SAN DIEGO—BioMed Realty Trust is in the midst of a realignment that will include a number of promotions and additions to its leadership team.

The company announced Wednesday that, effective immediately, president and COO Kent Griffin is leaving BioMed to pursue other business opportunities. During his nine-year career with firm, Griffin served as chief financial officer before taking on his most recent position. As a result of Griffin's departure, the company expects to record a severance charge of $0.05 per diluted share in the first quarter of 2015.

The company's executive bench is strengthened with the promotion of John Bonanno to EVP of leasing and development and Jon Klassen to EVP and general counsel. The two, along with Jim Berens, president of Wexford Science and Technology, will join the executive leadership team made up of Alan Gold, co-founder, chairman and CEO, Gary Kreitzer, co-founder and EVP, Greg Lubushkin, CFO, and Karen Sztraicher, EVP of asset management.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.