Nelson has served as chairman of the audit committee at Global Net Lease.

NEW YORK CITY—Scott Bowman is stepping down as CEO and president of Global Net Lease Inc. on or about August 15. Succeeding him in both capacities at the REIT will be independent director James L. Nelson, who brings to GNL’s management team more than two decades’ experience as CEO of public and private companies.

Bowman has served as GNL’s CEO since October 2014 and as its president since December 2015. The company said he is resigning to spend more time with his family and that there are no disagreements between Bowman and the company. Bowman has offered to make himself available to facilitate a smooth transition, according to GNL.  

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