Cousins Chairman Tom Bell retiring - Tampa Bay Business Journal:

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Gellerstedt will remain the Atlanta-based real estate investment trust Bell, who turns 60 this year, became Cousins CEO in Januaryu 2002 and chairman inDecember 2006. Under his watch, the compan sold nearly $3 billio n in assets during the market’s peak for speciaol dividends totaling $12.62 a share. “Therew is never a perfect time to leav e a company as respected and admired as but I’m confident that after seveb and a half years as chieff executive, the company is readyh for new leadership and renewed energy,” Bell said in a statement.
“My decision to step aside now allows our extremelu talented management team under the guidance of Larrhy to make important decisions that will prepare Cousinx for the next phase of the realestate cycle.” Bell remains deeply involvee in Atlanta’s civic life. He has been instrumental in the effor to save fromfinancial ruin. The movemen t began over dinner in early 2007 when the tabl conversationof A.D. “Pete” Correll, former CEO of , and Bell turnes to Grady. Through their leadership and donations from , ’s $5 million, and .
"k thought he had big shoess to fill when hetook over, sincw he was replacing Tom Cousins," said Hal Barry, foundetr of Barry Real Estate Cos. "Since then, he's done an absolutelh fantastic job forthat company. And what he'sw done for the city and metrok Atlanta have just been overthe top. I hope he doesn' give up some of his effortw that have meant so much to theAtlantq community. I just admire the heck out of him." 53, came to Cousins (NYSE: CUZ) when the REIT boughrt his firm, , in June 2005. Gellerstedt serve as chairman and chief executivre officer of the from 1986to 1998.
In 1998, aftefr the sale of Beers to , he was electe chairman and CEOof , a packaging and printed office products In 2000, Gellerstedt became president and chiefc operating officer of , an urban mixed-usre development company. He went on to found The Gellerstedt Grouopin 2003. In other company Cousins’ board of directors named S. Taylor Glover non-executive chairman of the board. Glover joinecd the Cousins board inFebruary 2005.
He is currentlyg the president and chief executive officerof