UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event Reported): January 13, 2022 (
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On January 11, 2022, the board of directors of Gladstone Commercial Corporation (the “Company”) appointed Arthur S. “Buzz” Cooper, age 65, co-president of the Company effective immediately. Mr. Cooper has been with the Company since its initial public offering in 2003. Most recently, Mr. Cooper has served as the Company’s Chief Investment Officer from April 2021 until January 2022, Executive Vice President from October 2020 until April 2021 and Senior Managing Director from July 2013 until October 2020. Mr. Cooper has over 35 years of experience in the commercial lending industry and the commercial real estate industry. Mr. Cooper is a graduate of Washington and Lee University and is a member of the National Association of Industrial Office Properties. On January 13, 2022, Bob Cutlip 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.
Item 7.01 | Regulation FD Disclosure. |
On January 13, 2022, the Company issued a press release (the “Press Release”) announcing Mr. Cooper’s promotion and Mr. Cutlip’s retirement. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in Item 7.01 of this Current Report on Form 8-K, as well as Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit |
Exhibit Title | |
99.1 | Press Release dated January 13, 2022 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Gladstone Commercial Corporation (Registrant) | ||||||
January 13, 2022 | By: | /s/ Gary Gerson | ||||
Gary Gerson Chief Financial Officer |
Exhibit 99.1
Gladstone Commercial Corporation Appoints Co-President
MCLEAN, VA, 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 Companys current President, notified the Company that he will be resigning as President of the Company on or about June 30, 2022. Mr. Cutlips 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 Commercials 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 Cooper | EJ Wislar | |
Co-President | Senior Vice President | |
(703) 287-5815 | (703) 462-1027 | |
Buzz.Cooper@gladstonecompanies.com | EJ.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
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