Four Corners Property Trust Announces Leadership Transition

Strategic Insights -

Four Corners Property Trust, a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, has announced a leadership transition. John S. Moody, a member of the Board of Directors, will not stand for re-election at the 2025 Annual Meeting of Stockholders. Douglas B. Hansen, a seasoned real estate expert, will succeed Mr. Moody as Chair of the Board, pending his re-election. This transition marks a new chapter in the company's leadership, with Mr. Hansen bringing extensive experience in real estate, capital markets, and asset management to the role.

Key Takeaways:

  • John S. Moody, a 10-year veteran of the Board, will not seek re-election at the 2025 Annual Meeting of Stockholders.
  • Douglas B. Hansen, a seasoned real estate expert, will succeed Mr. Moody as Chair of the Board, pending his re-election.
  • Mr. Hansen has extensive experience in real estate, capital markets, and asset management, having founded Redwood Trust, Inc. and served as its President from 1994 to 2008.
  • He also served as President of Resonant Capital, Inc. since 2009 and holds a Bachelor's degree in Economics from Harvard College and a Master of Business Administration degree from Harvard Business School.
  • Mr. Hansen joined the Board in November 2015 and currently serves as the chair of the Company's Compensation Committee and a member of the Investment Committee.
  • Bill Lenehan, Chief Executive Officer of FCPT, commented on the transition, thanking John S. Moody for his contributions and welcoming Douglas B. Hansen as the new Chair of the Board.
  • The leadership transition is expected to sustain FCPT's strong performance, with Mr. Hansen confident in his ability to lead the Board.

Statistics:

  • 10 years : John S. Moody's tenure on the Board.
  • 1994-2008 : Mr. Hansen's tenure as President of Redwood Trust, Inc.
  • 2009-present : Mr. Hansen's tenure as President of Resonant Capital, Inc.
  • 1994 : Mr. Hansen joined the board of Redwood Trust, Inc.
  • 2015 : Mr. Hansen joined the Board of FCPT.
  • 2025 : The year in which John S. Moody will not seek re-election and Douglas B. Hansen will be elected as Chair of the Board.

Sources:

  • BusinessWire: https://www.businesswire.com/news/home/20250609934332/en/