San Diego-based BioMed Realty Trust Inc. has announced a realignment of its executive team following the departure of company President and Chief Operating Officer Kent Griffin.
Officials said Griffin has left the company after nine years “to pursue other business opportunities.” As a result of the departure, the company expects to record a severance charge of $0.05 per diluted share in the first quarter of 2015.
A company statement said John Bonanno has been promoted from senior vice president to executive vice president of leasing and development, and Jon Klassen has been promoted from senior vice president to executive vice president and general counsel.
They will be joined on a revised executive leadership team by Jim Berens, president of BioMed subsidiary Wexford Science & Technology.
The executive team also includes co-founder, Chairman and CEO Alan Gold, co-founder and Executive Vice President Gary Kreitzer, Chief Financial Officer Greg Lubushkin and Executive Vice President of Asset Management Karen Sztraicher.
BioMed Realty Trust (NYSE: BMR) employs more than 250 people at its Rancho Bernardo headquarters and other regional offices. It is among the nation’s largest holders of life-science real estate, with 18 million rentable square feet and more than $7 billion in total gross assets.