FCPT Appoints Barbara Jesuele to the Board of Directors

Rhea-AI Summary

Four Corners Property Trust (FCPT) announced the appointment of Barbara Jesuele to its Board of Directors, effective March 9, 2023. Jesuele, who brings over 20 years of experience from her role as Deputy Chief Investment Officer at J. Paul Getty Trust, holds a strong background in real estate investment. Her extensive expertise is anticipated to provide a fresh perspective at a critical time in FCPT's growth. CEO Bill Lenehan expressed enthusiasm for her joining the board, highlighting her expected contributions to the company’s strategic direction.

Positive

• Appointment of Barbara Jesuele to the Board of Directors enhances leadership diversity.
• Jesuele's extensive experience in real estate investment may aid in FCPT's growth strategy.

Negative

• None.

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today that Barbara Jesuele has been appointed to the Company’s Board of Directors (the “Board”), effective March 9, 2023.

Bill Lenehan, CEO of FCPT, said, “I couldn’t be more excited to have Barbara join our Board. She brings a fresh perspective on real estate investment at a pivotal time in FCPT’s growth. I look forward to working with her for many years to come.”

Barbara Jesuele serves as the Deputy Chief Investment Officer at J. Paul Getty Trust (“Getty”). She has worked at Getty for over 20 years, working across public and private market asset classes. She started at Getty in 2002 as a senior investment analyst in private equity. She was promoted to manager of real assets in 2008, director of real assets in 2011, then managing director of real assets in 2013. She assumed responsibility for public equity in 2020 in addition to the real assets portfolio. Prior to Getty, Jesuele started her career at HypoVereinsbank (UniCredit) in Munich, Germany, as a credit risk analyst with the Financial Institutions Group focused on Asia. Jesuele is fluent in German, Filipino, and English. She studied International Economic Relations at the University of Hamburg, Germany, and holds a B.A. in Management and Economics from the Ateneo de Manila University, Philippines.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230310005372/en/

Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEO

Gerry Morgan, 415-965-8032

CFO

Source: Four Corners Property Trust

FAQ

Who is Barbara Jesuele and what is her role at FCPT?

Barbara Jesuele has been appointed to FCPT's Board of Directors effective March 9, 2023. She brings over 20 years of experience from her role as Deputy Chief Investment Officer at J. Paul Getty Trust.

What are the expected impacts of Barbara Jesuele's appointment to FCPT?

Her extensive experience in real estate investment is expected to provide a fresh perspective and support FCPT's growth strategy.

When was Barbara Jesuele appointed to the Board of FCPT?

Barbara Jesuele was appointed to FCPT's Board of Directors on March 9, 2023.

What previous experience does Barbara Jesuele have that benefits FCPT?

Jesuele has a strong background in public and private market asset classes from her over 20-year tenure at J. Paul Getty Trust.