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Piedmont Office Announces EVP Robert Wiberg’s Departure
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Piedmont Office Announces EVP Robert Wiberg’s Departure

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Piedmont Office ( (PDM) ) has provided an update.

Piedmont Office Realty Trust, Inc. announced the departure of Robert K. Wiberg, Executive Vice President – Northwest and Head of Development, effective December 31, 2024. As part of his termination without cause, Wiberg will receive severance benefits and will enter into a twelve-month consulting agreement with the company, providing consulting services for a monthly fee of $10,000.

More about Piedmont Office

Piedmont Office Realty Trust, Inc. operates in the real estate investment trust (REIT) industry, focusing on the ownership and management of high-quality office buildings in key markets across the United States.

YTD Price Performance: 40.48%

Average Trading Volume: 798,700

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $1.16B

For detailed information about PDM stock, go to TipRanks’ Stock Analysis page.

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