NEW YORK, Nov. 6, 2013 /PRNewswire/ -- American Realty
Capital Properties, Inc. ("ARCP") (NASDAQ: ARCP) announced today
that it has appointed Lisa Pavelka
McAlister as its Chief Accounting Officer, effective
November 8, 2013.
Ms. McAlister will join Nicholas
S. Schorsch, Executive Chairman and Chief Executive Officer,
Lisa Beeson, Chief Operating
Officer, and Brian S. Block, Chief
Financial Officer, as part of ARCP's self-managed executive
team.
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Ms. McAlister's primary focus as the Chief Accounting Officer of
ARCP will be to manage the accounting and financial functions of
the company and aid in the integration of ARCP's recently closed
and pending transactions, including working closely with the
financial and senior management teams at Cole Real Estate
Investments, Inc. (NYSE: COLE) to manage the financial integration
of the companies.
Ms. McAlister held the position of Managing Director at
PricewaterhouseCoopers ("PwC') in its real estate capital markets
and accounting advisory services practice. Prior to joining
PwC, Ms. McAlister held the COO position and was a prior CFO of
Bank of America Merrill Lynch global private equity, and she has
also been a CFO of a publicly-traded healthcare real estate
investment trust. Ms. McAlister has 25 years' experience in
senior financial roles in all aspects of financial and accounting
operations, internal controls, information systems, treasury and
investor relations for public companies in the private equity, real
estate, financial services, healthcare and technology sectors.
Brian Block, Chief Financial
Officer of ARCP, commented, "We are excited to have Lisa on board
as we complete our self-management initiative by year-end 2013.
Lisa's extensive financial and accounting operations and
knowledge of real estate, will serve us well. Her industry
experience will provide a strong perspective on public company
accounting and financial best practices as we continue to strive
toward becoming not only the leading net lease REIT, but a leading
public REIT."
About ARCP
ARCP is a publicly traded Maryland corporation listed on The NASDAQ
Global Select Market, focused on acquiring and owning single tenant
freestanding commercial properties subject to net leases with high
credit quality tenants. Additional information about ARCP can
be found on its website at www.arcpreit.com. ARCP may
disseminate important information regarding it and its operations,
including financial information, through social media platforms
such as Twitter, Facebook and LinkedIn.
Important Notice
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. In addition, words such as
"anticipate," "believe," "expect" and "intend" indicate a
forward-looking statement, although not all forward-looking
statements include these words.
SOURCE American Realty Capital Properties, Inc.