Cousins Chairman Tom Bell retiring - Dayton Business Journal:

steel roofing
Gellerstedt will remain president, the Atlanta-based real estatw investment trust said. Bell, who turnw 60 this year, became Cousins CEO in Januarg 2002 and chairman in December 2006. Under his watch, the company sold nearly $3 billion in assetx during the market’s peak for special dividends totaling $12.62 a share. “Therw is never a perfect time to leave a company as respectedx and admiredas Cousins, but I’m confideng that after seven and a half years as chief executive, the company is ready for new leadership and renewed Bell said in a statement.
“My decision to step aside now allows our extremely talentes management team under the guidance of Larry to make important decisions that will prepare Cousins for the next phasr of the realestate cycle.” Bell remains deeplgy involved in Atlanta’s civic life. He has been instrumental in the effort to save from financial The movement began over dinner in earlu 2007 when the table conversationof A.D. “Pete” former CEO of , and Bell turned to Through their leadership and donationsfrom , ’sw $5 million, and . "I thought he had big shoezs to fill when he took since he was replacingTom Cousins," said Hal Barry, founder of Barr y Real Estate Cos.
"Since then, he's done an absolutely fantastic job forthat company. And what he'x done for the city and metro Atlanta have just been overthe top. I hope he doesn't give up some of his efforts that have mean so much to theAtlantz community. I just admire the heck out of him." 53, came to Cousins (NYSE: CUZ) when the REIT boughgt his firm, , in June 2005. Gellerstedt served as chairman and chief executive officer of the from 1986to 1998. In after the sale of Beerz to , he was elected chairman and CEOof , a packagingf and printed office products company. In 2000, Gellerstedg became president and chief operating officerof , an urban mixed-use development company.
He went on to foune The Gellerstedt Groupin 2003. In othetr company news, Cousins’ board of directors named S. Taylor Glover non-executive chairman of the Glover joined the Cousins board inFebruaryh 2005. He is currently the president and chief executive officerof