NEW YORK--(BUSINESS WIRE)--
Global Net Lease, Inc. (“GNL”) (NYSE:GNL) announced today
that its Board of Directors (the “Board”) has unanimously approved the
appointment of Christopher J. Masterson as GNL’s chief financial
officer, secretary and treasurer, effective on or about November 15,
2017.
Mr. Masterson joined AR Global Investments LLC (“AR Global”) in February
2013, and has held several senior accounting positions, most recently as
GNL’s chief accounting officer. His previous positions also included
chief accounting officer for both American Finance Trust, Inc. and
American Realty Capital – Retail Centers of America, Inc. Prior to his
work with AR Global, Mr. Masterson held accounting positions for several
years with Goldman Sachs & Co. and KPMG LLP. Mr. Masterson is a
certified public accountant in New York State, and he graduated from the
University of Notre Dame with a B.B.A. in accounting and received an
M.B.A. from New York University.
Mr. Masterson has been promoted from the chief accounting officer to
chief financial officer of GNL. In his new role, Mr. Masterson will
focus exclusively on GNL, and he will not play any role with any other
entity sponsored or advised by affiliates of the Company’s advisor. Mr.
Masterson will replace the current chief financial officer, Nicholas
Radesca. Mr. Radesca notified the Board on October 6, 2017 that he
intends to retire from his role with GNL as a public company executive
to pursue other interests. Mr. Radesca did not resign pursuant to any
disagreement with GNL or its advisor. In addition, Mr. Radesca is
expected to enter into an agreement with the Company’s advisor to
provide certain consulting services to the Company’s advisor through
June 30, 2018.
James L. Nelson, GNL’s chief executive officer and president, stated,
“Nick has contributed meaningfully to GNL’s accomplishments, and we wish
him well in his retirement. I am pleased that Nick will continue as a
consultant to enhance Chris’ knowledge of GNL’s business and enable a
seamless transition process. I look forward to continuing to work with
Chris in his new role as CFO, and I am confident that Chris’ extensive
relevant experience and strong financial acumen will continue to be of
tremendous benefit to GNL.”
About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE:GNL) is a publicly traded real estate
investment trust listed on the NYSE focused on acquiring a diversified
global portfolio of commercial properties, with an emphasis on
sale-leaseback transactions involving single tenant, mission critical
income producing net-leased assets across the United States, Western and
Northern Europe. Additional information about GNL can be found on its
website at www.globalnetlease.com.
Important Notice
The statements in this press release that are not historical facts may
be forward-looking statements. These forward-looking statements involve
risks and uncertainties that could cause the outcome to be materially
different. In addition, words such as “may,” “will,” “seeks,”
“anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,”
“should” or similar expressions indicate a forward-looking statement,
although not all forward-looking statements include these words. Actual
results may differ materially from those contemplated by such
forward-looking statements, including those set forth in the Risk
Factors section of GNL’s most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q. Further, forward-looking
statements speak only as of the date they are made, and GNL undertakes
no obligation to update or revise forward-looking statements to reflect
changed assumptions, the occurrence of unanticipated events or changes
to future operating results over time, unless required by law.
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Global Net Lease, Inc.
Investors and Media:
investorrelations@globalnetlease.com
212-415-6500
Source: Global Net Lease, Inc.