Cousins Adds Jim Edwards to Board of Directors.ATLANTA -- Cousins Properties Incorporated (NYSE NYSE See: New York Stock Exchange :CUZ CUZ Because cuz Cousin CUZ Cuzco, Peru - Tte Velazco Astete (Airport Code) ) announced today that James D. Edwards has been elected to its Board of Directors as of May 14, 2007. With the May 14 retirement of Richard W. Courts II from the Board, its number of directors remains at nine. "Jim's deep financial and business experience will bring a valuable perspective to our Board," said Tom Bell, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cousins Properties. "We are delighted he agreed to join the Cousins team." Mr. Edwards retired as managing partner of Global Markets for Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing LLP LLP - Lower Layer Protocol in 2002. He had served in various positions with Arthur Andersen since 1964. He is also a director of IMS Health Incorporated, Huron Consulting Group Inc., Transcend Services Inc. and Crawford & Company. Cousins Properties Incorporated, headquartered in Atlanta, has extensive experience in the real estate industry including the development, acquisition, financing, management and leasing of properties. The property types that Cousins actively invests in include office, multi-family, retail, industrial and land development projects. The Company's portfolio consists of interests in 7.2 million square feet of office space, 4.7 million square feet of retail space, 2.0 million square feet of industrial space, 671 for-sale units in two under-development multi-family projects, 24 residential communities under development, over 9,000 acres of strategically located land tracts, and significant land holdings for development of single-family residential communities. The Company also provides leasing and management services to third-party investors; its client-services portfolio comprises 14.5 million square feet of office and retail space. The Company is a fully integrated equity real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) that has been public since 1962 and trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "CUZ." For more information on the Company, please visit its Web site at www.cousinsproperties.com. |
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