Spirit Realty Capital (SRC) Misses Q1 EPS by 1c; COO Mavoides is Hitting the Trail

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Spirit Realty Capital, Inc. Announces Fourth Quarter and Full Year 2014 Operating Results

February 26, 2015 4:10 PM EST

SCOTTSDALE, Ariz., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Spirit Realty Capital, Inc. ("Spirit") (NYSE: SRC), a real estate investment trust that invests in single-tenant, operationally essential real estate, today announced its operating results for the fourth quarter and year ended December 31, 2014. For the quarter ended December 31, 2014, Spirit had net income attributable to common stockholders of $0.08 per diluted share, compared to $0.12 per diluted share for the quarter ended December 31, 2013. For the year ended December 31, 2014, Spirit had a net loss of $(0.09) per share, compared to break-even earnings per share on net income of $1.7 million for the year ended December 31,... More

Spirit Realty Capital Announces Departure of President and COO

February 26, 2015 4:05 PM EST

SCOTTSDALE, Ariz., Feb. 26, 2015 (GLOBE NEWSWIRE) -- Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit"), a real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced that by mutual agreement, Peter Mavoides has left his position as President and Chief Operating Officer.

Spirit intends to conduct a search to fill the role previously held by Mr. Mavoides. In the meantime, Thomas H. Nolan, Jr., Chairman and Chief Executive Officer of Spirit Realty Capital, will assume the responsibilities of the position on an interim basis.

"On behalf... More