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Four Corners Property Trust (FCPT) has issued an announcement.
Four Corners Property Trust, Inc. has appointed Patrick Wernig as their new Chief Financial Officer and Treasurer, taking over from Gerald R. Morgan, who will now serve as an Advisor. Wernig brings experience from his previous role as Managing Director of Acquisitions at the company and his tenure in investment banking at JPMorgan Chase. His new compensation package includes a $420,000 base salary, performance-related bonuses, and equity awards, alongside a one-time grant of restricted stock units valued at $300,000. Wernig’s appointment is part of a seamless transition, with no disclosed conflicts of interest.
See more insights into FCPT stock on TipRanks’ Stock Analysis page.