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| Pamela K. M. Beall |
ORLANDO, FL /PRNewswire/
-- National Retail Properties, Inc. (NYSE: NNN), a real estate investment
trust, today announced that Pamela K. M.
Beall and Steven D. Cosler were
appointed to the Board of Directors.
"We are excited to
add Pam and Steve to our Board. Pam's
financial expertise and Steve's extensive management experience will make each
of them an excellent addition.
They both
bring a broad depth of business skill and prior board experience that will
complement our other directors," said Craig
Macnab, Chairman and Chief Executive Officer.
Ms. Beall has an extensive
background in finance and corporate risk.
She is Executive Vice President Corporate Planning and Strategy of MPLX
LP and is a director on the board of its general partner, MPLX GP LLC., a
subsidiary of Marathon Petroleum Corporation (MPC), which is a Fortune 50
public company.
MPLX LP, a publicly traded master limited
partnership, is one of the largest petroleum pipeline companies and natural gas
processors in the United States.
Previously, she held the positions of Senior Vice President of Corporate
Planning, Government and Public Affairs of MPC and President of MPLX.
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| Steven D. Cosler |
Ms. Beall currently serves on the board of
trustees of the University of Findlay, and as a member of the executive, audit,
business affairs and capital campaign committees.
Ms. Beall received a
Bachelor of Science, Accounting degree from the University of Findlay, and a
Master of Business Administration from Bowling Green State University, and is a
non-practicing Certified Public Accountant.
Mr. Cosler has a
wide-ranging executive management background.
He is an Operating Partner with Water Street Healthcare Partners, a
private equity firm focused exclusively on the healthcare industry.
Prior to Water Street, Mr. Cosler was
President and Chief Executive Officer of Priority Healthcare Corporation, a
Fortune 1000 company that distributed and managed biopharmaceutical therapies
until its acquisition by Express Scripts.
He also held executive positions with
CoreSource, Inc., one of the nation's largest healthcare administrators and
achieved a distinguished career at IBM Corporation. Mr. Cosler currently serves as a director on
four Water Street portfolio company boards, including New Century Health where
he serves as Chairman.
He also served as lead director of Catamaran
Corporation, one of the largest pharmacy benefit managers in the healthcare
industry until its acquisition by United Healthcare in July, 2015.
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| Craig Macnab |
Among his civic contributions, Mr. Cosler
co-founded and serves as the Chairman of Elevate Indianapolis, a non-profit
organization focused on advancing urban youth.
He received a Bachelor's degree in Industrial Management from Purdue
University.
National Retail Properties
invests primarily in high-quality retail properties subject generally to
long-term, net leases.
As of June 30,
2016, the company owned 2,452 properties in 48 states with a gross leasable
area of approximately 26.3 million square feet and a weighted average remaining
lease term of 11.4 years.
For a complete copy of the company’s news release,
please contact:
