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Essential Properties Realty Trust, Inc. Announces Executive Promotions

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Essential Properties Realty Trust (NYSE: EPRT) has announced key executive promotions to strengthen its leadership team. Max Jenkins has been elevated to EVP, Chief Operating Officer, while AJ Peil, CFA has been promoted to EVP, Chief Investment Officer. Additionally, Robert Salisbury, CFA has been promoted to SVP, Head of Corporate Finance and Strategy.

According to CEO Pete Mavoides, these promotions recognize the executives' contributions as business partners and reflect the company's strategic expansion of its executive team to support sustained growth and enhance long-term shareholder value.

Essential Properties Realty Trust (NYSE: EPRT) ha annunciato importanti promozioni esecutive per rafforzare il proprio team di leadership. Max Jenkins è stato elevato a EVP, Chief Operating Officer, mentre AJ Peil, CFA è stato promosso a EVP, Chief Investment Officer. Inoltre, Robert Salisbury, CFA è stato promosso a SVP, Head of Corporate Finance and Strategy.

Secondo il CEO Pete Mavoides, queste promozioni riconoscono il contributo degli esecutivi come partner commerciali e riflettono l'espansione strategica del team esecutivo dell'azienda per supportare una crescita sostenuta e migliorare il valore per gli azionisti a lungo termine.

Essential Properties Realty Trust (NYSE: EPRT) ha anunciado importantes promociones ejecutivas para fortalecer su equipo de liderazgo. Max Jenkins ha sido ascendido a EVP, Chief Operating Officer, mientras que AJ Peil, CFA ha sido promovido a EVP, Chief Investment Officer. Además, Robert Salisbury, CFA ha sido promovido a SVP, Head of Corporate Finance and Strategy.

Según el CEO Pete Mavoides, estas promociones reconocen las contribuciones de los ejecutivos como socios comerciales y reflejan la expansión estratégica del equipo ejecutivo de la empresa para apoyar un crecimiento sostenido y mejorar el valor para los accionistas a largo plazo.

Essential Properties Realty Trust (NYSE: EPRT)는 리더십 팀을 강화하기 위해 주요 경영진 승진을 발표했습니다. Max Jenkins는 EVP, Chief Operating Officer로 승진하였고, AJ Peil, CFA는 EVP, Chief Investment Officer로 승진하였습니다. 또한, Robert Salisbury, CFA는 SVP, Head of Corporate Finance and Strategy로 승진하였습니다.

CEO Pete Mavoides에 따르면, 이러한 승진은 경영진의 비즈니스 파트너로서의 기여를 인정하며, 지속 가능한 성장을 지원하고 장기적인 주주 가치를 향상시키기 위한 회사의 전략적 경영진 확장을 반영합니다.

Essential Properties Realty Trust (NYSE: EPRT) a annoncé d'importantes promotions au sein de son équipe de direction pour renforcer son leadership. Max Jenkins a été promu EVP, Chief Operating Officer, tandis que AJ Peil, CFA a été promu EVP, Chief Investment Officer. De plus, Robert Salisbury, CFA a été promu SVP, Head of Corporate Finance and Strategy.

Selon le PDG Pete Mavoides, ces promotions reconnaissent les contributions des dirigeants en tant que partenaires commerciaux et reflètent l'expansion stratégique de l'équipe de direction de l'entreprise pour soutenir une croissance durable et améliorer la valeur à long terme pour les actionnaires.

Essential Properties Realty Trust (NYSE: EPRT) hat wichtige Beförderungen im Management angekündigt, um sein Führungsteam zu stärken. Max Jenkins wurde zum EVP, Chief Operating Officer befördert, während AJ Peil, CFA zum EVP, Chief Investment Officer befördert wurde. Darüber hinaus wurde Robert Salisbury, CFA zum SVP, Head of Corporate Finance and Strategy befördert.

Laut CEO Pete Mavoides erkennen diese Beförderungen die Beiträge der Führungskräfte als Geschäftspartner an und spiegeln die strategische Expansion des Führungsteams des Unternehmens wider, um ein nachhaltiges Wachstum zu unterstützen und den langfristigen Wert für die Aktionäre zu steigern.

Positive
  • Strategic expansion of executive team to support company growth
  • Internal promotion showing strong succession planning
Negative
  • None.

PRINCETON, N.J.--(BUSINESS WIRE)-- Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the promotion of three executives. Max Jenkins has been promoted to EVP, Chief Operating Officer. AJ Peil, CFA has been promoted to EVP, Chief Investment Officer. Robert Salisbury, CFA has been promoted to SVP, Head of Corporate Finance and Strategy.

Pete Mavoides, the Company’s President and Chief Executive Officer, said, “We are pleased to recognize these three senior leaders for their contributions as partners in the business. As the Company has grown, we have broadened the executive team to strengthen our foundation for sustained growth and long-term shareholder value creation.”

About Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single- tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of December 31, 2024, the Company’s portfolio consisted of 2,104 freestanding net lease properties with a weighted average lease term of 14.0 years and a weighted average rent coverage ratio of 3.5x. In addition, as of December 31, 2024, the Company’s portfolio was 99.7% leased to 413 tenants operating 592 different concepts in 16 industries across 49 states.

Investor/Media

Essential Properties Realty Trust, Inc.

Robert W. Salisbury, CFA

Senior Vice President, Head of Corporate Finance & Strategy

609-436-0619

investors@essentialproperties.com

Source: Essential Properties Realty Trust, Inc.

FAQ

What executive changes were announced at Essential Properties Realty Trust (EPRT)?

EPRT announced three promotions: Max Jenkins to EVP & COO, AJ Peil to EVP & CIO, and Robert Salisbury to SVP, Head of Corporate Finance and Strategy.

Who is the new Chief Operating Officer at Essential Properties Realty Trust (EPRT)?

Max Jenkins has been promoted to Executive Vice President and Chief Operating Officer at EPRT.

What is the strategic reason behind EPRT's executive promotions in 2024?

The promotions aim to strengthen EPRT's foundation for sustained growth and long-term shareholder value creation as the company expands.

How many executive positions were promoted at Essential Properties Realty Trust (EPRT)?

EPRT promoted three executives to senior leadership positions.
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Real Estate Investment Trusts
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