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Global Net Lease (NYSE:GNL) Enters into New Employment Agreement with CEO, Edward M. Weil, Jr.


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Published in Sports and Competition on Sunday, November 24th 2024 at 15:11 GMT by Terrence Williams   Print publication without navigation

  • Global Net Lease, Inc. (NYSE:GNL) recently announced that on November 21, 2024, it entered into an employment agreement with its Chief Executive Officer and President, Edward M. Weil, Jr. The agreement,

Global Net Lease, Inc. (NYSE:GNL) has recently entered into a new employment agreement with its CEO, Edward M. Weil, Jr., extending his tenure with the company until December 31, 2027. This agreement, effective from November 24, 2024, includes a base salary of $850,000 annually, with potential for annual increases, and a performance-based bonus that could reach up to 200% of his base salary. Additionally, Weil will receive equity awards, benefits, and severance provisions. The move is seen as a strategic decision to ensure leadership stability and continuity as the company navigates through its growth phase and market challenges.

Read the Full ETF Daily News Article at [ https://www.etfdailynews.com/2024/11/24/global-net-lease-nysegnl-enters-into-new-employment-agreement-with-ceo-edward-m-weil-jr/ ]

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