Stag Industrial's General Counsel Named Recipient of the 2020 Modern Governance 100

Rhea-AI Summary

STAG Industrial (NYSE:STAG) announced that Jeffrey M. Sullivan, the Executive Vice President and General Counsel, was honored as a recipient of the 2020 Modern Governance 100. This recognition highlights his commitment to enhancing diversity, sustainability, and strong corporate governance amid challenges like the COVID-19 pandemic. As of September 30, 2020, STAG Industrial's portfolio includes 462 properties across 38 states, totaling approximately 92.3 million rentable square feet. STAG continues to focus on acquiring and managing single-tenant industrial properties.

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• Jeffrey M. Sullivan's recognition as a recipient of the 2020 Modern Governance 100 enhances STAG's reputation in corporate governance.
• The company's portfolio consists of 462 buildings with approximately 92.3 million rentable square feet, indicating strong operational capacity.

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• None.

BOSTON, Nov. 30, 2020 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that Jeffrey M. Sullivan, Executive Vice President, General Counsel and Secretary of the Company, was named a recipient of the 2020 Modern Governance 100.

"Mr. Sullivan has demonstrated his commitment to improving diversity, sustainability, and corporate governance during his time at STAG," said Ben Butcher, Chief Executive Officer of the Company. "We are proud to see him receive this designation and appreciate the integrity and leadership he brings to the role."

In 2020, governance professionals in all industries faced an array of new challenges, from the COVID-19 pandemic to increased cyber threats and global civil unrest, putting their governance practices to the test. The Modern Governance 100 program shines a light on general counsels, corporate secretaries, paralegals, and others who have demonstrated resilience, dedication, and empathy in the face of complex and challenging times.

The dynamic professionals recognized by the Modern Governance 100 program have demonstrated an exceptional ability to support their organizations throughout the year, driving greater diversity and sustainable practices, providing sharper insights for company leadership, and ensuring strong governance practices across the board.

To view the full list of the 2020 Modern Governance 100 honorees and learn more about how they are leading through change, visit https://info.diligent.com/modern-leaders-2020/.

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership and operation of single-tenant, industrial properties throughout the United States. As of September 30, 2020, the Company's portfolio consists of 462 buildings in 38 states with approximately 92.3 million rentable square feet.

For additional information, please visit the Company's website at www.stagindustrial.com.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2019 as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Contact:

STAG Industrial, Inc.
Matts Pinard, Senior Vice President
617-226-4987
InvestorRelations@stagindustrial.com

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SOURCE STAG Industrial, Inc.

FAQ

Who is Jeffrey M. Sullivan and why was he recognized?

Jeffrey M. Sullivan is STAG Industrial's Executive Vice President and General Counsel, recognized for his commitment to diversity, sustainability, and corporate governance.

What does the Modern Governance 100 recognition signify for STAG Industrial?

It signifies STAG's commitment to strong governance practices and highlights the leadership of its executives in challenging times.

What is the current portfolio size of STAG Industrial?

As of September 30, 2020, STAG Industrial's portfolio includes 462 buildings across 38 states, totaling approximately 92.3 million rentable square feet.

When was the announcement made regarding Jeffrey M. Sullivan's recognition?

The announcement was made on November 30, 2020.

What is STAG Industrial's focus as a company?

STAG Industrial focuses on the acquisition, ownership, and operation of single-tenant industrial properties across the United States.