Global Net Lease Appoints James Nelson as Member of the Board of Directors
March 24, 2017 at 10:01 am
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On March 23, 2017, James Nelson was elected as a member of the board of directors (Board) of Global Net Lease, Inc. to serve as a director effective immediately. In connection with this election as independent director, Mr. Nelson was also appointed to the audit committee of the Board, for which he will act as chair, the conflicts committee of the Board and the nominating and governance committee of the Board. Simultaneously with the appointment of Mr. Nelson, the Board took action to increase the number of directors constituting the entire board to six directors pursuant to the Company's bylaws.
Global Net Lease, Inc. is a real estate investment trust (REIT). The Company focuses on acquiring and managing a global portfolio of income producing net lease assets across the United Sates and Western and Northern Europe. The Companyâs segments include Industrial & Distribution, Multi-Tenant Retail, Single-Tenant Retail, and office. The Industrial & Distribution, Single-Tenant Retail and Office segments owns, manages, and leases single-tenant properties. The Multi-Tenant Retail segment owns, manages and lease multi-tenant properties. The Company owns approximately 1,300 properties, encompassing over 66 million square feet in 11 countries. Its industry diversity includes healthcare, financial services, auto manufacturing, discount retail, specialty retail, gas/convenience, freight, consumer goods, home improvement, retail banking, and quick service restaurant.