’s most admired consumer companies –The Coca-Cola Company,” said Jim Abrahamson, Chairman of the Board. “She will contribute strongly to our collaboration with VICI’s executive management team, which is focused on being the real estate partner of choice for our operating tenants, and on delivering superior returns for our shareholders. We believe her background complements our existing Board composition and expands the diverse viewpoints of our Board.”
“We are thrilled to welcome Monica to our Board,” said Edward Pitoniak, Chief Executive Officer of the Company. “Monica’s deep experience with one of the world’s leading consumer brands will greatly benefit VICI and our shareholders as we continue to build the American REIT most dynamically focused on the experience-seeking American consumer.”
About VICI Properties
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties’ national, geographically diverse portfolio consists of 27 gaming facilities comprising over 40 million square feet and features approximately 15,500 hotel rooms and more than 150 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment Corporation, Century Casinos Inc., Hard Rock International and Penn National Gaming. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the nation’s highest quality and most productive experiential real estate portfolio.
For additional information, please visit www.viciproperties.com.
Investors:
Investors@viciproperties.com
(646) 949-4631
Or
David Kieske
EVP, Chief Financial Officer
DKieske@viciproperties.com
Danny Valoy
Vice President, Finance
DValoy@viciproperties.com
Media:
PR@viciproperties.com
(646) 949-4631
Or
ICR
Phil Denning and Jason Chudoba
Phil.Denning@icrinc.com, (646) 277-1258
Jason.Chudoba@icrinc.com, (646) 277-1249