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CEO of Atlanta-based real estate investment trust Cousins Properties stepping down

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The CEO of Atlanta-based real estate investment trust Cousins Properties is stepping down, Bisnow reported. Larry Gellerstedt, who’s been CEO since 2009, will take on the role of executive chairman. Colin Connolly, the trust’s president, will become the new CEO next year. “Colin’s promotion is part of a deliberate and planned succession effort that will allow Cousins Properties to benefit from his ideas, energy and strategic leadership skills, while continuing its evolution into a larger, highly focused company,” Gellerstedt said in a statement provided to the outlet. [Bisnow]

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