William C. Miller Joins Cole Capital® as Chief Sales Officer

PHOENIX, March 12, 2015 /PRNewswire/ -- Cole Capital (the "Company") today announced that William C. Miller will join the Company as Senior Vice President and Chief Sales Officer effective Monday, March 16, 2015. In this leadership role, Mr. Miller will lead all internal and external sales efforts, as well as oversee broker-dealer relationship management. He will work closely with Michael Ezzell, Cole Capital's CEO and President, and Terry Mullen, Senior Advisor to the Company, on strategy, business development and distribution, drawing on his nearly 20 years of proven experience in the financial services industry.

"Our ability to attract someone of Bill's caliber with a demonstrated track record of success to lead our Sales and National Accounts teams is a testament to the Cole Capital platform and its leadership position in the alternative investment industry," said William Stanley, interim Chairman and CEO of American Realty Capital Properties, Inc. (NASDAQ: ARCP), the parent company of Cole Capital. "Bill will be able to leverage his industry experience and proven ability to effectively manage and grow sales organizations. Our team is very excited to work with him as we focus on normalizing relationships with our broker-dealer partners and financial advisor network."

Mr. Miller was most recently with American Funds, where he served as Senior Vice President/Director of National Accounts. In this role, he led teams responsible for relationship management, contract negotiations, selling agreements and business development with wirehouses, regional broker-dealers and global banks, and also served on the leadership team that successfully built, launched and executed a new operating model for the firm's North American distribution. Additionally, he has held senior leadership roles at Realty Capital Securities, LLC (Executive Vice President/Managing Director, National Products), AXA Equitable Distributors, LLC (Executive Vice President/Chief Sales Officer) and Lincoln Financial Distributors (Senior Vice President and Channel President). In these roles, his accomplishments include reorganizing and rebuilding sales teams, significantly increasing selling agreements, expanding distribution networks and generating considerable sales increases.

"Cole Capital is a well-respected, established sponsor in the non-traded REIT industry with a proven track record of success," said Mr. Miller. "I look forward to joining the Company's team of experienced professionals and using my experience, skills and relationships to help re-establish and grow the Cole brand. I believe the pieces are in place to ensure a strong future for the Company."

About Cole Capital^®
Cole Capital is the private capital management business of American Realty Capital Properties, Inc.  As an industry leading non-listed REIT sponsor, Cole Capital creates innovative net lease real estate products that serve individual investors and financial professionals.  Built on 35 years of experience and real estate acquisitions of nearly $19 billion, Cole Capital's net lease strategy seeks to collect rent from industry-leading corporations and provide a stream of income to investors through non-listed REITs. Additional information about Cole Capital and its products can be found on its website at www.colecapital.com.

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SOURCE Cole Capital

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