What changed
Essential Properties Realty Trust announced executive changes effective September 9, 2026. CEO Pete Mavoides executed a new employment contract with a term of approximately four years. COO Max Jenkins was promoted to President, CFO Rob Salisbury added the Chief Strategy Officer role, and Craig Vachris was appointed Chief Investment Officer following the departure of AJ Peil. As of June 30, 2026, the portfolio consisted of 2,493 freestanding net lease properties with a weighted average lease term of 14.3 years and was 99.6% leased.
Why it matters
Essential Properties Realty Trust announced executive changes effective September 9, 2026. CEO Pete Mavoides executed a new employment contract with a term of approximately four years. COO Max Jenkins