NATIONAL RETAIL PROPERTIES, INC. (NYSE:NNN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 14, 2017, the Board of Directors (the “Board”) of National Retail Properties, Inc. (the “Company”) appointed, to the recommendation of the Governance and Nominating Committee, Julian E. Whitehurst to the Board of Directors of the Company, effective February 15, 2017. Mr. Whitehurst’s appointment to the Board was made in connection with his previously announced transition to Chief Executive Officer of the Company which will be effective April 28, 2017.

Mr. Whitehurst has served as President of the Company since May 2006 and as Chief Operating Officer of the Company since June 2004. He also previously served as Executive Vice President of the Company from February 2003 to May 2006, as Secretary of the Company from May 2003 to May 2006 and previously served as General Counsel from 2003 to 2006. Prior to February 2003, Mr. Whitehurst was a shareholder at the law firm of Lowndes, Drosdick, Doster, Kantor & Reed, P.A. He is a member of ICSC and NAREIT, serves as a member of the board of directors of InvenTrust Properties, Inc., and serves on the board of trustees and on the executive committee of Lake Highland Preparatory School.

As a non-independent director, Mr. Whitehurst will not receive any compensation for his service as a member of the Board.

About NATIONAL RETAIL PROPERTIES, INC. (NYSE:NNN)

National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. The Company owns over 2,050 Properties with a gross leasable area of approximately 24,964,000 square feet, located in approximately 50 states. The Company’s portfolio includes convenience stores; automotive service; family entertainment centers; theaters; automotive parts; health and fitness; recreational vehicle dealers, parts and accessories, and banks. The Company has operations in Texas, Florida, Ohio, North Carolina, Illinois, Georgia, Virginia, Indiana and Alabama, among others. The Company owns approximately 20 vacant, un-leased Properties.

NATIONAL RETAIL PROPERTIES, INC. (NYSE:NNN) Recent Trading Information

NATIONAL RETAIL PROPERTIES, INC. (NYSE:NNN) closed its last trading session up +0.46 at 44.51 with 800,171 shares trading hands.