Four Corners Property Trust Announces Leadership Transition
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 significant leadership transition. John S. Moody, a 10-year veteran and Chair of the Board, has announced his decision not to stand for re-election at the 2025 Annual Meeting. Douglas B. Hansen, a seasoned real estate professional and long-time Board member, has been appointed as the new Chair of the Board. Hansen brings extensive experience in real estate, capital markets, and asset management, and has been a key contributor to the Company's success.
Key Takeaways:
- John S. Moody, a 10-year veteran of the Board, has announced his departure at the 2025 Annual Meeting.
- Douglas B. Hansen has been appointed as the new Chair of the Board, effective immediately.
- Hansen has been a long-time member of the Board, joining in November 2015, and has served on several committees, including the Compensation Committee and Investment Committee.
- Hansen has extensive experience in real estate, capital markets, and asset management, including founding Redwood Trust, Inc. and serving as its President from 1994 through 2008.
- Hansen holds a Bachelor's degree in Economics from Harvard College and a Master of Business Administration degree from Harvard Business School.
Statistics:
- 10 years: Length of time John S. Moody has served on the Board.
- 4 years: Length of time Hansen previously chaired the Investment Committee.
- 1994-2008: Years Hansen served as President of Redwood Trust, Inc.
- $: No financial data is mentioned in the original text.
Sources:
- Four Corners Property Trust (NYSE:FCPT) news release