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Kimco Realty ( (KIM) ) has provided an announcement.
On January 20, 2025, Kimco Realty announced changes to its Board of Directors, including the election of Nancy Lashine and Ross Cooper, and the upcoming retirement of Executive Chairman Milton Cooper. Richard Saltzman, currently a board member and Chair of the Audit Committee, will succeed Cooper as the independent Chairman of the Board. Cooper will be honored as Chairman Emeritus after more than six decades of leadership at Kimco, and will step down at the 2025 Annual Meeting. These changes mark a significant leadership transition, reflecting the company’s ongoing strategic evolution and commitment to maintaining its industry leadership.
More about Kimco Realty
Kimco Realty is a real estate investment trust (REIT) specializing in the ownership and operation of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the United States. The company focuses on essential, necessity-based goods and services, with a strategic concentration in top metropolitan markets, including coastal cities and the Sun Belt. Kimco has been publicly traded on the NYSE since 1991 and is part of the S&P 500 Index, with a portfolio of 568 shopping centers and mixed-use assets as of December 2024.
YTD Price Performance: -2.96%
Average Trading Volume: 3,957,857
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.03B
For a thorough assessment of KIM stock, go to TipRanks’ Stock Analysis page.
