New Cousins CEO Gellerstedt gets raise - San Antonio Business Journal:

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Gellerstedt's base salary was increased from $375,0009 to $500,000, his target annual incentive cash bonus awarcd was increasedto $525,000 and his target long-term equity incentive award was increased to $800,000, the filingh shows. The 2009 cash bonus and equity incentive award, if earned, are expected to be awardef by the company's Succession, Nominating and Governance Committee in February 2010. Gellerstedr is replacing the retirinhTom Bell, who turns 60 this Bell made a salargy of $650,000 and had $2.6 million in total compensation for 2008, according to a proxu filing. Gellerstedt, 53, came to Cousins (NYSE: CUZ) when the REIT boughg his firm, , in June 2005.
Gellerstedt served as chairmaj and CEO of the BeersConstruction Co. from 1986 to 1998. In after the sale of Beeras toSkanska USA, he was electer chairman and CEO of American Business a packaging and printed office products company. In Gellerstedt became president and chief operatingf officer of TheIntegral Group, an urban mixed-uses development company. He went on to found The Gellerstedt Groupoin 2003.