Hudson Pacific Properties COO Andrew Wattula Steps Down; No Financial Disagreements Cited
HPP has more than doubled off its 52-week low of $5.26.
Summary
Andrew Wattula has resigned as Chief Operating Officer of Hudson Pacific Properties, effective June 18, 2026. His responsibilities will be absorbed by existing executive officers as the company evaluates a permanent replacement. The company clarified that Wattula's departure is not linked to any financial, accounting, or operational disagreements. This executive change follows an 8-K filing on the same day and comes after the company reported strong Q1 results and an increased FFO outlook in May.
At the time of this announcement, HPP was trading at $14.54 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $806.3M. The 52-week trading range was $5.26 to $21.70. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.