Cousins Adds Charlesworth to Board of Directors
December 10 2009 - 9:00AM
Business Wire
Cousins Properties Incorporated (NYSE: CUZ) announced today that
Tom G. Charlesworth, 60, has been elected to the Board of
Directors. Mr. Charlesworth is the Company’s former executive vice
president and chief investment officer, having retired from the
Company in 2006. During his 15-year tenure at Cousins, Mr.
Charlesworth held several senior management positions at the
Company, including chief financial officer and general counsel.
“Tom Charlesworth has been an integral contributor to the growth
of Cousins over the years. We are thankful he has agreed to come
out of retirement to serve on the Board,” noted Larry Gellerstedt,
President and CEO of Cousins.
Cousins Properties Incorporated is a leading diversified real
estate company with extensive experience in development,
acquisition, financing, management and leasing. Based in Atlanta,
the Company actively invests in office, multi-family, retail, and
land development projects. Since its founding in 1958, Cousins has
developed 20 million square feet of office space, 20 million square
feet of retail space, more than 3,500 multi-family units and more
than 60 single-family neighborhoods. The Company is a fully
integrated equity real estate investment trust (REIT) and trades on
the New York Stock Exchange under the symbol CUZ. For more, please
visit www.cousinsproperties.com.
Certain matters discussed in this news release are
forward-looking statements within the meaning of the federal
securities laws and are subject to uncertainties and risk. These
include, but are not limited to, general and local economic
conditions (including the current general recession and state of
the credit markets), local real estate conditions (including the
overall condition of the residential and condominium markets), the
activity of others developing competitive projects, the risks
associated with development projects (such as delay, cost overruns
and leasing/sales risk of new properties), the cyclical nature of
the real estate industry, the financial condition of existing
tenants, interest rates, the Company’s ability to obtain favorable
financing or zoning, environmental matters, the effects of
terrorism, the ability of the Company to close properties under
contract and other risks detailed from time to time in the
Company’s filings with the Securities and Exchange Commission,
including those described in Part I, Item 1A of the Company’s
Annual Report on Form 10-K for the year ended December 31, 2008 and
the Company’s Current Report on Form 8-K filed on September 14,
2009. The words “believes,” “expects,” “anticipates,” “estimates”
and similar expressions are intended to identify forward-looking
statements. Although the Company believes that its plans,
intentions and expectations reflected in any forward-looking
statement are reasonable, the Company can give no assurance that
these plans, intentions or expectations will be achieved. Such
forward-looking statements are based on current expectations and
speak as of the date of such statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of future events, new information or
otherwise.
Cousins Properties (NYSE:CUZ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cousins Properties (NYSE:CUZ)
Historical Stock Chart
From Jul 2023 to Jul 2024