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National Retail chairman retires; replacement named

Single-tenant real estate investment trust National Retail Properties Inc. Chairman Robert Legler retired from his post, effective Dec. 20.

Legler was replaced in the role by Don DeFosset, in an appointment that took effect the same day.

DeFosset was first elected a director on the board in 2008, while the outgoing chairman's directorship tenure spanned 16 years, with him taking on the chairman position in April 2017.