Varia US Properties Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Patrick Richard

Chief executive officer

US$107.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	8.7yrs
CEO ownership	0.5%
Management average tenure	3.7yrs
Board average tenure	8.7yrs

Recent management updates

Recent updates

Varia US Properties'(VTX:VARN) Share Price Is Down 10% Over The Past Year.

Jan 18

Here's Why We Don't Think Varia US Properties's (VTX:VARN) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 23

Is Varia US Properties AG (VTX:VARN) A Smart Pick For Income Investors?

Nov 18

CEO

Patrick Richard (53 yo)

8.7yrs

Tenure

US$107,005

Compensation

Mr. Patrick Richard serves as the Chief Executive Officer of Stoneweg U.S., LLC. Mr. Patrick Founded Stoneweg US LLC, an asset manager of Varia US Properties AG and serves as its member of the Board of Dir...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Patrick Richard	CEO, Founder of Stoneweg US LLC & Executive Director	no data	US$107.01k	0.49% $ 1.7m
Jaume Sabater Martos	Executive Vice Chairman	9.7yrs	US$85.81k	0.11% $ 397.6k
Karen Weller	Executive VP & CFO of Stoneweg US	2.2yrs	no data	no data
Sam Palmer	Executive Vice President of Asset Management & Development of Stoneweg US	3.7yrs	no data	no data
Meryl Iwulski	Corporate Secretary of Stoneweg Asset Management	4.7yrs	no data	no data

3.7yrs

Average Tenure

Experienced Management: VARN's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Patrick Richard	CEO, Founder of Stoneweg US LLC & Executive Director	8.7yrs	US$107.01k	0.49% $ 1.7m
Jaume Sabater Martos	Executive Vice Chairman	9.7yrs	US$85.81k	0.11% $ 397.6k
Taner Alicehic	Non-Executive Director	9.7yrs	US$99.25k	0.26% $ 913.6k
Beat Schwab	Independent Non Executive Director	8.7yrs	US$108.55k	0.060% $ 209.3k
Manuel Leuthold	Independent Non-Executive Chairman	8.7yrs	US$123.90k	0.084% $ 293.2k
Stefan Buser	Independent Non Executive Director	7.3yrs	US$105.58k	0.062% $ 217.7k
Dany Roizman	Non Executive Director	9.7yrs	US$87.65k	0.36% $ 1.3m
Pierre Baudin	Non Executive Director	4.3yrs	US$85.81k	0.47% $ 1.6m

8.7yrs

Average Tenure

52.5yo

Average Age

Experienced Board: VARN's board of directors are considered experienced (8.7 years average tenure).

Varia US Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Varia US Properties AG, Annual General Meeting, Apr 25, 2023

Less than half of directors are independent

Recent updates

Second quarter 2024 earnings released: US$0.64 loss per share (vs US$1.28 loss in 2Q 2023)

Varia US Properties AG to Report Fiscal Year 2024 Results on Mar 31, 2025

Now 21% overvalued

Upcoming dividend of CHF0.50 per share

Upcoming dividend of CHF0.50 per share

Full year 2023 earnings released: US$13.73 loss per share (vs US$12.11 profit in FY 2022)

Varia US Properties AG to Report First Half, 2024 Results on Aug 28, 2024

Upcoming dividend of CHF0.50 per share at 7.9% yield

Varia US Properties AG to Report Q1, 2024 Results on May 28, 2024

Third quarter 2023 earnings released: US$4.44 loss per share (vs US$1.81 profit in 3Q 2022)

Upcoming dividend of CHF3.50 per share at 8.0% yield

Varia US Properties AG to Report Fiscal Year 2023 Results on Mar 24, 2024

Second quarter 2023 earnings released: US$1.28 loss per share (vs US$4.41 profit in 2Q 2022)

Now 21% undervalued after recent price drop

Upcoming dividend of CHF0.25 per share at 2.1% yield

Now 20% undervalued

Less than half of directors are independent

Upcoming dividend of CHF0.50 per share

Varia US Properties AG to Report Q3, 2022 Results on Nov 17, 2022

Upcoming dividend of CHF0.50 per share

Upcoming dividend of CHF0.50 per share

Varia US Properties AG, Annual General Meeting, Apr 25, 2023

Less than half of directors are independent

Full year 2021 earnings released: EPS: US$15.41 (vs US$3.91 in FY 2020)

Varia US Properties AG to Report First Half, 2022 Results on Aug 29, 2022

Upcoming dividend of CHF0.50 per share

First half 2021 earnings released: EPS US$4.81 (vs US$0.76 in 1H 2020)

Full year 2020 earnings released: EPS US$3.91 (vs US$4.75 in FY 2019)

New 90-day low: CHF37.40

Varia US Properties AG (SWX:VARN) acquired Three Properties Portfolio in Indianapolis for $87 million.

Varia US Properties'(VTX:VARN) Share Price Is Down 10% Over The Past Year.

New 90-day high: CHF39.80

Here's Why We Don't Think Varia US Properties's (VTX:VARN) Statutory Earnings Reflect Its Underlying Earnings Potential

An unknown buyer acquired Cardinal portfolio from Varia US Properties AG (SWX:VARN) on December 3, 2020.

New 90-day high: CHF39.40

Varia US Properties AG announced that it expects to receive CHF 40.4 million in funding

Is Varia US Properties AG (VTX:VARN) A Smart Pick For Income Investors?

Varia US Properties AG to Report Fiscal Year 2020 Results on Mar 30, 2021

Upcoming Dividend of CHF0.50 Per Share

New 90-day low: CHF37.40

First half earnings released

Upcoming Dividend of CHF0.30 Per Share

New 90-day high - CHF39.80

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age