Highwoods Properties, Inc.

BOVESPA:HIWP34 Stock Report

Market Cap: R$20.4b

Highwoods Properties Management

Management criteria checks 3/4

Highwoods Properties' CEO is Ted Klinck, appointed in Nov 2018, has a tenure of 6.17 years. total yearly compensation is $4.70M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth R$85.33M. The average tenure of the management team and the board of directors is 4.8 years and 7 years respectively.

Key information

Ted Klinck

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage16.1%
CEO tenure6.2yrs
CEO ownership0.4%
Management average tenure4.8yrs
Board average tenure7yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Ted Klinck's remuneration changed compared to Highwoods Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$141m

Jun 30 2024n/an/a

US$149m

Mar 31 2024n/an/a

US$128m

Dec 31 2023US$5mUS$756k

US$146m

Sep 30 2023n/an/a

US$136m

Jun 30 2023n/an/a

US$152m

Mar 31 2023n/an/a

US$160m

Dec 31 2022US$5mUS$733k

US$157m

Sep 30 2022n/an/a

US$254m

Jun 30 2022n/an/a

US$288m

Mar 31 2022n/an/a

US$297m

Dec 31 2021US$4mUS$675k

US$311m

Sep 30 2021n/an/a

US$268m

Jun 30 2021n/an/a

US$236m

Mar 31 2021n/an/a

US$214m

Dec 31 2020US$3mUS$688k

US$345m

Sep 30 2020n/an/a

US$323m

Jun 30 2020n/an/a

US$310m

Mar 31 2020n/an/a

US$313m

Dec 31 2019US$2mUS$507k

US$134m

Sep 30 2019n/an/a

US$128m

Jun 30 2019n/an/a

US$133m

Mar 31 2019n/an/a

US$144m

Dec 31 2018US$2mUS$446k

US$169m

Compensation vs Market: Ted's total compensation ($USD4.70M) is above average for companies of similar size in the BR market ($USD1.29M).

Compensation vs Earnings: Ted's compensation has been consistent with company performance over the past year.

CEO

Ted Klinck (58 yo)

6.2yrs

Tenure

US$4,702,879

Compensation

Mr. Theodore J. Klinck, also known as Ted, has been Chief Executive Officer and Director at Highwoods Properties, Inc. since September 1, 2019 and has been its President November 28, 2018. He served as Chi...

Leadership Team

NamePositionTenureCompensationOwnership
Theodore Klinck
President6.2yrsUS$4.70m0.42%
R$ 85.3m
Brendan Maiorana
Executive VP & CFO3yrsUS$1.89m0.097%
R$ 19.7m
Brian Leary
Executive VP & COO5.5yrsUS$1.88m0.12%
R$ 23.6m
Jeffrey Miller
Executive VP17.8yrsUS$1.33m0.15%
R$ 30.4m
Carman Liuzzo
Senior Vice President of Investments8yrsUS$946.17kno data
Daniel Clemmens
VP & Chief Accounting Officer17.4yrsno datano data
Ryan Hunt
VP & Chief Information Officer3.6yrsno datano data
Thomas Hill
Senior VP & Raleigh Market Leader4yrsno datano data
Steven Garrity
Senior VP & Orlando Market Leader4yrsno datano data
Daniel Woodward
Senior VP & Tampa Market Leader3.8yrsno datano data
L. Roberson
Senior Vice President of Development8yrsno datano data
Jane Dufrane
Senior VP & Richmond Market Leader3.8yrsno datano data

4.8yrs

Average Tenure

53yo

Average Age

Experienced Management: HIWP34's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Theodore Klinck
President5.3yrsUS$4.70m0.42%
R$ 85.3m
Gene Anderson
Independent Director27.9yrsUS$168.45k0.77%
R$ 156.2m
Anne Lloyd
Independent Director7yrsUS$188.45k0.016%
R$ 3.2m
Carlos Evans
Independent Chairman of the Board10yrsUS$205.95k0.063%
R$ 12.8m
Charles Anderson
Independent Director10.7yrsUS$160.95k0.021%
R$ 4.3m
Thomas Anderson
Independent Director5yrsUS$160.95k0.015%
R$ 3.1m
David Gadis
Independent Director4yrsUS$158.45k0.010%
R$ 2.0m
David Hartzell
Independent Director15.9yrsUS$168.45k0.027%
R$ 5.5m
Candice Todd
Independent Directorless than a yearno data0.0036%
R$ 728.4k

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: HIWP34's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 12:10
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Highwoods Properties, Inc. is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RodgersBaird
Jing Xian Tan BonnelBofA Global Research
James SullivanBTIG