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PSB > SEC Filings for PSB > Form 8-K on 4-Oct-2013All Recent SEC Filings

Show all filings for PS BUSINESS PARKS INC/CA



Change in Directors or Principal Officers, Financial Statements and Exhi

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On October 3, 2013, PS Business Parks, Inc. (the "Company") issued a press release announcing the election by the Board of Directors of the Company of Robert S. Rollo as a member of the Board of Directors of the Company, effective immediately. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K.

Mr. Rollo, 66, served as a Senior Partner of Heidrick & Struggles, a leading international leadership advisory and executive search firm, in Los Angeles from 2006 until his retirement in 2012. Mr. Rollo is a past trustee of the University of Southern California and is Chairman Emeritus of the Southern California Chapter of the National Association of Corporate Directors.

There is no arrangement or understanding pursuant to which Mr. Rollo was nominated or elected as a director, and there have been no transactions, either since the beginning of the Company's last fiscal year or that are currently proposed, regarding Mr. Rollo that are required to be disclosed pursuant to Item 404(a) of SEC Regulation S-K.

Mr. Rollo will receive compensation for services on the Board of Directors in the form and amounts payable to all outside members of the Board of Directors as described in our 2012 proxy statement.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99.1: Press release dated October 3, 2013

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