ATLANTA--(BUSINESS WIRE)--
Cousins Properties Incorporated (NYSE: CUZ) announced today that R. Dary
Stone has been elected to the Board of Directors of the Company,
effective March 2, 2011, transitioning from his executive
responsibilities as Vice Chairman.
As Vice Chairman of the Company, Mr. Stone focused on maintaining and
growing the Company’s strategic relationships as well as sourcing new
business opportunities. Mr. Stone joined Cousins in 1999 when the
Company acquired Faison-Stone, and later served as President and Chief
Operating Officer of the Company from 2001-2002.
Larry Gellerstedt, President and Chief Executive Officer of Cousins,
noted, “We thank Dary for his many contributions to Cousins and look
forward to his continued leadership in developing strategic
relationships and new business opportunities as a member of the Board of
Directors.”
About Cousins Properties
Cousins Properties Incorporated is a leading diversified real estate
company with extensive experience in development, acquisition,
financing, management and leasing. Based in Atlanta, the Company
actively invests in office and retail development projects. Since its
founding in 1958, Cousins has developed 20 million square feet of office
space, 20 million square feet of retail space, more than 3,500
multi-family units and more than 60 single-family neighborhoods. The
Company is a fully integrated equity real estate investment trust (REIT)
and trades on the New York Stock Exchange under the symbol CUZ. For
more, please visit www.cousinsproperties.com.
Certain matters discussed in this press release are forward-looking
statements within the meaning of the federal securities laws and are
subject to uncertainties and risk and actual results may differ
materially from projections. Readers should carefully review Cousins’
financial statements and notes thereto, as well as the risk factors
described in Part I, Item 1A of the Company’s Annual Report on Form 10-K
for the year ended December 31, 2009 and other documents Cousins files
from time to time with the Securities and Exchange Commission. Such
forward-looking statements are based on current expectations and speak
as of the date of such statements. The Company undertakes no obligation
to publicly update or revise any forward-looking statement, whether as a
result of future events, new information or otherwise.
Source: Cousins Properties Incorporated
Contact:
Cousins Properties Incorporated
Cameron Golden, 404-407-1984
Director
of Investor Relations and Corporate Communications
camerongolden@cousinsproperties.com
www.cousinsproperties.com