Essential Properties Realty Trust Management

Management criteria checks 3/4

Essential Properties Realty Trust's CEO is Pete Mavoides, appointed in Jan 2018, has a tenure of 6.75 years. total yearly compensation is $7.30M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.07% of the company’s shares, worth €3.90M. The average tenure of the management team and the board of directors is 3.8 years and 6.3 years respectively.

Key information

Pete Mavoides

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage	9.6%
CEO tenure	6.8yrs
CEO ownership	0.07%
Management average tenure	3.8yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pete Mavoides's remuneration changed compared to Essential Properties Realty Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$193m
Mar 31 2024	n/a	n/a	US$194m
Dec 31 2023	US$7m	US$700k	US$190m
Sep 30 2023	n/a	n/a	US$177m
Jun 30 2023	n/a	n/a	US$167m
Mar 31 2023	n/a	n/a	US$150m
Dec 31 2022	US$10m	US$600k	US$134m
Sep 30 2022	n/a	n/a	US$128m
Jun 30 2022	n/a	n/a	US$119m
Mar 31 2022	n/a	n/a	US$107m
Dec 31 2021	US$6m	US$600k	US$95m
Sep 30 2021	n/a	n/a	US$71m
Jun 30 2021	n/a	n/a	US$56m
Mar 31 2021	n/a	n/a	US$43m
Dec 31 2020	US$3m	US$500k	US$42m
Sep 30 2020	n/a	n/a	US$51m
Jun 30 2020	n/a	n/a	US$52m
Mar 31 2020	n/a	n/a	US$49m
Dec 31 2019	US$2m	US$500k	US$41m
Sep 30 2019	n/a	n/a	US$33m
Jun 30 2019	n/a	n/a	US$25m
Mar 31 2019	n/a	n/a	US$17m
Dec 31 2018	US$5m	US$300k	US$11m
Sep 30 2018	n/a	n/a	US$9m
Jun 30 2018	n/a	n/a	US$4m
Mar 31 2018	n/a	n/a	US$6m
Dec 31 2017	US$2m	US$492k	US$6m

Compensation vs Market: Pete's total compensation ($USD7.30M) is above average for companies of similar size in the German market ($USD3.32M).

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

CEO

Pete Mavoides (57 yo)

6.8yrs

Tenure

US$7,302,000

Compensation

Mr. Peter M. Mavoides, also known as Pete, has been the President & Chief Executive Officer of Essential Properties Realty Trust, Inc. since January 12, 2018 and he held similar positions at Essential Prop...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Mavoides	President	6.8yrs	US$7.30m	0.070% € 3.9m
Mark Patten	Executive VP	4.2yrs	US$2.14m	0.038% € 2.1m
Max Jenkins	Executive VP & Head of Investments	3.5yrs	no data	0.0029% € 157.6k
Timothy Earnshaw	Senior VP & Chief Accounting Officer	4.8yrs	no data	0.016% € 905.1k
A. Peil	Executive VP & Head of Asset Management	no data	no data	0.030% € 1.7m
Kristin Walker	Senior Vice President of Real Estate Counsel	1.2yrs	no data	no data
Robert Salisbury	Senior VP & Head of Capital Markets	1.8yrs	no data	no data

3.8yrs

Average Tenure

57yo

Average Age

Experienced Management: 2OU's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Mavoides	President	6.8yrs	US$7.30m	0.070% € 3.9m
Stephen Sautel	Independent Director	6.8yrs	US$174.00k	0.14% € 7.5m
Scott Estes	Independent Chairman of the Board	6.3yrs	US$184.00k	0.054% € 3.0m
Janaki Sivanesan	Independent Director	4.8yrs	US$179.00k	0.010% € 562.8k
Lawrence Minich	Independent Director	4.8yrs	US$179.00k	0.012% € 641.9k
Heather Neary	Independent Director	4.8yrs	US$174.00k	0.011% € 613.7k
Joyce DeLucca	Independent Director	6.8yrs	US$174.00k	0.014% € 793.4k

6.3yrs

Average Tenure

55yo

Average Age

Experienced Board: 2OU's board of directors are considered experienced (6.3 years average tenure).

