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ATLANTA — Larry L. Gellerstedt, III, has been appointed CEO of Atlanta-based Cousins Properties by the firm’s board of directors. On July 1, the former president and COO will succeed current CEO Thomas D. Bell, who is retiring from the company. S. Taylor Glover has been appointed as non-executive chairman of the board.

Gellerstedt joined Cousins in 2005 when the firm acquired his company, The Gellerstedt Group. He has also previously worked as chairman and CEO of Beers Construction Co.; he has held the same role with American Business Products and The Integral Group. Bell was appointed CEO of Cousins in 2002 and was elected chairman in 2006.

Cousins is currently developing the 10-acre Terminus project on the corner of Peachtree Street and Piedmont Avenue in Atlanta.

“Just as it has for 50 years, our leadership team will continue to move Cousins forward, doing so with an unwavering commitment to our stakeholders, our communities and to excellence each day,” Gellerstedt says in a statement.

— Jon Ross

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