UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): February 6, 2012
NATIONAL RETAIL PROPERTIES, INC.
(Exact name of registrant as specified in its charter)
Maryland | 001-11290 | 56-1431377 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
450 South Orange Avenue Suite 900 Orlando, Florida |
32801 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code (407) 265-7348
Not applicable
(Former name or former address, if changed since last report.)
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 (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 6, 2012, the Board of Directors (the Board) of National Retail Properties, Inc. (the Company) appointed, pursuant to the recommendation of the Governance and Nominating Committee, Edward J. Fritsch to the Board of the Company, effective February 9, 2012. Mr. Fritsch, 53, is President, Chief Executive Officer and Director of Highwoods Properties, Inc. (Highwoods), a real estate investment trust publicly traded on the New York Stock Exchange. Joining Highwoods in 1982, Mr. Fritsch was a partner in the predecessor firm that launched Highwoods initial public offering in 1994. In 2004, Mr. Fritsch assumed the role of Chief Executive Officer. He is a member of the National Association of Real Estate Investment Trusts (NAREIT) Board of Governors and serves on its Executive Committee; Director and immediate past President of the YMCA of the Triangle; Director and audit committee member of Capital Associated Industries, Inc.; member of Wells Fargos Central Regional Advisory Board; steering committee member of Raleigh Diocesan Cathedral Campus Project; member of the University of North Carolina at Chapel Hill Foundation Board; Director of the University of North Carolina at Chapel Hill Real Estate Holdings; Ravenscroft Board of Trustees and past Chair of the University of North Carolina Board of Visitors. Mr. Fritsch received an undergraduate degree in Business Administration from the University of North Carolina at Chapel Hill.
The Board is expected to appoint Mr. Fritsch to serve on the Audit Committee and Compensation Committee.
Mr. Fritsch was awarded $32,500 in stock at the effective date of his appointment to the Board. No other plan, contract or other arrangement was entered into at the time of his appointment.
Item 7.01. Regulation FD Disclosure.
On February 9, 2012, the Company issued a press release announcing the appointment of Mr. Fritsch described above in Item 5.02. The press release is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 (Exchange Act) or otherwise subject to the liabilities of such section, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits. |
99.1 | Press Release, dated February 9, 2012 |
SIGNATURE
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.
NATIONAL RETAIL PROPERTIES, INC. | ||
By: | /s/ Kevin B. Habicht | |
Name: | Kevin B. Habicht | |
Title: | Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer |
Dated: February 9, 2012
Exhibit 99.1
NEWS RELEASE
For information contact:
Kevin B. Habicht
Chief Financial Officer
(407) 265-7348
FOR IMMEDIATE RELEASE
February 9, 2012
ED FRITSCH APPOINTED TO BOARD OF DIRECTORS
OF NATIONAL RETAIL PROPERTIES, INC.
Orlando, Florida, February 9, 2012 - National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that its Board of Directors appointed Ed Fritsch as a member of the companys board.
Mr. Fritsch is President, Chief Executive Officer and Director of Highwoods Properties, a real estate investment trust based in Raleigh, North Carolina.
We are pleased to add a director of the caliber of Ed Fritsch, said Craig Macnab, Chairman and Chief Executive Officer. Eds extensive real estate and REIT expertise combined with his integrity and professional reputation will be a constructive addition to NNN.
Mr. Fritsch is a member of the National Association of Real Estate Investment Trusts (NAREIT) Board of Governors and serves on its Executive Committee; Director and immediate past President of the YMCA of the Triangle; Director and audit committee member of Capital Associated Industries, Inc.; member of Wells Fargos Central Regional Advisory Board; steering committee member of Raleigh Diocesan Cathedral Campus Project; member of the University of North Carolina at Chapel Hill Foundation Board; Director of the University of North Carolina at Chapel Hill Real Estate Holdings; Ravenscroft Board of Trustees and Past Chair of the University of North Carolina Board of Visitors. He earned an undergraduate degree in Business Administration from the University of North Carolina at Chapel Hill.
450 S. Orange Ave., Suite 900 | Orlando, FL 32801 (800) NNN-REIT | www.nnnreit.com |
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National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of December 31, 2011, the company owned 1,422 properties in 47 states with a gross leasable area of approximately 16.4 million square feet. For more information on the company, visit www.nnnreit.com.
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