Gladstone Land Management

Management criteria checks 2/4

Gladstone Land's CEO is David Gladstone, appointed in Jan 1997, has a tenure of 27.83 years. directly owns 3.78% of the company’s shares, worth €15.64M. The average tenure of the management team and the board of directors is 13.5 years and 11.8 years respectively.

Key information

David Gladstone

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	27.8yrs
CEO ownership	3.8%
Management average tenure	13.5yrs
Board average tenure	11.8yrs

Recent management updates

Recent updates

CEO

David Gladstone (82 yo)

27.8yrs

Tenure

US$57,750

Compensation

Mr. David John Gladstone is the Founder of Gladstone Capital Corporation and has been its Chief Executive Officer and Chairman of the Board since 2001. He served as the President of Gladstone Capital Corpo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paula Novara	Head of Resource Management & Director	27.8yrs	no data	0.0015% € 6.4k
David Gladstone	Founder	27.8yrs	US$57.75k	3.78% € 15.6m
Lewis Parrish	CFO & Assistant Treasurer	10.3yrs	US$71.90k	0.0097% € 40.0k
Terry Brubaker	Chief Operating Officer	17.6yrs	no data	no data
Karin McLaughlin	Investor Relations Specialist	no data	no data	no data
John Dellafiora	Chief Compliance Officer	12yrs	no data	no data
Michael LiCalsi	General Counsel & Secretary	15.1yrs	no data	no data
William Reiman	Executive Vice President of West Coast Operations	11.3yrs	no data	no data
Jennifer Smith	Chief Valuation Officer	no data	no data	no data
Jay Beckhorn	Treasurer	9.8yrs	no data	no data

13.5yrs

Average Tenure

55yo

Average Age

Experienced Management: 3L4's management team is seasoned and experienced (13.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paula Novara	Head of Resource Management & Director	2.1yrs	no data	0.0015% € 6.4k
David Gladstone	Founder	27.8yrs	US$57.75k	3.78% € 15.6m
Walter Wilkinson	Independent Director	10.1yrs	US$44.00k	0.033% € 137.6k
Michela English	Independent Director	11.8yrs	US$37.00k	0.0023% € 9.7k
Anthony Parker	Director	11.8yrs	US$48.50k	0.018% € 75.4k
Paul Adelgren	Independent Lead Director	11.8yrs	US$38.00k	0.040% € 166.4k
John Outland	Independent Director	11.8yrs	US$52.00k	0.0060% € 25.0k
Katharine Gorka	Director	less than a year	no data	no data

11.8yrs

Average Tenure

78.5yo

Average Age

Experienced Board: 3L4's board of directors are seasoned and experienced ( 11.8 years average tenure).

Gladstone Land Management

Management criteria checks 2/4

Key information

Recent management updates

Gladstone Land Corporation Announces Executive Changes

Insufficient new directors

Insufficient new directors

Gladstone Land Corporation, Annual General Meeting, May 09, 2024

Insufficient new directors

Insufficient new directors

Recent updates

Gladstone Land Corporation Announces Executive Changes

Gladstone Land Corporation Announces Monthly Cash Distribution for October, November and December 2024

Dividend of US$0.047 announced

Gladstone Land Corporation to Report Q3, 2024 Results on Nov 06, 2024

Dividend of US$0.047 announced

Second quarter 2024 earnings released: US$0.19 loss per share (vs US$0.048 profit in 2Q 2023)

Dividend of US$0.047 announced

Dividend of US$0.047 announced

Insufficient new directors

Gladstone Land Corporation to Report Q2, 2024 Results on Aug 08, 2024

Dividend of US$0.047 announced

Upcoming dividend of US$0.047 per share

First quarter 2024 earnings released: EPS: US$0.21 (vs US$0.12 loss in 1Q 2023)

