Berks County hospital system CEO retires February 22, 2021
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After a year in which the nation’s hospitals struggled both financially and operationally, Clint Matthews has announced his retirement as president and CEO of the Berks County-based Tower Health.
Sue Perrotty, a retired bank executive, has been named as Matthews’ interim replacement. Perotty has been a member of the health network’s board of directors since July 2019.
If the health network needs help shoring up its finances. She would seem to be the person for the job.
According to a press release from Tower, Perrotty brings decades of leadership experience in the banking and finance industries to her new role.
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WEST READING, Pa., Feb. 22, 2021 /PRNewswire/ Tower Health today announced that P. Sue Perrotty, retired bank executive and community leader, has been named interim president and CEO of Tower Health. Perrotty, a member of the Tower Health board of directors since July 2019, replaces Clint Matthews, who has announced his retirement after 10 years of service to the organization. During Clint s tenure, Tower Health has become a healthcare leader focused on improving the health of communities throughout the Reading and greater Philadelphia region. The Board thanks him for his service, said Tom Work, chair of Tower Health s Board of Directors. Sue has built an incredible reputation as a dynamic leader with compassion and integrity. Having served on our Board since 2019, she uniquely understands our organization and path forward.
Global Net Lease Announces 97% Of Fourth Quarter Rent Collected; Approximately $290 Million Of Acquisitions During Quarter
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NEW YORK, Jan. 7, 2021 /PRNewswire/ Global Net Lease, Inc. (NYSE: GNL) ( GNL or the Company ) announced today that it collected 97% of the original cash rent due for the fourth quarter of 2020 as of January 6, 2021. The Company also announced it had acquired seven properties for approximately $290 million during the fourth quarter. Fourth quarter acquisitions consisted primarily of industrial assets located in the United States and had a weighted average cap rate
1 of 7.2% and weighted average remaining lease term of 9.6 years.
( GNL ) (NYSE: GNL/ GNL PRA / GNL PRB) announced today that it intends to continue to pay dividends on its shares of common stock at an annualized rate of $1.60 per share or $0.40 per share on a quarterly basis. GNL anticipates paying dividends authorized by its board of directors on its shares of common stock on a quarterly basis in arrears on the 15
th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common stock holders of record on the record date for such payment.
Accordingly, GNL declared a dividend of $0.40 per share of common stock payable on January 15, 2021 to common stock holders of record at the close of business on January 11, 2021.
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