STAG Industrial Announces Resignation Of General Counsel And Appointment Of New General Counsel
BOSTON, Sept. 8, 2014 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG), a company focused on the acquisition, ownership, and management of single-tenant industrial properties throughout the United States, announced today that Kathryn Arnone, Executive Vice President, General Counsel and Secretary of the Company, notified the Board of Directors of her decision to resign for personal reasons, effective December 31, 2014. Ms. Arnone has served in these capacities since the Company went public in 2011 and served as General Counsel to the Company's predecessor business since 2006.
"We shall miss Kathryn for many reasons including her wit, her legal expertise and as a steady voice of reason on our management team. Her accomplishments and contributions speak for themselves and we wish her well," said Ben Butcher, the Company's Chief Executive Officer.
Mr. Jeffrey M. Sullivan, currently a partner at Hunton & Williams LLP, has been appointed by the Board of Directors to serve as Executive Vice President, General Counsel and Secretary of the Company, effective January 1, 2015. Mr. Sullivan's practice has focused on securities law, mergers and acquisitions, corporate governance matters and general corporate law, primarily involving REITs and other real estate companies, private equity funds and underwriters. Mr. Sullivan has represented the Company since it initiated its efforts to become a public company. Mr. Sullivan is a graduate of the University of North Carolina at Chapel Hill and Vanderbilt University Law School.
"We are very pleased to welcome Jeff to the STAG team. His expertise and broad REIT experience will add measurably to STAG's continued growth and good corporate citizenship," said Ben Butcher.
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate company focused on the acquisition and management of single-tenant industrial properties throughout the United States. The Company's portfolio consists of 225 properties in 34 states with approximately 41.9 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 STAG Industrial, Inc. (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, 2013, 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.
SOURCE STAG Industrial, Inc.
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