Kimco Realty Announces Chief Accounting Officer Transition

Kimco Realty ( (KIM) ) has shared an update.

Kimco Realty Corporation announced a planned leadership transition in its accounting function, following the January 27, 2026 notice by Paul Westbrook of his intention to retire as Vice President and Chief Accounting Officer of the company and Kimco Realty OP, LLC, effective March 31, 2026. The company stated that Westbrook’s departure is not related to any disagreements over operations or accounting matters, and that Senior Vice President and Treasurer, Corporate Accounting, Kathleen Thayer will assume the role of Executive Vice President, Treasurer and Chief Accounting Officer effective April 1, 2026, bringing two decades of experience at Kimco and prior audit management experience at BDO Seidman, LLP, which supports continuity and stability in the company’s financial leadership.

The most recent analyst rating on (KIM) stock is a Buy with a $23.50 price target. To see the full list of analyst forecasts on Kimco Realty stock, see the KIM Stock Forecast page.

Spark’s Take on KIM Stock

According to Spark, TipRanks’ AI Analyst, KIM is a Outperform.

The score is led by solid financial quality (strong cash flow and stable leverage) and a favorable earnings outlook (raised FFO guidance with strong leasing/occupancy). Technicals are supportive but somewhat stretched near-term, while valuation is mixed—attractive yield but a higher P/E—keeping the overall rating in the mid-70s.

To see Spark’s full report on KIM stock, click here.

More about Kimco Realty

Kimco Realty Corporation is a real estate company that operates through Kimco Realty OP, LLC and focuses on managing and overseeing corporate accounting and financial reporting functions within its real estate operations.

Average Trading Volume: 4,913,808

Technical Sentiment Signal: Buy

Current Market Cap: $14.12B

For an in-depth examination of KIM stock, go to TipRanks’ Overview page.