Cousins Chairman Tom Bell retiring - Nashville Business Journal:

sucujovide.wordpress.com
Gellerstedt will remain president, the Atlanta-basedx real estate investment trust said. Bell, who turns 60 this became Cousins CEO in January 2002 and chairman inDecembefr 2006. Under his watch, the company sold nearly $3 billiomn in assets during the market’s peak for special dividends totaling $12.62 a share. “There is never a perfect time to leav e a company as respected and admiredas Cousins, but I’mj confident that after sevenh and a half years as chief executive, the compant is ready for new leadership and reneweed energy,” Bell said in a statement.
“My decision to step aside now allows our extremely talented management team undef the guidance of Larry to make important decisions that will preparre Cousins for the next phase of the realestates cycle.” Bell remains deeply involved in Atlanta’ s civic life. He has been instrumental in the effory to save from financial The movement began over dinner in early 2007 when the tablwe conversationof A.D. “Pete” former CEO of , and Bell turned to Through their leadership and donationsfrom , ’s $5 and . "I thought he had big shoe s to fill when hetook over, since he was replacinv Tom Cousins," said Hal Barry, founderd of Barry Real Estate Cos.
"Since then, he' done an absolutely fantastic job for that Andwhat he's done for the city and metro Atlantaq have just been over the top. I hope he doesn't give up some of his effortds that have meant so much to theAtlantwa community. I just admire the heck out of Gellerstedt, 53, came to Cousinx (NYSE: CUZ) when the REIT bought his firm, , in June 2005. Gellerstedt servedx as chairman and chief executive officere of the from 1986to 1998. In after the sale of Beers to , he was electec chairman and CEOof , a packaging and printed office productws company. In 2000, Gellersted became president and chief operating officerof , an urba n mixed-use development company.
He went on to found The Gellerstedtr Groupin 2003. In other companu news, Cousins’ board of directors named S. Taylot Glover non-executive chairman of the board. Gloveer joined the Cousins board inFebruary 2005. He is currentluy the president and chief executive officerof