News: Brokerage

Salvemini named chief financial officer, treasurer and secretary of Global Net Lease

New York, NY Global Net Lease, Inc.'s board of directors has appointed Timothy Salvemini to serve as chief financial officer, treasurer and secretary, effective as of December 1st. Salvemini brings a wealth of industry experience to his new post, including senior positions at Rouse Properties, Brookfield Asset Management and Crystal River Capital, Inc. Most recently, from 2014 to 2015, Salvemini served as chief administrative officer of Rouse Properties, Inc., a publicly-traded real estate investment trust (REIT), and as chief accounting officer from 2012 to 2014. From 2010 to 2012, Salvemini was vice president – finance and accounting of Brookfield Asset Management, Inc., an asset manager with over $175 billion of assets under management. From 2006 to 2010, Salvemini served in various roles at Crystal River Capital Inc., a publicly-traded mortgage REIT managed by Brookfield Asset Management. “We are very pleased that Tim has joined the GNL team,” said Scott Bowman, CEO of GNL. “We are confident that his experience and talent will prove invaluable to our team as we continue to create long- term value for our shareholders through the execution of our global, net lease strategy.” “I am excited to join Scott, our European colleagues at Moor Park Partners, and the GNL management team,” said Salvemini. “GNL is well established and presents a great opportunity for investors seeking capital preservation and high current yield in a challenging market environment.”
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