Spirit Realty Capital Management
Management criteria checks 3/4
Spirit Realty Capital's CEO is Jackson Hsieh, appointed in Sep 2016, has a tenure of 7.33 years. total yearly compensation is $12.72M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €33.39M. The average tenure of the management team and the board of directors is 3.4 years and 5.4 years respectively.
Key information
Jackson Hsieh
Chief executive officer
US$12.7m
Total compensation
| CEO salary percentage | 7.1% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.4yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$248m |
| Jun 30 2023 | n/a | n/a | US$286m |
| Mar 31 2023 | n/a | n/a | US$315m |
| Dec 31 2022 | US$13m | US$901k | US$275m |
| Sep 30 2022 | n/a | n/a | US$249m |
| Jun 30 2022 | n/a | n/a | US$213m |
| Mar 31 2022 | n/a | n/a | US$218m |
| Dec 31 2021 | US$13m | US$901k | US$161m |
| Sep 30 2021 | n/a | n/a | US$146m |
| Jun 30 2021 | n/a | n/a | US$118m |
| Mar 31 2021 | n/a | n/a | US$30m |
| Dec 31 2020 | US$8m | US$879k | US$16m |
| Sep 30 2020 | n/a | n/a | -US$9m |
| Jun 30 2020 | n/a | n/a | US$59m |
| Mar 31 2020 | n/a | n/a | US$105m |
| Dec 31 2019 | US$10m | US$900k | US$164m |
| Sep 30 2019 | n/a | n/a | US$214m |
| Jun 30 2019 | n/a | n/a | US$164m |
| Mar 31 2019 | n/a | n/a | US$143m |
| Dec 31 2018 | US$12m | US$900k | US$137m |
| Sep 30 2018 | n/a | n/a | US$119m |
| Jun 30 2018 | n/a | n/a | US$97m |
| Mar 31 2018 | n/a | n/a | US$79m |
| Dec 31 2017 | US$12m | US$773k | US$37m |
Compensation vs Market: Jackson's total compensation ($USD12.72M) is above average for companies of similar size in the German market ($USD2.74M).
Compensation vs Earnings: Jackson's compensation has been consistent with company performance over the past year.
CEO
Jackson Hsieh (62 yo)
7.3yrs
Tenure
US$12,721,068
Compensation
Mr. Jackson Hsieh has been the President, Chief Executive Officer & Director of Spirit Realty Capital since 2019. Mr. Hsieh serves as a President, Chief Executive Officer and Director at Spirit Realty, L.P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$12.72m | 0.61% € 33.4m | |
| Executive VP & CFO | 5.8yrs | US$3.28m | 0.088% € 4.8m | |
| Executive VP & Chief Investment Officer | 3yrs | US$3.29m | 0.087% € 4.8m | |
| Executive VP | 7.8yrs | US$2.60m | 0.047% € 2.6m | |
| Executive VP | 2yrs | US$2.14m | 0.027% € 1.5m | |
| Senior VP & Chief Accounting Officer | 7.7yrs | no data | 0.027% € 1.5m | |
| Senior Vice President of Corporate Finance & Investor Relations | 3.4yrs | no data | no data | |
| Director of Marketing & Communications | no data | no data | no data | |
| Senior VP & Deputy Head of Asset Management | 3yrs | no data | no data | |
| Senior Vice President of Credit & Underwriting | no data | no data | no data | |
| Head of Research | no data | no data | no data | |
| Director of Asset Management | 1.8yrs | no data | no data |
3.4yrs
Average Tenure
48yo
Average Age
Experienced Management: 21S1's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.7yrs | US$12.72m | 0.61% € 33.4m | |
| Independent Director | 15yrs | US$237.09k | 0.024% € 1.3m | |
| Independent Director | 2.7yrs | US$237.73k | 0.0071% € 390.3k | |
| Chairman of the Board & Lead Independent Director | 11.3yrs | US$339.98k | 0.036% € 2.0m | |
| Independent Director | 11.3yrs | US$229.30k | 0.020% € 1.1m | |
| Independent Director | 5.4yrs | US$225.00k | 0.013% € 727.1k | |
| Independent Director | 2.7yrs | US$229.96k | 0.014% € 755.2k | |
| Independent Director | 4.9yrs | US$231.21k | 0.014% € 788.3k | |
| Independent Director | 2.7yrs | US$241.58k | 0.011% € 581.6k |
5.4yrs
Average Tenure
61yo
Average Age
Experienced Board: 21S1's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/23 05:47 |
| End of Day Share Price | 2024/01/23 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Spirit Realty Capital, Inc. is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Crossett | Berenberg |
| Joshua Dennerlein | BofA Global Research |
| David Corak | B. Riley Securities, Inc. |