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Broadstone Net Lease Appoints New Directors for 2025

Story Highlights
  • Shekar Narasimhan and Denise Brooks-Williams will step down as directors in 2025.
  • Richard Imperiale and Joseph Saffire appointed to the board, enhancing the company’s REIT expertise.
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Broadstone Net Lease Appoints New Directors for 2025

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Broadstone Net Lease ( (BNL) ) has shared an announcement.

On February 13, 2025, Broadstone Net Lease, Inc. announced that Shekar Narasimhan and Denise Brooks-Williams would not stand for re-election as directors, ending their terms at the 2025 Annual Meeting. The board, effective the same day, appointed Richard Imperiale and Joseph Saffire as new directors, bringing substantial experience in the REIT industry. These changes mark a strategic evolution for the company as it continues to implement its differentiated investment strategy and build long-term stockholder value.

More about Broadstone Net Lease

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust (REIT) that primarily invests in single-tenant commercial real estate properties net leased on a long-term basis. Their portfolio includes a wide range of properties across the industrial, restaurant, retail, healthcare, and office sectors in the United States and Canada.

YTD Price Performance: -2.17%

Average Trading Volume: 1,074,550

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.89B

For an in-depth examination of BNL stock, go to TipRanks’ Stock Analysis page.

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