Global Net Lease outlines 2026 board retirements
Global Net Lease, Inc. disclosed that directors P. Sue Perrotty and Governor Edward Rendell will retire from its Board of Directors at the conclusion of the 2026 annual meeting of stockholders and will not stand for re-election.
Rhea-AI Filing Summary
Global Net Lease, Inc. disclosed that directors P. Sue Perrotty and Governor Edward Rendell will retire from its Board of Directors at the conclusion of the 2026 annual meeting of stockholders and will not stand for re-election. Both indicated their decisions are for personal reasons and not due to disagreements over the company’s operations, policies or practices. Following the meeting, if all eight nominees are elected, the Board will consist of eight members. The company furnished a press release about these retirements and noted that statements about future Board composition are forward-looking and subject to risks and uncertainties.
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8-K Event Classification
Key Figures
Key Terms
Board of Directors financial
annual meeting of stockholders financial
Regulation FD Disclosure regulatory
forward-looking statements regulatory
real estate investment trust financial
FAQ
What board changes did Global Net Lease (GNL) announce in this 8-K?
Why are GNL directors Sue Perrotty and Governor Edward Rendell retiring?
When will the GNL board retirements of Perrotty and Rendell become effective?
How will Global Net Lease’s (GNL) Board size change after the 2026 annual meeting?
What did GNL’s press release say about Perrotty and Rendell’s service on the Board?
What forward-looking statements did Global Net Lease include about its Board composition?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2026, each of P. Sue Perrotty and Governor Edward Rendell, members of the Board of Directors (the “Board”) of Global Net Lease, Inc. (the “Company”), notified the Company of their respective decisions to not stand for re-election to the Board at the Company’s 2026 annual meeting of stockholders (the “Annual Meeting”), and instead retire from the Board effective at the conclusion of their current term, which expires at the conclusion of the Annual Meeting. Each of Ms. Perrotty and Governor Rendell have advised the Company that their decisions not to stand for re-election are for personal reasons and not the result of any disagreements with the Company on any matter regarding the Company’s operations, policies or practices.
Item 7.01 Regulation FD Disclosure.
On April 2, 2026, the Company issued a press release announcing the retirement of Ms. Perrotty and Governor Rendell from the Board.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. Such press release shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing.
The statements in this Current Report on Form 8-K that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated composition of the Board following the Annual Meeting. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in its forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures About Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number |
Description | |
| 99.1 | Press Release dated April 2, 2026. | |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GLOBAL NET LEASE, INC. | |||
| Date: | April 2, 2026 | By: | /s/ Edward M. Weil, Jr. |
| Name: | Edward M. Weil, Jr. | ||
| Title: | Chief Executive Officer and President (Principal Executive Officer) |
Exhibit 99.1
Global Net Lease, Inc. Announces Retirement of Two Board Members
NEW YORK – April 2, 2026 – Global Net Lease, Inc. (“GNL” or the “Company”) today announced that Sue Perrotty and Governor Edward Rendell have decided to retire from the Company’s Board of Directors (the “Board”) effective immediately following the 2026 Annual Meeting of Stockholders and will not stand for re-election at the Annual Meeting.
"On behalf of the Board, I want to thank Sue and Governor Rendell for their contributions to GNL during their 11 and 14 years of dedicated service, respectively, particularly their leadership guiding the Company through the merger and internalization in 2023. We wish them both the very best in the future,” said Rob Kauffman, Non-Executive Chairperson of the Board.
In connection with the retirements, the Board has determined that, effective following the 2026 Annual Meeting of Stockholders, if all the Board’s eight nominees are elected, the Board will consist of eight members going forward.
About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated composition of the Board following the 2026 Annual Meeting of Stockholders. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in the Company’s forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures about Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Contacts:
Investor Relations
Email: investorrelations@globalnetlease.com
| GlobalNetLease.com | (323) 265-2020 | 650 Fifth Avenue, 30th Floor, New York, NY 10019 |