Kennedy-Wilson Holdings, Inc. Announces Board Changes
March 12, 2020 at 04:27 pm
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Effective March 12, 2020, Jerry R. Solomon resigned from the Board of Directors of Kennedy-Wilson Holdings, Inc. On March 12, 2020, the Board upon the recommendation of the Company's Nominating Committee, elected Mr. Todd Boehly as a director of the Company, effective March 12, 2020. Mr. Boehly will serve as a member of the class of directors whose term will expire at the 2020 annual meeting of stockholders of the Company and will also serve on the Board's Capital Markets Committee. Mr. Boehly was determined to be independent by the Board pursuant to the applicable independence requirements of the New York Stock Exchange. Mr. Boehly is the Chairman, Chief Executive Officer and, indirectly, the controlling member of Eldridge Industries, LLC.
Kennedy-Wilson Holdings, Inc. is a global real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. It also has a debt platform focused on construction lending secured by multifamily and student housing properties throughout the United States. The Company focuses on multifamily and office properties, as well as industrial and debt investments in its Investment Management business in the Western United States, United Kingdom and Ireland. Its operations are defined by two business segments: its Consolidated Portfolio and Co-Investment Portfolio. Investment activities in the Consolidated Portfolio involve ownership of multifamily units, office, and retail space and one hotel. The Co-Investment Portfolio consists of the co-investments in real estate and real estate-related assets, including loans secured by real estate; fees, and performance allocations that it earns on its fee bearing capital.
KENNEDY-WILSON HOLDINGS, INC. 