Essential Properties Realty Trust Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold €882k worth of stock

Essential Properties Realty Trust, Inc., Annual General Meeting, May 13, 2024

Essential Properties Realty Trust, Inc. Announces Executive Promotions

Essential Properties Realty Trust, Inc. Announces Board Changes

Essential Properties Realty Trust, Inc. Announces Additions to Senior Management Team

Insufficient new directors

Recent updates

Upcoming dividend of US$0.29 per share

Essential Properties Realty Trust, Inc. to Report Q3, 2024 Results on Oct 23, 2024

Second quarter dividend of US$0.29 announced

Essential Properties Realty Trust, Inc. Declares A Quarterly Cash Dividend for the Third Quarter of 2024, Payable on October 11, 2024

Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.35 in 2Q 2023)

Essential Properties Realty Trust, Inc. to Report Q2, 2024 Results on Jul 24, 2024

Essential Properties Realty Trust, Inc. has filed a Follow-on Equity Offering in the amount of $500 million.

First quarter dividend of US$0.29 announced

Essential Properties Realty Trust, Inc. Increases Quarterly Cash Dividend for the Second Quarter of 2024, Payable on July 12, 2024

Independent Director recently sold €882k worth of stock

First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.30 in 1Q 2023)

Essential Properties Realty Trust, Inc., Annual General Meeting, May 13, 2024

Essential Properties Realty Trust, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.28 per share

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $222.75 million.

Fourth quarter dividend of US$0.28 announced

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend, Payable on April 12, 2024

Essential Properties Realty Trust, Inc. Announces Executive Promotions

Full year 2023 earnings released: EPS: US$1.25 (vs US$0.99 in FY 2022)

Essential Properties Realty Trust, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.28 per share at 4.5% yield

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on January 12, 2024

Essential Properties Realty Trust, Inc. Announces Board Changes

Third quarter 2023 earnings released: EPS: US$0.29 (vs US$0.26 in 3Q 2022)

Essential Properties Realty Trust, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.28 per share at 4.8% yield

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $240.12 million.

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $240.12 million.

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend for the Third Quarter of 2023, Payable on October 13, 2023

Essential Properties Realty Trust, Inc. Announces Additions to Senior Management Team

Second quarter 2023 earnings released: EPS: US$0.35 (vs US$0.27 in 2Q 2022)

Essential Properties Realty Trust, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.28 per share at 4.7% yield

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on July 14, 2023

Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired Nine owned properties from Red Robin Gourmet Burgers, Inc. (NasdaqGS:RRGB) for approximately $29 million.

First quarter 2023 earnings released: FFO per share: US$0.4 (vs US$0.41 in 1Q 2022)

Upcoming dividend of US$0.28 per share at 4.7% yield

Full year 2022 earnings released: FFO per share: US$1.6 (vs US$1.39 in FY 2021)

Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired Charlie Brown's Fresh Grill and Steakhouse for $2.01 million.

Insufficient new directors

Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired The Pour House at 124 Haddon Ave. in Westmont, New Jersey from P. J. Whelihan's Pub, Inc. for $3.8 million.

Essential Properties Realty Trust, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Upcoming dividend of US$0.28 per share

Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2022, Payable on January 13, 2023

Third quarter 2022 earnings released: EPS: US$0.26 (vs US$0.23 in 3Q 2021)

Essential Properties Realty Trust, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$0.27 per share

Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend for the Third Quarter of 2022, Payable on October 14, 2022

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $174.8 million.

Second quarter 2022 earnings released: FFO: US$71.0m per share (vs US$0.35 in 2Q 2021)

Essential Properties Realty Trust, Inc. to Report Q2, 2022 Results on Jul 28, 2022

President recently bought €397k worth of stock

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on July 14, 2022

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $348.1 million.

First quarter 2022 earnings released: FFO: US$69.9m per share (vs US$0.33 in 1Q 2021)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age