Cousins Chairman Tom Bell retiring - The Business Review (Albany):

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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 January 2002 and chairma inDecember 2006. Under his watch, the company sold nearly $3 billion in assets during the market’s peak for special dividendas totaling $12.62 a share. “Therew is never a perfect time to leavd a company as respected and admiredas Cousins, but I’j confident that after seven and a half years as chiefv executive, the company is readty for new leadership and renewed energy,” Bell said in a “My decision to step aside now allowsw our extremely talented management team under the guidancse of Larry to make important decisionsx that will prepare Cousins for the next phase of the real estatde cycle.
” Bell remains deeply involved in Atlanta’s civif life. He has been instrumentak in the effort to save from financial The movement began over dinner in early 2007 when the tabls conversationof A.D. “Pete” Correll, formet CEO of , and Bell turnee to Grady. Through their leadership and donationsefrom , ’s $5 million, and . " thought he had big shoes to fill when he took since he was replacingTom Cousins," said Hal Barry, foundetr of Barry Real Estate Cos. "Since then, he's done an absolutelg fantastic job forthat company. And what he's done for the city and metrop Atlanta have just been overthe top.
I hope he doesn'tt give up some of his efforts that have meanf so much to theAtlanta community. I just admir e the heck out of him." 53, came to Cousins CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairman and chieg executive officer of the from 1986to 1998. In after the sale of Beers to , he was electef chairman and CEOof , a packaging and printedx office products company. In 2000, Gellerstedr became president and chie f operating officerof , an urban mixed-usee development company. He went on to found The Gellerstedt Groupin 2003. In otherr company news, Cousins’ board of directors named S. Taylorf Glover non-executive chairman of the board.
Glover joined the Cousins boar d inFebruary 2005. He is currently the presidentf and chief executive officerof