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Gladstone Commercial Corporation Appoints Co-President

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Gladstone Commercial Corporation (Nasdaq: GOOD) appointed Arthur S. Cooper as co-President, effective January 11, 2022. Cooper, who has over 35 years of experience in commercial real estate, has been with the company since its inception in 2001. He previously served as Chief Investment Officer. Co-President Bob Cutlip will resign on June 30, 2022, as part of his planned retirement. Gladstone Commercial focuses on net leased industrial and office properties across the U.S., with a portfolio of 127 properties totaling approximately 15.7 million square feet as of September 30, 2021.

Positive
  • Appointment of Arthur S. Cooper as co-President may bring fresh perspectives and strengthened leadership.
  • Cooper's extensive experience in commercial lending and real estate could enhance company performance.
Negative
  • Bob Cutlip's resignation raises concerns about leadership continuity and potential experience gaps.

MCLEAN, VA / ACCESSWIRE / January 13, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced that its board of directors appointed Arthur S. "Buzz" Cooper co-President of the Company effective as of January 11, 2022. Mr. Cooper joined the Gladstone family of companies at their inception in 2001 and the Company at its initial public offering in 2003. Mr. Cooper most recently served as the Chief Investment Officer of the Company. Mr. Cooper has over 35 years of experience in the commercial lending industry and the commercial real estate industry, having worked alongside David Gladstone since 1984. Mr. Cooper is a graduate of Washington and Lee University and is a member of the National Association of Industrial Office Properties.

"We are very pleased to elevate Buzz to the role of co-President. We look forward to his continued leadership and contributions to our Company," said David Gladstone, CEO of Gladstone Commercial.

In addition, Bob Cutlip, the Company's current President, notified the Company that he will be resigning as President of the Company on or about June 30, 2022. Mr. Cutlip's resignation is in connection with his planned retirement. The Company wishes Mr. Cutlip all the best in his well-deserved retirement.

About Gladstone Commercial (Nasdaq: GOOD)

Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of September 30, 2021, Gladstone Commercial's real estate portfolio consisted of 127 properties located in 27 states, totaling approximately 15.7 million square feet. For additional information please visit www.gladstonecommercial.com.

For Broker Submittals:

South Central:Southeast/Northeast:
Buzz CooperEJ Wislar
Co-PresidentSenior Vice President
(703) 287-5815(703) 462-1027
Buzz.Cooper@gladstonecompanies.comEJ.Wislar@gladstonecompanies.com
Midwest/West:
Ryan Carter
Executive Vice President
(571) 451-0019
Ryan.Carter@gladstonecompanies.com

Investor or Media Inquiries:

Bob Cutlip
President - Gladstone Commercial Corporation
(703) 287-5878
Bob.Cutlip@gladstonecompanies.com

For further information: Gladstone Commercial Corporation, +1-703-287-5893

SOURCE: Gladstone Commercial Corporation



View source version on accesswire.com:
https://www.accesswire.com/683402/Gladstone-Commercial-Corporation-Appoints-Co-President

FAQ

What is the significance of Arthur S. Cooper's appointment as co-President of Gladstone Commercial?

Arthur S. Cooper's appointment as co-President is expected to provide strong leadership due to his extensive experience in the commercial real estate sector since the company's inception in 2001.

When will Bob Cutlip resign from Gladstone Commercial Corporation?

Bob Cutlip is set to resign as President on or about June 30, 2022, as part of his planned retirement.

How will the management change at Gladstone Commercial affect shareholders?

The management change could impact shareholders by influencing company strategy and operations. Investors may be concerned about leadership continuity following Bob Cutlip's resignation.

What is Gladstone Commercial's focus as a real estate investment trust?

Gladstone Commercial focuses on acquiring, owning, and operating net leased industrial and office properties across the United States.

Gladstone Commercial Corporation - REIT

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