BNL adds two REIT-experienced directors; two long-time directors to step down at May 2025 meeting
Broadstone Net Lease, Inc.
Richard Imperiale (Uniplan CIO, REIT manager since 1988) and Joseph Saffire (former Life Storage CEO) appointed effective Feb 13, 2025.
Shekar Narasimhan (board since 2007) and Denise Brooks-Williams (since 2021) not standing for re-election at the 2025 annual meeting; no disagreements.
Brooks-Williams departure follows promotion to COO of Henry Ford Health; Narasimhan was key in BNL internalization and IPO preparation.
Board increased from 9 to 11 for new appointments, will return to 9 after the annual meeting.
On February 13, 2025, each of Denise Brooks-Williams and Shekar Narasimhan informed Broadstone Net Lease, Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) that they would not stand for re-election as directors of the Company and that the decision not to stand for re-election did not involve any disagreement with the Company.
On February 13, 2025, each of Denise Brooks-Williams and Shekar Narasimhan informed Broadstone Net Lease, Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) that they would not stand for re-election as directors of the Company and that the decision not to stand for re-election did not involve any disagreement with the Company.
On February 13, 2025, the Board appointed Richard Imperiale and Joseph Saffire as directors of the Company, effective as of the same day, to serve until the 2025 Annual Meeting.
On February 13, 2025, the Board appointed Richard Imperiale and Joseph Saffire as directors of the Company, effective as of the same day, to serve until the 2025 Annual Meeting.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Denise Brooks-Williams departed as Director at Broadstone Net Lease, Inc..
Action
not stand for re-election
Role
Director
Exact text from the filing
On February 13, 2025, each of Denise Brooks-Williams and Shekar Narasimhan informed Broadstone Net Lease, Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) that they would not stand for re-election as directors of the Company and that the decision not to stand for re-election did not involve any disagreement with the Company.
Shekar Narasimhan departed as Director at Broadstone Net Lease, Inc..
Action
not stand for re-election
Role
Director
Exact text from the filing
On February 13, 2025, each of Denise Brooks-Williams and Shekar Narasimhan informed Broadstone Net Lease, Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) that they would not stand for re-election as directors of the Company and that the decision not to stand for re-election did not involve any disagreement with the Company.
Richard Imperiale was appointed as Director at Broadstone Net Lease, Inc..
Action
appointed
Role
Director
Exact text from the filing
On February 13, 2025, the Board appointed Richard Imperiale and Joseph Saffire as directors of the Company, effective as of the same day, to serve until the 2025 Annual Meeting.
Joseph Saffire was appointed as Director at Broadstone Net Lease, Inc..
Action
appointed
Role
Director
Exact text from the filing
On February 13, 2025, the Board appointed Richard Imperiale and Joseph Saffire as directors of the Company, effective as of the same day, to serve until the 2025 Annual Meeting.
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