Form 4: Orion Properties Inc. Announces Departure of EVP and Chief Investment Officer
Officer Departure Filing
Gary E. Landriau, Executive Vice President and Chief Investment Officer of Orion Properties Inc., is no longer serving as an officer effective June 30, 2025.
Summary
- Gary E. Landriau, the Executive Vice President and Chief Investment Officer of Orion Properties Inc. (ONL), is no longer serving as an officer of the company.
- The change in status is effective June 30, 2025.
- This filing is an Exit Form 4, indicating the reporting person is no longer subject to Section 16 obligations.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing reporting an executive departure without providing context or framing it as positive or negative, thus indicating a neutral sentiment.
Future Outlook
NA
Industry Context
NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| EVP, Chief Investment Officer | Gary E. Landriau | NA | 06/30/2025 | No longer serving as an officer within the meaning of Rule 16a-1. |
Stakeholder Impact
- Shareholders may be impacted by the departure of a key executive, potentially leading to questions about leadership stability or strategic direction.
- Employees may experience changes in leadership or organizational structure due to the departure of a senior executive.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Effective date Gary E. Landriau is no longer serving as an officer of Orion Properties Inc. |
Keywords
Orion Properties Inc., ONL, SEC Form 4, Executive Change, Officer Departure, Chief Investment Officer, EVP, Corporate Governance
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