Company: HPP
Filing Date: 2025-12-03
Form Type: 8-K
Source: 0001482512-25-000161
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Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-12-03
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 2, 2025, Mr. Jonathan Glaser notified the board of directors (the “ Board”) of Hudson Pacific Properties, Inc. (the “ Company”) of his resignation from the Board after 15 years of service, effective immediately, due to his desire to devote more of his time to other professional commitments. In tendering his resignation, Mr. Glaser expressed no disagreement with the Company.

On December 2, 2025, the Board voted to appoint Mr. Jon Bortz as Mr. Glaser’s successor, effective immediately. Mr. Bortz will serve on the Audit and Compensation Committees of the Board, also succeeding Mr. Glaser in those roles.

Mr. Bortz will be compensated for his service on the Board in accordance with the Company’s Non-Employee Director Compensation Plan. In addition, the Company and Mr. Bortz expect to enter into the Company’s standard form of indemnification agreement for its non-employee directors to be effective as of December 2, 2025, which requires the Company to indemnify each indemnitee to the fullest extent permitted by the Maryland General Corporation Law. For a description of the Company’s indemnification agreements, please see the Company’s Proxy Statement for its 2015 annual meeting of stockholders, filed with the Securities and Exchange Commission on April 2, 2015.

Mr. Bortz is Founder, Chairman of the Board, and Chief Executive Officer of Pebblebrook Hotel Trust and Founder and Chairman of Curator Hotel & Resort Collection. Mr. Bortz was Founder and served as President, Chief Executive Officer and a Trustee of LaSalle Hotel Properties, a publicly traded hotel REIT, from its formation in April 1998 until his retirement in September 2009. In addition, he served as Chairman of the Board of LaSalle Hotel Properties from January 1, 2001 until his retirement. Prior to forming LaSalle Hotel Properties, Mr. Bortz founded the Hotel Investment Group of Jones Lang LaSalle Incorporated in January 1994 and as its President oversaw all of Jones Lang LaSalle’s hotel investment and development activities. From January 1995 to April 1998, as Managing Director of Jones Lang LaSalle’s Investment Advisory Division, he was also responsible for certain East Coast development projects.