Lauren Stadler
About Lauren Stadler
Lauren N. Stadler is Executive Vice President, General Counsel and Secretary at Kilroy Realty Corporation (KRC). She was appointed effective July 2024 and has been with KRC since 2013, previously serving as Senior Vice President, Corporate Counsel and Assistant Secretary (2021–2024) . She holds a B.S. in Business Administration and a B.A. in Communication from the University of Southern California, and a J.D. from USC Gould School of Law; prior experience includes serving as an attorney at Latham & Watkins LLP (2011–2013) focused on real estate transactions . As Corporate Secretary, she signs KRC’s proxy materials and SEC filings (e.g., 2025 proxy notice and 8-K filings) . Company performance context: KRC’s revenues were ~$1.118B in FY2024, broadly flat vs FY2023, and EBITDA was ~$653M in FY2024, modestly higher vs prior years (values from S&P Global)*.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Kilroy Realty Corporation | EVP, General Counsel & Secretary | Jul 2024–Present | Leads legal and governance; serves as Corporate Secretary signing proxy/SEC documents . |
| Kilroy Realty Corporation | SVP, Corporate Counsel & Assistant Secretary | 2021–2024 | Senior legal counsel; assistant secretary responsibilities . |
| Kilroy Realty Corporation | Corporate Counsel (earlier roles) | 2013–2021 | Progressively senior legal roles since joining KRC in 2013 . |
| Latham & Watkins LLP | Attorney | 2011–2013 | Represented clients in real estate acquisition, disposition, and financing transactions . |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Latham & Watkins LLP | Associate Attorney | 2011–2013 | Real estate transaction expertise (acquisition, disposition, financing) . |
Fixed Compensation
- KRC’s 2025 proxy identifies named executive officers (NEOs) but does not list or disclose individual base salary or bonus targets for Ms. Stadler; her compensation is not itemized in NEO tables .
Performance Compensation
- KRC’s executive equity program emphasizes long-term, performance-based RSUs with three-year vesting; performance RSUs are gated by achieving a threshold FFO per share and then vest based on relative TSR (50%) vs office-focused REITs and average net debt to EBITDA (50%) over three years. Time-based RSUs also vest over three years .
- Annual short-term incentives for NEOs are determined against pre-set financial/operational (including ESG) goals; 2024 final STI payouts for eligible NEOs ranged ~124–127% of target .
- The proxy does not disclose Ms. Stadler’s specific award metrics, targets, or payouts.
Equity Ownership & Alignment
- Beneficial ownership table in the 2025 proxy does not provide an individualized share/RSU breakdown for Ms. Stadler; directors and NEOs are detailed, and the group aggregate is presented .
- Governance policies: KRC maintains anti-hedging and anti-pledging policies; robust stock ownership guidelines for executives and directors; clawback policy; no single-trigger change-in-control; no excise tax gross-ups .
Employment Terms
- Appointment: EVP, General Counsel & Secretary effective July 2024 .
- Corporate Secretary role: signs proxy materials and 8-K filings (e.g., 2025 proxy notice; chief accounting officer 8-K) .
- Indemnification: KRC’s bylaws provide broad indemnification and advancement of expenses for officers/directors, subject to Maryland law .
- Company-wide practices: no single-trigger CIC for executives; no tax gross-ups; stock ownership guidelines (CEO 600% of salary; other NEOs 300%—note: Ms. Stadler is not listed as an NEO) .
- Severance specifics, non-compete/non-solicit, and CIC economics for Ms. Stadler are not disclosed in the proxy/8-Ks reviewed.
KRC Performance Context (for pay-for-performance linkage)
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Revenues (USD) | $1,086,018,000 | $1,117,737,000* | $1,118,115,000 |
| EBITDA (USD) | $640,753,000* | $646,771,000* | $653,036,000* |
*Values retrieved from S&P Global.
Additional Signals and Filings Activity
- Personnel promotion press release (July 31, 2024) noted Ms. Stadler’s elevation to EVP, General Counsel & Secretary .
- She executed underwriting and sales agreement amendments and related officers’ certificates for KRC’s capital markets activities in 2025, reinforcing her central role in legal/capital markets documentation .
Investment Implications
- Compensation alignment: KRC’s policies (three-year vesting RSUs, relative TSR and leverage-based metrics, anti-hedging/anti-pledging, clawbacks, no single-trigger) are shareholder-friendly and reduce misalignment risk even though Ms. Stadler’s individual compensation details are not disclosed .
- Insider selling pressure: Company-wide three-year vesting of RSUs suggests a measured vesting cadence; lack of disclosed individual holdings/vesting schedules for Ms. Stadler limits assessment of near-term selling pressure .
- Retention/contract risk: Absence of published severance/CIC specifics for Ms. Stadler constrains analysis; bylaws’ indemnification and established governance framework support executive retention within standard REIT practices .
- Execution credibility: Her long KRC tenure, legal background in complex real estate transactions, and direct involvement in financing documentation bolster confidence in legal risk management and transaction execution .
- Data gap: Without granular pay and ownership disclosures for Ms. Stadler, traders/analysts should monitor future proxies and Form 4 filings (if/when applicable) to refine pay-for-performance and alignment insights.