Lawrence L. Gellerstedt, III has been the CEO of Cousins Properties since July 2009, leading the firm with a focus on real estate development. Under his leadership, the company has enjoyed significant growth and achieved complex goals related to funds...
Lawrence L. Gellerstedt, III has been the CEO of Cousins Properties since July 2009, leading the firm with a focus on real estate development. Under his leadership, the company has enjoyed significant growth and achieved complex goals related to funds from operations and leasing. Notably, he received a staggering total compensation of over $2.5 million in 2013, primarily driven by his performance bonuses, reflecting his ability to reach company targets. Lawrence is not just a seasoned executive; prior to his role at Cousins, he held positions like President and CEO of The Gellerstedt Group, showcasing his deep expertise in real estate operations. After a long and successful career, Lawrence announced his retirement effective April 2020, marking the end of an influential period for the company. Interestingly, he received a special retention award worth $3.5 million in equity to ensure leadership stability during market fluctuations. His tenure exemplifies how focused leadership can drive a company's success in a challenging industry.