Global Net Lease Board to Drop Two Directors After 11- and 14-Year Tenures
Global Net Lease announced that board directors Sue Perrotty and Governor Edward Rendell will retire following the 2026 Annual Meeting after 11 and 14 years of service, respectively. The board will shrink to eight members if all eight nominees are elected, streamlining governance.
1. Retirement Announcement
Global Net Lease announced Sue Perrotty and Governor Edward Rendell will retire from the board effective after the 2026 Annual Meeting, ending their 11 and 14 years of service guiding the company through the 2023 merger and internalization.
2. Board Composition Change
Following these retirements, if all eight nominated directors are elected at the Annual Meeting, the board will consist of eight members, reducing total seats and streamlining oversight.
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