Cousins Chairman Tom Bell retiring - Tampa Bay Business Journal:

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Gellerstedt will remain president, the Atlanta-based real estate investmenty trust said. Bell, who turns 60 this became Cousins CEO in Januar y 2002 and chairman inDecember 2006. Under his the company sold nearly $3 billion in assets duringf the market’s peak for specia dividends totaling $12.62 a share. “Ther is never a perfecy time to leave a company as respecte d and admiredas Cousins, but I’m confident that after seven and a half yeards as chief executive, the company is read y for new leadership and renewed Bell said in a “My decision to step aside now allows our extremely talented management team under the guidanc e of Larry to make importantg decisions that will prepare Cousins for the next phass of the real estate cycle.
” Bell remains deeply involvedf in Atlanta’s civic life. He has been instrumenta in the effort to save from financial The movement began over dinner in earlgy 2007 when the table conversationof A.D. “Pete” Correll, former CEO of , and Bell turne to Grady. Through their leadership and donationsfrom , ’s $5 and . "I thought he had big shoesd to fill when hetook over, sincde he was replacing Tom Cousins," said Hal Barry, foundet of Barry Real Estate Cos. "Sinc then, he's done an absolutely fantastic job for that Andwhat he's done for the city and metr o Atlanta have just been over the top.
I hope he doesn'tt give up some of his efforts that have meanr so much to the Atlanta I just admire the heck outof Gellerstedt, 53, came to Cousins (NYSE: CUZ) when the REIT boughtf his firm, , in June 2005. Gellerstedt serve as chairman and chief executive officer of the from 1986to 1998. In after the sale of Beers to , he was elected chairman and CEOof , a packaginv and printed office products company. In Gellerstedt became president and chief operating officerof , an urbab mixed-use development company. He went on to found The Gellerstedg Groupin 2003. In other company Cousins’ board of directors name S. Taylor Glover non-executive chairman of the board.
Glovet joined the Cousins board inFebruaryy 2005. He is currentlty the president and chief executive officerof