Dividend of US$0.047 announced

Insufficient new directors

Gladstone Land Corporation to Report Q1, 2024 Results on May 07, 2024

Gladstone Land Corporation, Annual General Meeting, May 09, 2024

Gladstone Land Corporation to Report Q4, 2023 Results on Feb 20, 2024

Upcoming dividend of US$0.046 per share at 4.1% yield

Third quarter 2023 earnings released: FFO per share: US$0.2 (vs US$0.19 in 3Q 2022)

Insufficient new directors

Gladstone Land Corporation to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.046 per share at 3.4% yield

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.048 (vs US$0.11 loss in 2Q 2022)

Insufficient new directors

Gladstone Land Corporation to Report Q2, 2023 Results on Aug 07, 2023

Gladstone Land Corporation(NasdaqGM:LAND) dropped from Russell 2000 Growth-Defensive Index

Upcoming dividend of US$0.046 per share at 3.5% yield

First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.08 loss in 1Q 2022)

Insufficient new directors

Gladstone Land Corporation to Report Q4, 2022 Results on Feb 21, 2023

Insufficient new directors

Gladstone Land Corporation Appoints Paula Novara as Director

Gladstone Land Corporation to Report Q3, 2022 Results on Nov 08, 2022

Insufficient new directors

Gladstone Land Corporation to Report Q2, 2022 Results on Aug 09, 2022

Gladstone Land Corporation (NasdaqGM:LAND) acquired 1,374 gross acres of farmland of Solum Partners LP for $24.5 million.

Gladstone Land Corporation to Report Q1, 2022 Results on May 10, 2022

Gladstone Land Corporation, Annual General Meeting, May 12, 2022

Upcoming dividend of US$0.045 per share

No longer forecast to breakeven

No longer forecast to breakeven

Forecast breakeven date moved forward to 2023

Insufficient new directors

Gladstone Land Corporation (NasdaqGM:LAND) acquired 1,204 Gross Acres of Farmland Located in Fort Myers, Florida for approximately $7.4 million.

Gladstone Land Corporation (NasdaqGM:LAND) acquired Pistachio Orchard in California for $88 million.

Gladstone Land Corporation (NasdaqGM:LAND) acquired 165 acre farmland in Milton-Freewater for $2.4 million.

Insufficient new directors

Insufficient new directors

Gladstone Land Corporation (NasdaqGM:LAND) completed the acquisition of 479 gross acres of farmland in Kern County from King and Gardiner Farms, LLC and Gardiner Family, LLC for $14.8 million.

Gladstone Land Corporation (NasdaqGM:LAND) acquired Two Lemon and Orange Groves, Totaling 617 Acres in South Florida for $5.2 million.

Gladstone Land Corporation (NasdaqGM:LAND) acquired Organic Blueberry Orchards in Oregon & California for $42.3 million.

Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.097 loss in 2Q 2020)

Upcoming dividend of US$0.045 per share

Gladstone Land Corporation (NasdaqGM:LAND) completed the acquisition of 639 Gross Acres of Farmland Located in California from King and Gardiner Farms, LLC and Gardiner Family, LLC

First quarter 2021 earnings released: FFO US$0.20 per share (vs US$0.26 in 1Q 2020)

Upcoming dividend of US$0.045 per share

New 90-day high: €16.20

Gladstone Land Corporation (NasdaqGM:LAND) acquired 228 Gross Acres of Farmland located in Dorchester County, Maryland for $1.6 million.

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.22 (vs US$0.13 loss in FY 2019)

Gladstone Land Corporation to Report Q4, 2020 Results on Feb 24, 2021

Upcoming Dividend of US$0.045 Per Share

New 90-day high: €14.00

Gladstone Land Corporation (NasdaqGM:LAND) agreed to acquire 2,370 gross acres irrigated farmland located in Kern County, California from King and Gardiner Farms, LLC and Gardiner Family, LLC.

New 90-day low: €11.40

Gladstone Land Corporation (NasdaqGM:LAND) acquired 160 Gross Acres of Farmland Located in Tulare County, California for $4.2 million.

Gladstone Land Corporation (NasdaqGM:LAND) acquired 1,670 Acres Farmland and Facilities in California and Washington.