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Stock impact report

Franklin Street Properties Corp. Appoints Bruce J. Schanzer to Board of Directors and Enters into Cooperation Agreement with Converium Capital Inc. and Erez Asset Management LLC [Yahoo! Fi...

Franklin Street Properties Corp. (FSP) 
NASDAQ:AMEX Investor Relations: franklinstreetproperties.com
Company Research Source: Yahoo! Finance
Schanzer will join the Company's Board of Directors (the "Board"), effective November 27, 2024. In addition, effective November 27, 2024, the Board will appoint Mr. Schanzer to serve as a member of the Audit Committee. With the addition of Mr. Schanzer to the Board, effective November 27, 2024, the Board will be comprised of eight directors, seven of whom are independent. George J. Carter, Chairman and Chief Executive Officer, commented, "We welcome Bruce to the Board and appreciate the collaborative engagement we have had with Converium Capital and Erez Asset Management, both of which are significant FSP shareholders. Bruce has a long REIT and investment banking pedigree. This appointment is another step in refreshing our Board to ensure that we have diverse perspectives and skills to guide FSP's future success for the benefit of all stakeholders." "We appreciate our constructive engagement with the FSP Board and its management team," said Michael Rapps, Managing Partner, Converi Show less Read more
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