Ares Industrial Real Estate Income Trust Inc.
04/07/2026 | Press release | Distributed by Public on 04/07/2026 14:44
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2026, Stanley A. Moore, a member of the board of directors (the "Board") of Ares Industrial Real Estate Income Trust Inc. (referred to herein as the "Company," "we," or "our"), notified the Company of his decision to step down from his position on the Board, which resignation became effective on that day. Mr. Moore's decision to resign was not the result of any disagreement with management, the Company or its operations, policies or practices.
In connection with Mr. Moore's departure from the Board, the Board appointed Scott W. Lang to serve as an independent director on the Board, effective as of April 1, 2026. Mr. Lang will serve on the Board until his successor is duly elected and qualifies. Mr. Lang was also appointed to our conflicts resolution committee and audit committee. There are no arrangements or understandings between Mr. Lang and any other persons pursuant to which he was selected as a director.
Mr. Lang has served as Chief Financial Officer of KickCharge Creative, a family office investment and brand management and digital marketing company, since April 2025. He has also served as an Operating Partner, Board Member and Executive Coach at Shore Capital Partners since January 2023. Previously, Mr. Lang served as Chief Operating Officer and Chief Financial Officer of All Metals Industries/Gerber Metal Supply, a private equity-owned metal service center business, from February 2023 to April 2025. Prior to that, he served as Managing Director and Co-Head of M&A Advisory at Everest Group International from March 2022 to February 2023. From October 2014 to February 2022, Mr. Lang held senior executive roles at FirstService Residential, the largest division of FirstService Corporation (NYSE: FSV), including Chief Financial Officer and Executive Vice President of Finance for the East and New York City regions, and President of Community Collection Services. Earlier in his career, Mr. Lang held senior roles in investment banking and financial services, including positions at Royal Bank of Scotland, Goldman Sachs and J.P. Morgan Securities, and began his career in real estate finance and public accounting. Mr. Lang holds an M.B.A. from Columbia University Graduate School of Business and a B.S. in Accounting, magna cum laude, from the State University of New York at Oswego. He is a Certified Public Accountant licensed in the State of New York.
There are no transactions between the Company and Mr. Lang that would be required to be reported under Item 404(a) of Regulation S-K.
In connection with his appointment as a director of the Company, we entered into an indemnification agreement with Mr. Lang effective as of April 1, 2026. The terms of the indemnification agreement are substantially identical to the terms of the indemnification agreements we have entered into with each of our other directors and executive officers. The indemnification agreement requires, among other things, that, subject to certain limitations, we will indemnify Mr. Lang and advance to him all related expenses, subject to reimbursement if it is subsequently determined that indemnification is not permitted. This description of the indemnification agreement is a summary and is qualified in its entirety by the full terms of our form of indemnification agreement, which we filed as Exhibit 10.6 to Post-Effective Amendment No. 1 to our Registration Statement on Form S-11 (Registration No. 333-200594), filed with the Securities and Exchange Commission on July 1, 2016.
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