HCP Inc. on Monday said that Chief Financial Officer Thomas Herzog will resign from the company as of May 15.

The Long Breach health care real estate investment trust said Herzog, who has been with the company since May 2009, has agreed to provide consulting services until Feb. 15 to provide an orderly transition. The company is commencing a search for his successor, it said.

Herzog, 48, planned to “pursue new opportunities and business challenges within the real estate industry,” the company said. Before coming to HCP, he was CFO at another REIT, Apartment Investment and Management Co., and earlier was chief accounting officer at GE Real Estate. He also has worked at Deloitte & Touche LLP.

"Tom has been a dedicated member of HCP and we greatly appreciate his efforts and contributions, especially the further development of our outstanding accounting, finance and tax team,” Chief Executive Jay Flaherty said in a statement.

Shares were up 1 cent, or less than 1 percent, to $37.86 in midday trading on the New York Stock Exchange.

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