Gladstone Commercial Appoints Chief Financial Officer

Rhea-AI Summary

Gladstone Commercial Corporation (NASDAQ:GOOD) has appointed Gary Gerson as Chief Financial Officer, effective June 4, 2021. Gerson previously served as Interim CFO since March 26, 2021, and has extensive experience, including a tenure as CFO at Spotted Hawk Development. His familiarity with Gladstone’s operations is expected to enhance financial management and support future growth. The company’s portfolio consists of 120 properties across 27 states, totaling approximately 15.5 million square feet as of March 31, 2021.

Positive

• Gary Gerson's reappointment brings back extensive experience in financial management.
• His previous roles within Gladstone and other companies could provide valuable insights for growth.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / June 7, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that Gary Gerson has been appointed Chief Financial Officer, effective June 4, 2021.

Mr. Gerson has served as Gladstone Commercial's Interim Chief Financial Officer since March 26, 2021. Prior to joining the company, from 2013 to 2020, Mr. Gerson served as Chief Financial Officer of Spotted Hawk Development Company, LLC, an Apollo Investment Corporation (Nasdaq: AINV) portfolio company. In addition, Mr. Gerson previously served as Treasurer and Managing Principal of Gladstone Commercial, as well as the affiliated Gladstone family of companies, from 2006 to 2012, providing valuable finance and treasury functions. Mr. Gerson is a CFA Charterholder and a Certified Public Accountant in the Commonwealth of Virginia. He earned his Bachelor of Science from the United States Naval Academy and his Master of Business Administration from Yale University.

Bob Cutlip, President of Gladstone Commercial, remarked, "We are excited that Gary has rejoined the Gladstone Commercial team. We believe his broad range of experience in real estate and all facets of financial management, along with his thorough understanding and familiarity of our company enable him to deliver valuable contributions both today and as we continue to grow into the future."

Gladstone Commercial Corporation is a real estate investment trust ("REIT") focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of March 31, 2021, Gladstone Commercial's real estate portfolio consisted of 120 properties located in 27 states, totaling approximately 15.5 million square feet. For additional information please visit www.gladstonecommercial.com.

SOURCE: Gladstone Commercial Corporation

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FAQ

Who is the new Chief Financial Officer of Gladstone Commercial?

Gary Gerson has been appointed as the Chief Financial Officer of Gladstone Commercial, effective June 4, 2021.

What prior experience does Gary Gerson have?

Gerson served as CFO at Spotted Hawk Development and held roles at Gladstone Commercial from 2006 to 2012.

How might Gary Gerson's appointment impact Gladstone Commercial?

Gerson's reappointment is expected to strengthen financial management and support the company's growth strategy.

When did Gary Gerson start as Interim CFO?

Gary Gerson began serving as Interim Chief Financial Officer on March 26, 2021.