Broadstone Net Lease Management
Management criteria checks 1/4
Broadstone Net Lease's CEO is John Moragne, appointed in Feb 2023, has a tenure of 1.83 years. total yearly compensation is $4.20M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €5.95M. The average tenure of the management team and the board of directors is 1.8 years and 3.6 years respectively.
Key information
John Moragne
Chief executive officer
US$4.2m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$142m |
| Jun 30 2024 | n/a | n/a | US$156m |
| Mar 31 2024 | n/a | n/a | US$181m |
| Dec 31 2023 | US$4m | US$575k | US$155m |
| Sep 30 2023 | n/a | n/a | US$183m |
| Jun 30 2023 | n/a | n/a | US$161m |
| Mar 31 2023 | n/a | n/a | US$134m |
| Dec 31 2022 | US$2m | US$450k | US$122m |
| Sep 30 2022 | n/a | n/a | US$117m |
| Jun 30 2022 | n/a | n/a | US$119m |
| Mar 31 2022 | n/a | n/a | US$107m |
| Dec 31 2021 | US$2m | US$375k | US$102m |
| Sep 30 2021 | n/a | n/a | US$88m |
| Jun 30 2021 | n/a | n/a | US$68m |
| Mar 31 2021 | n/a | n/a | US$62m |
| Dec 31 2020 | US$2m | US$338k | US$51m |
Compensation vs Market: John's total compensation ($USD4.20M) is above average for companies of similar size in the German market ($USD1.94M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
John Moragne (42 yo)
1.8yrs
Tenure
US$4,195,587
Compensation
Mr. John D. Moragne serves as CEO and Director at Broadstone Net Lease, Inc. since February 28, 2023. He had been an Executive Vice President, Chief Operating Officer of Broadstone Net Lease, Inc. since Au...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | US$4.20m | 0.20% € 6.0m | |
| President & COO | 1.8yrs | US$3.16m | 0.15% € 4.4m | |
| Executive Vice President | 1.8yrs | US$2.20m | 0.084% € 2.6m | |
| Senior VP | 6.3yrs | US$1.05m | 0.045% € 1.4m | |
| Senior Vice President & Chief Accounting Officer | less than a year | no data | 0.028% € 838.1k | |
| Senior Vice President of Human Resources & Administration | 4.8yrs | no data | 0.030% € 913.4k | |
| Senior Vice President of Underwriting & Strategy | less than a year | no data | 0.050% € 1.5m | |
| Senior Vice President of Acquisitions | less than a year | no data | 0.039% € 1.2m |
1.8yrs
Average Tenure
41yo
Average Age
Experienced Management: 62XA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | US$4.20m | 0.20% € 6.0m | |
| Independent Director | 11.6yrs | US$192.50k | 0.031% € 932.6k | |
| Independent Director | 3.6yrs | US$184.47k | 0.034% € 1.0m | |
| Independent Director | 17.9yrs | US$176.44k | 0.0027% € 80.5k | |
| Independent Director | 17.9yrs | US$182.50k | 0.059% € 1.8m | |
| Independent Director | 3.6yrs | US$171.97k | 0.013% € 395.9k | |
| Independent Chairman | 8.6yrs | US$241.97k | 0.066% € 2.0m | |
| Independent Director | 1.9yrs | US$149.40k | 0.0070% € 211.8k | |
| Independent Director | 1.9yrs | US$149.40k | 0.0070% € 211.8k |
3.6yrs
Average Tenure
56yo
Average Age
Experienced Board: 62XA's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
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Analyst Sources
Broadstone Net Lease, Inc. is covered by 14 analysts. 10 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 |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Michael Gorman | BTIG |
| James Sullivan | BTIG |