American Realty Capital Properties, Inc. announced the appointment of William C. Miller as President and Chief Executive Officer of Cole Capital and Executive Vice President, Investment Management for the company. Mr. Miller reports directly to Glenn J. Rufrano, the company's Chief Executive Officer, and also serves on the company's senior management team. Bill is a proven leader, a seasoned veteran of the financial services industry and well-suited to lead Cole Capital, explained Mr. Rufrano.

His demonstrated track record of success, combined with the knowledge and capabilities of the senior leadership team at Cole Capital, provides the framework for building investment management business. Bill has demonstrated his passion for Cole and his knowledge of business, sharing his excitement and enthusiasm with those around him. As President and CEO of Cole Capital, Mr. Miller will provide strategic direction and oversee all aspects of the management of the non-traded REIT sponsor's distribution business including external and internal sales, product development, due diligence, broker-dealer relationship management, securities operations and capital markets.

His appointment follows the resignation of Michael T. Ezzell, Cole Capital's previous President and CEO, who stepped down for personal reasons. The Company appreciates Mr. Ezzell's contributions to Cole Capital during the past six years. Mr. Miller joined Cole Capital earlier this year as Senior Vice President and Chief Sales Officer.

Previously, he was with American Funds where he served as Senior Vice President and was responsible for leading business development, strategy and relationship management efforts for the wire/regional broker-dealers, as well as the global banking channel. In addition to his experience at American Funds, Mr. Miller has held REIT product management positions, as well as sales and wholesale distribution leadership positions, with Realty Capital Securities.