Realty Income Corporation Appoints Kim Hourihan as New Director

Strategic Insights -

Realty Income Corporation, a publicly traded real estate investment trust (REIT), has appointed Kim Hourihan to its Board of Directors, effective October 14, 2025. Hourihan, a seasoned real estate investment expert with over 30 years of experience, joins the Board as a director until the Company's 2026 annual meeting of stockholders. She has also been appointed to serve on the Compensation and Talent Committee. As part of her compensation, Hourihan will receive an initial grant of restricted shares worth $200,000, annual equity awards with a value of $200,000, and an annual cash retainer of $100,000 for serving on the Board and $15,000 for serving on the Compensation and Talent Committee.

Key Takeaways:

  • Kim Hourihan, a Managing Director and Global Head of Strategy and Portfolio Manager at Invesco, has been appointed as a director on Realty Income Corporation's Board of Directors.
  • Hourihan brings over 30 years of experience in real estate investment and portfolio management, including her role as the founding Portfolio Manager of CBRE's U.S. Core Partners Fund, which grew to $10.0 billion in assets under management.
  • She holds an M.B.A. from Harvard University and a Bachelor of Arts degree in Economics from Boston College.
  • Hourihan's appointment increases the total number of directors on the Board to 11, and she will also serve on the Compensation and Talent Committee.
  • As part of her compensation, Hourihan will receive restricted shares, annual equity awards, and cash retainer payments totaling $315,000 annually.
  • The Company has completed the required regulatory filings with the U.S. Securities and Exchange Commission (SEC) in connection with Hourihan's appointment.

Statistics:

  • Over 30 years of real estate investment experience for Kim Hourihan
  • $10.0 billion in assets under management for CBRE's U.S. Core Partners Fund during Hourihan's tenure
  • 11 directors on Realty Income Corporation's Board of Directors after Hourihan's appointment
  • $200,000 value of initial restricted share grant to Hourihan
  • $200,000 value of annual equity award to Hourihan
  • $315,000 total annual compensation for Hourihan, including $100,000 cash retainer and $215,000 from restricted shares and equity awards

Sources:

  • Realty Income Corporation's Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) dated October 14, 2025
  • Press release issued by Realty Income Corporation on October 14, 2025 ( Exhibit 99.1)
  • Exhibits included in the Form 8-K filing with the SEC