Gladstone Commercial Corporation announced that its board of directors appointed Arthur S. "Buzz" Cooper co-President of the Company effective as of January 11, 2022. Mr. Cooper joined the Gladstone family of companies at their inception in 2001 and the Company at its initial public offering in 2003. Mr. Cooper most recently served as the Chief Investment Officer of the Company.

Mr. Cooper has over 35 years of experience in the commercial lending industry and the commercial real estate industry, having worked alongside David Gladstone since 1984. In addition, Bob Cutlip, the Company's current President, notified the Company that he will be resigning as President of the Company on or about June 30, 2022. Mr. Cutlip's resignation is in connection with his planned retirement.