UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 18, 2013
AMERICAN REALTY CAPITAL PROPERTIES, INC.
(Exact name of Registrant as specified in its charter)
Maryland | 001-35263 | 45-2482685 |
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
405 Park Avenue New York, New York 10022 |
(Address, including zip code, of principal executive offices) |
(212) 415-6500 |
Registrant’s telephone number, including area code: |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On November 18, 2013, American Realty Capital Properties, Inc. (“the Company”) issued a press release announcing the appointment of T. Glenn Kindred, Jr. as Executive Vice President of the Company’s Restaurant Division.
Mr. Kindred, 47, held the position of Managing Director at GE Capital from February 2007 through November 2013. Mr. Kindred served as Senior Vice President of Trustreet Properties, Inc. (“Trustreet”), a publicly traded real estate investment trust that specialized in net leased restaurant properties, from its formation in February 2005 until GE Capital acquired Trustreet in February 2007. Mr. Kindred has 15 years’ experience in executive roles in the real estate industry.
A copy of the press release announcing the foregoing is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
99.1 | Press Release dated November 18, 2013 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
AMERICAN REALTY CAPITAL PROPERTIES, INC. | ||
November 18, 2013 | By: /s/ Nicholas S. Schorsch | |
Nicholas S. Schorsch | ||
Chief Executive Officer and Chairman of the Board of Directors (Principal Executive Officer) | ||
FOR IMMEDIATE RELEASE
American Realty Capital Properties Appoints
Glenn Kindred as Executive Vice President of its Restaurants Division
New York, New York, November 18, 2013 -- American Realty Capital Properties, Inc. (“ARCP”) (NASDAQ: ARCP) announced today that it has appointed Glenn Kindred as Executive Vice President of its Restaurants Division. Mr. Kindred will join Nicholas S. Schorsch, Executive Chairman and Chief Executive Officer, Lisa Beeson, Chief Operating Officer, Brian S. Block, Chief Financial Officer, and Lisa Pavelka McAlister, Chief Accounting Officer, as part of ARCP’s self-managed executive team. Joining ARCP from GE Capital, Mr. Kindred will oversee ARCP’s growing portfolio of restaurant and quick service assets.
Prior to joining ARCP, Mr. Kindred held the position of Managing Director of GE Capital’s Property Franchise Real Estate Equity Division, where he helped to integrate the restaurant properties GE Capital acquired as a result of the purchase of Trustreet Properties, Inc. (“Trustreet”), a publicly-traded real estate investment trust that specialized in net leased restaurant properties. Mr. Kindred had been a senior real estate executive of Trustreet before joining GE Capital. In addition, while acting as Senior Vice President at CNL Financial Group, Mr. Kindred played a key role in the reverse merger between U.S. Restaurant Properties, Inc., CNL Restaurant Properties, Inc. and 18 CNL Income Funds that formed Trustreet. Mr. Kindred has 15 years’ experience in executive roles in the real estate industry.
Nicholas S. Schorsch, Executive Chairman and CEO of ARCP, commented, “We are excited to have Glenn on board as we remain on course to complete our self-management initiative by year-end 2013. Glenn’s extensive experience in the restaurant sector, and particularly his intimate knowledge of the very assets that ARCP acquired from GE Capital earlier this year, make him a natural addition to the ARCP executive team.”
Mr. Kindred commented, “Nick and the rest of ARCP’s management team have done a great job assembling one of the premier restaurant real estate portfolios in the industry. I couldn’t be more excited than to join that team with the focus of integrating these acquisitions and creating the premier asset management and acquisitions platform in the market.”
About ARCP
ARCP is a publicly traded Maryland corporation listed on The NASDAQ Global Select Market, focused on acquiring and owning single tenant freestanding commercial properties subject to net leases with high credit quality tenants. Additional information about ARCP can be found on its website at www.arcpreit.com. ARCP may disseminate important information regarding it and its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as “anticipate,” “believe,” “expect” and “intend” indicate a forward-looking statement, although not all forward-looking statements include these words.
Contacts
Anthony J. DeFazio | Brian S. Block, EVP and CFO |
DDCworks | American Realty Capital Properties, Inc. |
tdefazio@ddcworks.com | bblock@arlcap.com |
Ph: (484-342-3600) | Ph: (212-415-6500) |