David B. Driscoll served as the CEO of Getty Realty Corp. from 2010 until his retirement at the end of 2015, significantly influencing the real estate sector, especially in the gas station and convenience store market. Under his leadership, Getty...

David B. Driscoll served as the CEO of Getty Realty Corp. from 2010 until his retirement at the end of 2015, significantly influencing the real estate sector, especially in the gas station and convenience store market. Under his leadership, Getty Realty made strategic moves, such as acquiring ten properties in 2014 for $17.6 million and managing valuable triple-net leases covering 440 properties that were part of a bankruptcy recovery strategy. Driscoll's compensation reflected his contributions; he earned $1.2 million in 2015, including a bonus of $415,000 as part of his retirement agreement. Known for his focus on cash compensation rather than stock grants, he was awarded significant cash bonuses in acknowledgment of his leadership during critical company achievements. Driscoll's tenure also marked improvements in Getty's balance sheet, reducing net debt significantly. Notably, his employment agreement included a base salary of at least $500,000, alongside other benefits, which shows his significant role in shaping the company’s operational success.