CEO and CFO of American Strategic to resign upon GNL-RTL merger close; successors suggested

American Strategic Investment Co.

Edward M. Weil Jr. (CEO, Exec Chairman, President) and Christopher Masterson (CFO, Treasurer) intend to resign if GNL-RTL merger and internalization close.
AR Global recommends Michael Anderson as CEO/President and Joseph Marnikovic as CFO; board has not yet designated successors.
Weil and Masterson will take Co-CEO and CFO roles at combined GNL/RTL post-merger; Weil to become sole CEO in April 2024.
Merger expected to close Q3 2023, subject to stockholder approvals of GNL and RTL.
If merger does not close, Weil and Masterson stated they will stay in current American Strategic roles.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Edward M. Weil Jr.

Chief Executive Officer, President and Executive Chairman

NYC · American Strategic Investment Co.

Filed: May 30, 2023, 7:59 PM ET

Mr. Weil intends to resign from his role as Executive Chairman, Chief Executive Officer, and President of the Company

Departed

Christopher Masterson

Chief Financial Officer and Treasurer

NYC · American Strategic Investment Co.

Filed: May 30, 2023, 7:59 PM ET

Mr. Masterson intends to resign from his role as Chief Financial Officer and Treasurer of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward M. Weil Jr. departed as Chief Executive Officer, President and Executive Chairman at American Strategic Investment Co..

Action: resign
Role: Chief Executive Officer, President and Executive Chairman

Exact text from the filing

Mr. Weil intends to resign from his role as Executive Chairman, Chief Executive Officer, and President of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Masterson departed as Chief Financial Officer and Treasurer at American Strategic Investment Co..

Action: resign
Role: Chief Financial Officer and Treasurer

Exact text from the filing

Mr. Masterson intends to resign from his role as Chief Financial Officer and Treasurer of the Company

View on SEC.gov

American Strategic Investment Co. filing history →

Source: SEC EDGAR

accession 0001104659-23-066185

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.