Getty Realty Corp. Announces Management Transition

Rhea-AI Summary

Getty Realty Corp (NYSE: GTY)/b) announced a management transition on January 20, 2026: , Executive Vice President, Chief Investment Officer and Chief Operating Officer, will retire effective February 27, 2026. Robert J. (RJ) Ryan, Senior Vice President of Acquisitions, is promoted to Chief Investment Officer; the Chief Operating Officer role will not be backfilled. Until his retirement, Olear will continue in his roles and will work with Ryan on an orderly transition, and is expected to provide advisory and consulting services thereafter. As of December 31, 2025, Getty reported a portfolio of 1,174 freestanding properties in 44 states and Washington, D.C.

Positive

• Robert J. Ryan promoted to Chief Investment Officer
• Orderly transition with Olear remaining through Feb 27, 2026
• Olear may provide advisory services

Negative

• Mark J. Olear, with >40 years' experience, is retiring effective Feb 27, 2026
• The Chief Operating Officer position will not be backfilled

News Market Reaction

-0.77%

1 alert

-0.77% News Effect

On the day this news was published, GTY declined 0.77%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

01/20/2026 - 04:05 PM

- Mark J. Olear to Retire –

- Robert J. Ryan Promoted to Chief Investment Officer –

NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today that Mark J. Olear, Executive Vice President, Chief Investment Officer and Chief Operating Officer, will retire from the Company effective February 27, 2026. Robert J. (“RJ”) Ryan, Senior Vice President of Acquisitions, has been selected to succeed Mr. Olear as Chief Investment Officer. The position of Chief Operating Officer will not be backfilled.

“I want to congratulate Mark on a successful real estate career spanning more than 40 years. He has led the transformation of our portfolio over the last decade and positioned us for continued success. Mark has been an invaluable resource to me, and a great mentor for his team. He will be missed and we wish him all the best in retirement,” stated Christopher J. Constant, Getty’s President & Chief Executive Officer. “I also want to congratulate RJ Ryan on his promotion. RJ has been a critical member and effective leader of Getty’s acquisitions team since 2018, and I am confident that he will thrive in his new role as we continue to grow and diversify our portfolio of convenience and automotive retail properties.”  

Mr. Ryan has contributed significantly to Getty’s real estate investment activities since joining the Company in March 2016 as Director of Real Estate. He was promoted to Senior Vice President of Acquisitions in February 2023 after previously serving as Vice President of Acquisitions and Senior Director of Real Estate and Development. Prior to joining Getty, Mr. Ryan served as Vice President of Asset Management for Marx Realty, a Manhattan based owner and developer of office and retail properties. Prior to Marx Realty, Mr. Ryan held various roles at Macerich, a leading owner, operator and developer of major retail and mixed-use developments.

“I am honored to step into this role and thank the Board of Directors for the trust they have placed in me,” stated Mr. Ryan. “Working closely with Mark over the past decade has been a privilege, and I am deeply appreciative of his leadership, guidance and mentorship. I’m excited about the opportunity to build upon the strong foundation we have established at Getty.”

Until his retirement, Mr. Olear will continue to serve as Executive Vice President, Chief Investment Officer and Chief Operating Officer, and will work with Mr. Ryan and the rest of the management team to effect an orderly transition. For a period of time thereafter, it is anticipated that Mr. Olear will provide advisory and consulting services to the Company.

“It has been an honor to work alongside such an amazing team. I am extremely proud of what we have accomplished and grateful for the opportunity to have contributed,” commented Mr. Olear. “I have appreciated the support of our Board of Directors, Chris, the executive team, and the entire organization throughout my tenure at Getty. I look forward to their continued success.”

About Getty Realty Corp.

Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2025, the Company’s portfolio included 1,174 freestanding properties located in 44 states across the United States and Washington, D.C.

Contacts:		Brian Dickman		Investor Relations
		Chief Financial Officer		(646) 349-0598
		(646) 349-6000		ir@gettyrealty.com

FAQ

When does Mark J. Olear's retirement from Getty Realty (GTY) take effect?

Mark J. Olear's retirement is effective February 27, 2026.

Who will succeed Mark J. Olear as Chief Investment Officer at Getty Realty (GTY)?

Robert J. (RJ) Ryan, Senior Vice President of Acquisitions, has been promoted to Chief Investment Officer.

Will Getty Realty (GTY) backfill the Chief Operating Officer role after Olear retires?

The company stated the Chief Operating Officer position will not be backfilled.

Will Mark J. Olear continue working with Getty Realty (GTY) after retirement?

Yes; until retirement he will support the transition and is expected to provide advisory and consulting services thereafter.

How large is Getty Realty's portfolio as of Dec 31, 2025 referenced in the announcement?

The portfolio included 1,174 freestanding properties across 44 states and Washington, D.C. as of December 31, 2025.