FCPT Announces Eric S. Hirschhorn Has Resigned From Its Board of Directors
October 20 2022 - 7:20PM
Business Wire
Four Corners Property Trust (NYSE: FCPT), a real estate
investment trust (REIT) primarily engaged in the ownership and
acquisition of high-quality, net-leased restaurant and retail
properties (“FCPT” or the “Company”), announced today that Eric S.
Hirschhorn has resigned from his role as an independent director of
the Company’s Board of Directors (“Board”) to focus on other
business endeavors.
FCPT and the entire Board would like to thank Mr. Hirschhorn for
his services and contributions and wish him well in his future
endeavors.
“For nearly the past five years, Eric has been a valued member
of the Board, joining the Board at a critical juncture for the
Company and serving as both a member of our Investment Committee
and Compensation Committee. I would like to express my gratitude to
Eric for his valuable insights, guidance, and assistance in the
growth of FCPT,” said Bill Lenehan, member of the Board and CEO of
FCPT.
“It has been a wonderful experience to serve on the FCPT Board
over the last five years watching the portfolio grow, including its
first growth outside of the restaurant real estate space,
increasing the size of the Mill Valley team substantially, and
navigating the business through COVID. I look forward to watching
the Company’s continued success,” said Mr. Hirschhorn.
About FCPT:
FCPT, headquartered in Mill Valley, CA, is a real estate
investment trust primarily engaged in the ownership, acquisition
and leasing of restaurant and retail properties. The Company seeks
to grow its portfolio by acquiring additional real estate to lease,
on a net basis, for use in the restaurant and retail industries.
Additional information about FCPT can be found on the website at
www.fcpt.com.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements include all statements that are not historical
statements of fact and those regarding the Company’s intent, belief
or expectations, including, but not limited to, statements
regarding: operating and financial performance, announced
transactions, expectations regarding the making of distributions
and the payment of dividends, and the effect of pandemics such as
COVID-19 on the business operations of the Company and the
Company’s tenants and their continued ability to pay rent in a
timely manner or at all. Words such as “anticipate(s),”
“expect(s),” “intend(s),” “plan(s),” “believe(s),” “may,” “will,”
“would,” “could,” “should,” “seek(s)” and similar expressions, or
the negative of these terms, are intended to identify such
forward-looking statements. Forward-looking statements speak only
as of the date on which such statements are made and, except in the
normal course of the Company’s public disclosure obligations, the
Company expressly disclaims any obligation to publicly release any
updates or revisions to any forward-looking statements to reflect
any change in the Company’s expectations or any change in events,
conditions or circumstances on which any statement is based.
Forward-looking statements are based on management’s current
expectations and beliefs and the Company can give no assurance that
its expectations or the events described will occur as described.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from those set forth in or implied by such forward-looking
statements. In addition, the extent to which COVID-19 impacts the
Company and its tenants will depend on future developments, which
are highly uncertain and cannot be predicted with confidence,
including the scope, severity and duration of the pandemic, the
actions taken to contain the pandemic or mitigate its impact and
the direct and indirect economic effects of the pandemic and
containment measures, among others. For a further discussion of
these and other factors that could cause the company’s future
results to differ materially from any forward-looking statements,
see the section entitled “Risk Factors” in the company’s most
recent annual report on Form 10-K, and other risks described in
documents subsequently filed by the company from time to time with
the Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20221020006142/en/
FCPT Bill Lenehan, 415-965-8031
CEO
Gerry Morgan, 415-965-8032 CFO
Four Corners Property (NYSE:FCPT)
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