– USA, CA – Realty Income Corporation (NYSE: O), The Monthly Dividend Company, today announced the appointment of Jeff Jacobson to its Board of Directors, effective February 21, 2024.
“I am excited to announce Jeff’s addition to our Board. This appointment represents Realty Income’s commitment to maintaining a Board with skills that are relevant to our growing business. Jeff’s global real estate expertise will be invaluable as Realty Income continues to expand its footprint as a real estate partner to the world’s leading companies,” said Board Chairman, Mike McKee.
The corporation also announced that Ron Merriman will retire from the Board at the 2024 AGM.
About Jeff A. Jacobson
Jeff Jacobson is a retired Global CEO of LaSalle Investment Management, the real estate investment arm of Jones Lang LaSalle Inc. serving in the role from 2007 to 2021. Before this, he served as LaSalle’s European CEO from 2000 to 2006. Previously, Mr. Jacobson served in various leadership positions with LaSalle and Security Capital Group, Inc., a real estate holding company. Mr. Jacobson has over 35 years of real estate investment experience. Specifically, during his tenure at LaSalle, he sat on three regional investment committees in North America, Europe, and Asia. He has investment expertise in a variety of geographic markets, asset sectors, investment structures, and risk-return strategies. He currently serves as Chairman of the Board of Cadillac Fairview Corporation, which he joined in 2022. Cadillac Fairview is an owner, operator, investor, and developer of office, retail, multi-family residential, industrial, and mixed-use properties in North America and is wholly owned by the Ontario Teachers’ Pension Plan. Mr. Jacobson is also a Senior Adviser to The Vistria Group, a private investment firm focused on investing in essential industries such as healthcare, financial services, and housing.
Mr. Jacobson holds both a Bachelor of Arts degree in economics and a Master of Arts degree from the Food Research Institute at Stanford University.
About Realty Income
Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 13,250 real estate properties primarily owned under long-term net lease agreements with commercial clients. To date, the company has declared 644 consecutive common stock monthly dividends throughout its 55-year operating history and increased the dividend 123 times since Realty Income’s public listing in 1994).
SOURCE: https://www.realtyincome.com
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