Global Medical REIT says CEO transition expected in 2025

Global Medical REIT (GMRE) announced that as part of the company’s succession planning efforts, the Board of Directors has reached an agreement with Jeffrey Busch, Chairman of the Board of Directors and Chief Executive Officer of the company, regarding Busch’s transition from service as CEO and with anticipated continuation as a member of the Board. Pursuant to the agreement with Mr. Busch, his service as CEO will end on the first to occur of the date that a successor CEO has been appointed by the Board pursuant to the company’s CEO succession plan or June 30, 2025. “On behalf of the Board, I would like to thank Jeff for his leadership since 2014,” said Lori Wittman, Lead Independent Director of the company’s Board of Directors. “Under Jeff’s leadership, GMRE has pursued high-quality growth and driven the Company’s portfolio to comprise over 4.8 million square feet leased to premier healthcare providers in their markets.”