Arbor Realty Trust, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Arbor Realty Trust, Inc. on September 6, 2005, covering events occurring on August 31, 2005, and effective dates of September 16, 2005. The filing addresses significant changes in the Company's principal executive officers.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance metrics.
Material Changes
- Departure: Mr. Frederick C. Herbst voluntarily resigned as Chief Financial Officer and Treasurer, effective September 16, 2005.
- Reason for Departure: The resignation did not involve any disagreement with the Company regarding operations, policies, or practices.
- Appointment: Mr. Paul Elenio was appointed as Chief Financial Officer and Treasurer, effective September 16, 2005.
- Successor Background: Mr. Elenio, age 38, previously served as Senior Vice President--Finance since 2004 and Vice President and Controller since 1996. He will oversee financial reporting, tax planning, and budgeting.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No risks, contingencies, or unusual items were disclosed in this specific report.
Key Facts for Investor Verification
- Confirm the effective date of the leadership transition (September 16, 2005).
- Verify Mr. Paul Elenio's tenure and prior roles within the Company to assess continuity in financial management.
- Review the attached Press Release (Exhibit 99.1) for additional context on the transition not included in the 8-K text.
- Note that this filing does not impact the Company's financial statements or operational metrics directly.