ric8k_121207.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
____________________
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
December
12, 2007
Date
of Report (Date of earliest event reported)
Realty
Income Corporation
(Exact
name of registrant as specified in its charter)
|
Maryland
|
1-13374
|
33-0580106
|
|
(State
or Other Jurisdiction of Incorporation)
|
(Commission
File Number)
|
(IRS
Employer
Identification
Number)
|
|
600
La Terraza Boulevard
Escondido,
California 92025
(Address
of principal executive offices) (Zip
Code)
|
(760)
741-2111
(Registrant’s
telephone number, including area code)
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
|
Item
5.02
|
Departure
of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain
Officers.
|
On
December 12, 2007, Realty Income Corporation’s Board of Directors elected Priya
Cherian Huskins to the Board of Directors. Realty Income’s Board of
Directors has affirmatively determined that Ms. Huskins is “independent” after
applying the Company’s categorical standards contained in its Corporate
Governance Guidelines. This brings the number of independent directors of the
Company to eight persons and the total number of board members to ten
persons.
Ms.
Huskins will serve on the Company's Nominating/Corporate Governance Committee
of
the Board of Directors.
Pursuant
to the terms of Realty Income’s 2003 Incentive Award Plan, as amended, upon
election to the Board, Ms. Huskins automatically received a grant of 4,000
shares of our common stock, which will vest evenly over three
years.
There
are no understandings or arrangements between Ms. Huskins or any other person
and Realty Income or any of its subsidiaries pursuant to which Ms. Huskins
was
selected to serve as a director of Realty Income. There are no family
relationships between Ms. Huskins and any director, executive officer or person
nominated or chosen by Realty Income to become a director or executive officer,
and there are no transactions between Ms. Huskins or any of her immediate family
members and Realty Income or any of our subsidiaries.
Ms.
Huskins brings impressive business and legal experience to Realty Income’s Board
of Directors. She is a partner and a senior vice president at
Woodruff-Sawyer & Co., an insurance brokerage, where she advises public
companies and their directors and officers on issues of loss control and risk
management. Prior to joining Woodruff-Sawyer & Co. in 2003, Ms.
Huskins was an attorney at the law firm of Wilson Sonsini Goodrich & Rosati,
where she worked with both public and private companies through all stages
of
their development, including IPOs, on-going public reporting and mergers &
acquisitions transactions.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
REALTY
INCOME CORPORATION
Date:
December 12, 2007
By: /s/
Michael R. Pfeiffer
Name: Michael
R. Pfeiffer
Title: Executive
Vice-President, General Counsel and Secretary