Essential Properties Realty Trust, Inc. has announced the appointment of Robert W. Salisbury, CFA as the new Executive Vice President and Chief Financial Officer, effective January 1, 2026. Salisbury has been with the company since 2023, serving as a Senior Vice President within the finance department, where he helped lead the capital markets and investor relations functions.
The company also expressed gratitude to Mark E. Patten, the outgoing Chief Financial Officer, for his contributions as he pursues a new professional opportunity.
Essential Properties Realty Trust, Inc. is an internally managed REIT that primarily acquires, owns, and manages single-tenant properties leased on a long-term basis to service-oriented or experience-based businesses. As of September 30, 2025, the company’s portfolio consisted of 2,266 freestanding net lease properties with a weighted average lease term of 14.4 years and a weighted average rent coverage ratio of 3.6x. Additionally, the portfolio was 99.8% leased to tenants operating 645 different concepts across 48 states.
The press release did not provide specific financial metrics or changes since the last reporting period. As a result of these announcements, the company's shares have moved -0.57% on the market, and are now trading at a price of $30.295. For more information, read the company's full 8-K submission here.
