Realty Income Board Changes with Veteran Director’s Retirement and New Appointment

Realty Income (O) has released an update.

Realty Income Corporation is experiencing a change in its Board of Directors, with Ronald L. Merriman announcing his retirement and not seeking reelection, though he will continue to serve until his term ends. Simultaneously, the Board has appointed Jeff A. Jacobson, a seasoned real estate investment professional and former Global CEO of LaSalle Investment Management, as a new independent director. Jacobson brings over three decades of experience across various markets and strategies and will receive an annual fee along with restricted stock incentives for his board service.

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