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Kite Realty Group Trust announces resignation of chief accounting officer

Published 29/09/2025, 22:40
Kite Realty Group Trust announces resignation of chief accounting officer
KRG
1.55%

Kite Realty Group Trust (NYSE:KRG) reported Monday that Dave Buell, Senior Vice President and Chief Accounting Officer, has notified the company of his intention to resign. According to a statement included in a recent SEC filing, Buell’s resignation will be effective November 21, 2025.

The company stated that Buell has not expressed any disagreements with Kite Realty Group Trust regarding any matter, including accounting-related policies or practices. InvestingPro data shows the company has maintained strong dividend payments for 22 consecutive years, with a current dividend yield of 4.9%.

Kite Realty Group Trust is a real estate investment trust headquartered in Indianapolis, Indiana. The information in this article is based on a press release statement contained in the company’s SEC filing.

In other recent news, Kite Realty Group Trust reported its second-quarter 2025 earnings, significantly surpassing earnings per share (EPS) forecasts. The company achieved an EPS of $0.50, which was a substantial 644.05% above the expected $0.0672. Despite this earnings beat, the stock saw a decline in after-hours trading due to investor concerns over revenue shortfalls and other market dynamics. Additionally, KeyBanc reiterated its Overweight rating on Kite Realty Group, maintaining a price target of $31.00. The research firm highlighted the company’s strong execution in leasing, capital deployment, and balance sheet management. In a separate development, Kite Realty Group announced that Dave Buell, the Senior Vice President and Chief Accounting Officer, will resign effective November 21, 2025. The company clarified that Buell’s resignation was not due to any disagreements over accounting policies or issues.

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