National Retail Properties, Inc. announced that Julian E. (Jay) Whitehurst, President will retire and step down as a member of the Board of Directors effective April 28, 2022. Stephen A. (Steve) Horn, Jr., currently Executive Vice President and Chief Operating Officer, will assume the role of President as of April 29, 2022. As a part of the company's long-term executive succession planning process, and upon Mr. Whitehurst's recommendation, the company's Board of Directors has unanimously appointed Mr. Horn President effective April 29, 2022.

Mr. Horn joined the company in July 2003, was appointed Executive Vice President and Chief Acquisition Officer in January 2014 and has served as Chief Operating Officer since August 2020.