Cousins Properties announced that they have entered into a definitive merger agreement to combine in a 100% stock-for-stock transaction. Cousins' Board of Directors will be increased to eleven members upon closing, with two additions from TIER's Board of Directors, one of which will be Scott Fordham. Larry Gellerstedt, Cousins' Executive Chairman of the Board of Directors, will serve as Executive Chairman of the Board of Directors of the combined company. Colin Connolly, Cousins' President and Chief Executive Officer, and Cousins' existing senior management team will continue to lead the combined company.