Farmland Partners Management
Management criteria checks 2/4
Farmland Partners' CEO is Luca Fabbri, appointed in Oct 2021, has a tenure of 3.08 years. total yearly compensation is $1.16M, comprised of 32.2% salary and 67.8% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth €3.92M. The average tenure of the management team and the board of directors is 2 years and 2.4 years respectively.
Key information
Luca Fabbri
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 32.2% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$15m |
| Jun 30 2024 | n/a | n/a | US$18m |
| Mar 31 2024 | n/a | n/a | US$28m |
| Dec 31 2023 | US$1m | US$375k | US$28m |
| Sep 30 2023 | n/a | n/a | US$17m |
| Jun 30 2023 | n/a | n/a | US$14m |
| Mar 31 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$937k | US$330k | US$8m |
| Sep 30 2022 | n/a | n/a | US$9m |
| Jun 30 2022 | n/a | n/a | US$3m |
| Mar 31 2022 | n/a | n/a | -US$5m |
| Dec 31 2021 | US$807k | US$315k | -US$6m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$726k | US$300k | -US$5m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | US$2m |
| Dec 31 2019 | US$685k | US$275k | US$1m |
| Sep 30 2019 | n/a | n/a | -US$572k |
| Jun 30 2019 | n/a | n/a | US$4m |
| Mar 31 2019 | n/a | n/a | -US$816k |
| Dec 31 2018 | US$653k | US$275k | -US$420k |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$2m |
| Mar 31 2018 | n/a | n/a | US$710k |
| Dec 31 2017 | US$439k | US$275k | US$907k |
Compensation vs Market: Luca's total compensation ($USD1.16M) is about average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Luca's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Luca Fabbri (55 yo)
3.1yrs
Tenure
US$1,162,823
Compensation
Mr. Luca Fabbri serves as President at Farmland Partners Inc. since October 11, 2021 and serves as its Chief Executive Officer since February 23, 2023 and serves as its Non-Independent Director since 2023....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.6yrs | US$2.19m | 5.52% € 31.8m | |
| CEO, President & Non-Independent Director | 3.1yrs | US$1.16m | 0.68% € 3.9m | |
| CFO & Treasurer | less than a year | no data | 0.014% € 82.6k | |
| Vice President of Operations | 2.3yrs | no data | no data | |
| General Counsel & Secretary | no data | no data | 0.052% € 298.2k |
2.0yrs
Average Tenure
Experienced Management: 0FA's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.6yrs | US$2.19m | 5.52% € 31.8m | |
| CEO, President & Non-Independent Director | 1.8yrs | US$1.16m | 0.68% € 3.9m | |
| Independent Director | 6.8yrs | US$97.26k | 0.18% € 1.0m | |
| Lead Independent Director | 1.7yrs | US$80.78k | 0.017% € 96.4k | |
| Director | less than a year | no data | 0.027% € 156.7k | |
| Independent Director | 3yrs | US$102.22k | 0.041% € 237.5k |
2.4yrs
Average Tenure
61yo
Average Age
Experienced Board: 0FA's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.