Franklin Street Properties Appoints New Board Director
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Franklin Street Properties Corp. announced the resignation of Bruce J. Schanzer from its Board of Directors on October 9, 2025, with no disagreements. Jennifer Bitterman has been appointed as his replacement on October 15, 2025, as part of a cooperation agreement with Converium Capital and Erez Asset Management. Bitterman will also serve on the Audit and Compensation Committees. The latest analyst rating for FSP stock is a Hold with a $1.50 price target, reflecting concerns over weak financial performance and a bearish technical trend.
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