8.83
NYSE : LXP
April 22, 2019 Minimum 20 minute delay.
Change
$(0.19) (2.11)%
Volume
459,654
Market Cap ($M)
2,122.25
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Press Release

Lexington Realty Trust Appoints CEO T. Wilson Eglin Chairman

Company Release - 4/2/2019 4:30 PM ET

NEW YORK, April 02, 2019 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that the Board of Trustees appointed T. Wilson Eglin, Chief Executive Officer and President, as Chairman of the Board.  E. Robert Roskind resigned as non-executive Chairman and a Trustee to pursue other interests, effective March 31, 2019.

On behalf of the Board of Trustees, Richard S. Frary, Lexington’s lead independent Trustee, commented, “We thank Robert for his dedicated service since the founding of Lexington and we wish him well in his endeavors. We are pleased to appoint Will as Lexington’s new Chairman and look forward to supporting his strategic vision in leading the company forward.”  

Mr. Eglin, a Trustee since 1994, will continue to maintain his Chief Executive Officer and President roles.

ABOUT LEXINGTON REALTY TRUST

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and acquisitions.  For more information or to follow Lexington on social media, visit www.lxp.com.

Contact:
Investor or Media Inquiries for Lexington Realty Trust:
Heather Gentry, Senior Vice President of Investor Relations
Lexington Realty Trust
Phone: (212) 692-7200 E-mail: hgentry@lxp.com

Source: Lexington Realty Trust