Lawrence L. Gellerstedt, III's stock holdings paint a picture of a leader whose wealth is closely tied to his company's performance. In 2009, for example, he had a notable stock award vesting of approximately $124,565, which demonstrated significant engagement with...
Lawrence L. Gellerstedt, III's stock holdings paint a picture of a leader whose wealth is closely tied to his company's performance. In 2009, for example, he had a notable stock award vesting of approximately $124,565, which demonstrated significant engagement with Cousins Properties' progress. Over the years, stock and performance-based awards expanded, reflecting his role's increasing emphasis on aligning executive compensation with shareholder interests. In 2013 alone, he was granted 37,691 shares in restricted stock, showcasing the strong trust the board had in his leadership. However, following his retirement announcement in 2020, it was a reminder of how quickly fortunes can change. It raised questions about the future of those holdings and how they would be impacted by market conditions. Lawrence had accumulated a wealth of experience and stock tied to his successful leadership, framing a narrative of both growth and transition.