---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-033016"
form_type: "8-K"
ticker: "GNL"
cik: "0001526113"
company_name: "Global Net Lease, Inc."
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-04T23:46:49.492715+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Co-CEO James L. Nelson resigns effective March 31, 2024; Edward M. Weil becomes sole CEO

## Summary
- Nelson resigns as President, Co-CEO and director; Weil continues as sole CEO.
- 16,687 unvested restricted shares accelerated and fully vested on March 31, 2024.
- Nelson receives base salary through April 12, 2024; unused vacation payout of $660,086.
- D&O insurance maintained for six years; Nelson agrees to vote shares as Board recommends for three years.
- Resignation not the result of any disagreement with the Company's operations, policies or practices.

## SEC filing metadata
- accession: 0001104659-24-033016
- form_type: 8-K
- ticker: GNL
- cik: 0001526113
- company_name: Global Net Lease, Inc.
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1526113/000110465924033016/0001104659-24-033016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1526113/000110465924033016/tm248475d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-033016
- JSON: https://secwatch.observer/filing/0001104659-24-033016.json
- Plain text: https://secwatch.observer/filing/0001104659-24-033016.txt

## Key facts
- Executive change
  James L. Nelson resigned as President and Co-Chief Executive Officer at Global Net Lease, Inc..
  - Action: resigned
  - Role: President and Co-Chief Executive Officer
  source text: James L. Nelson, a member of the board of directors of Global Net Lease, Inc. (the “Company”) and the Company’s President and Co-Chief Executive Officer, notified the Company that he will resign from his position as President and Co-Chief Executive Officer, effective March 31, 2024,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1526113/000110465924033016/0001104659-24-033016-index.htm
- Executive change
  Edward M. Weil, Jr. changed role as Chief Executive Officer at Global Net Lease, Inc..
  - Action: will continue as
  - Role: Chief Executive Officer
  source text: Edward M. Weil, Jr., the Company’s other Co-Chief Executive Officer, will continue as the Company’s sole Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1526113/000110465924033016/0001104659-24-033016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.