Cousins Properties Announces Leadership Transition
Cousins Properties is preparing for an important leadership change within its Board of Directors. After an impressive 26 years of dedicated service, Lillian C. Giornelli will retire, marking the end of an era for the company. As one of the stalwart members of Cousins Properties, Lillian's contributions have been pivotal in navigating various challenges and changes in the real estate landscape.
Appointment of Susan L. Givens
In light of Lillian's retirement, Cousins Properties is excited to announce the appointment of Susan L. Givens to its Board of Directors. This move is part of the company's ongoing efforts to enhance its leadership team as it adapts to the evolving market dynamics. Susan's appointment is effective from April 1, 2025, and she will also serve until the annual shareholder meeting in 2025.
Welcoming Susan to the Board
Bob Chapman, non-executive Chairman of Cousins Properties, expressed profound gratitude for Lillian's transformative influence during her tenure. He acknowledged her significant role in guiding the company through two major mergers and expanding into new growth markets across the Sun Belt. Susan, as an independent director, brings a wealth of experience, having held senior positions in the real estate industry.
A Solid Background in Real Estate
Susan comes to Cousins Properties with over 20 years in real estate investment, most recently as a Senior Managing Director at a leading investment firm. Her experience includes serving as CEO and board member of a healthcare REIT, where she played an instrumental role in its success until its acquisition. She has held critical positions in private equity and investment banking, which have solidified her expertise within the sector.
Future Outlook for Cousins Properties
Bob Chapman and Colin Connolly, President and CEO, both anticipate meaningful contributions from Susan. They believe her extensive background with public and private companies will enhance the Board's effectiveness. As the industry continues to evolve, Susan's insights will be valuable in steering Cousins Properties toward sustained growth.
About Cousins Properties
Cousins Properties stands as a fully integrated self-managed real estate investment trust (REIT), focusing primarily on investing in Class A office towers in high-growth markets. Established in 1958, the company has a solid foundation built on development and management of high-quality real estate. Cousins aims to create value for its shareholders by leveraging its vast industry knowledge and strategic investment opportunities.
Commitment to Quality and Growth
The company’s long-standing strategy revolves around acquiring trophy assets and making opportunistic investments that yield positive results. This commitment has positioned Cousins Properties as a formidable player in the real estate market, well-prepared for the future.
Frequently Asked Questions
Who is Lillian C. Giornelli?
Lillian C. Giornelli is a long-serving member of Cousins Properties' Board of Directors, having dedicated 26 years to the company.
What position has Susan L. Givens been appointed to?
Susan L. Givens has been appointed to the Board of Directors of Cousins Properties, effective April 1, 2025.
How long has Lillian been with Cousins Properties?
Lillian Giornelli has been a part of Cousins Properties for 26 years since May 1999.
What is Cousins Properties known for?
Cousins Properties is known for being a self-managed REIT focused on Class A office towers in growth markets, emphasizing high-quality real estate investments.
What roles has Susan had prior to joining Cousins?
Before joining Cousins Properties, Susan Givens held senior positions at various investment firms, including being CEO of a healthcare REIT and managing director roles in private equity.
