NNN REIT CFO Kevin Habicht to retire March 31; Vincent Chao named successor
NNN REIT said its CFO and board member Kevin B. Habicht will retire effective March 31, 2025, and will assist with transition matters afterward. The board appointed Vincent H. Chao, a former RPT Realty managing director, as Executive Vice President from January 9, 2025, and he will become CFO and principal financial officer on April 1, 2025. The CFO transition is a planned leadership change with a scheduled handover period.
Key points
- Kevin B. Habicht retires as EVP, CFO and board member effective March 31, 2025
- Vincent H. Chao appointed EVP as of January 9, 2025, and becomes CFO on April 1, 2025
- Chao's base salary is $500,000, with a $75,000 sign-on bonus plus a 25% tax gross-up
- Habicht will receive a $45,000 monthly consulting fee for 20 months after retirement
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 10, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.