Brandywine Realty Trust Management

Management criteria checks 3/4

Brandywine Realty Trust's CEO is Jerry Sweeney, appointed in Nov 1988, has a tenure of 35.5 years. total yearly compensation is $6.01M, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 1.36% of the company’s shares, worth €10.27M. The average tenure of the management team and the board of directors is 10.2 years and 7.4 years respectively.

Key information

Jerry Sweeney

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage	13.3%
CEO tenure	35.5yrs
CEO ownership	1.4%
Management average tenure	10.2yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jerry Sweeney's remuneration changed compared to Brandywine Realty Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$209m
Dec 31 2023	US$6m	US$800k	-US$197m
Sep 30 2023	n/a	n/a	-US$10m
Jun 30 2023	n/a	n/a	US$25m
Mar 31 2023	n/a	n/a	US$42m
Dec 31 2022	US$6m	US$792k	US$53m
Sep 30 2022	n/a	n/a	US$28m
Jun 30 2022	n/a	n/a	US$16m
Mar 31 2022	n/a	n/a	US$11m
Dec 31 2021	US$6m	US$750k	US$12m
Sep 30 2021	n/a	n/a	US$26m
Jun 30 2021	n/a	n/a	US$300m
Mar 31 2021	n/a	n/a	US$304m
Dec 31 2020	US$5m	US$750k	US$305m
Sep 30 2020	n/a	n/a	US$303m
Jun 30 2020	n/a	n/a	US$35m
Mar 31 2020	n/a	n/a	US$37m
Dec 31 2019	US$5m	US$750k	US$34m
Sep 30 2019	n/a	n/a	US$138m
Jun 30 2019	n/a	n/a	US$88m
Mar 31 2019	n/a	n/a	US$94m
Dec 31 2018	US$5m	US$742k	US$134m
Sep 30 2018	n/a	n/a	US$86m
Jun 30 2018	n/a	n/a	US$149m
Mar 31 2018	n/a	n/a	US$140m
Dec 31 2017	US$5m	US$700k	US$115m

Compensation vs Market: Jerry's total compensation ($USD6.01M) is above average for companies of similar size in the German market ($USD1.18M).

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

CEO

Jerry Sweeney (66 yo)

35.5yrs

Tenure

US$6,012,885

Compensation

Mr. Gerard H. Sweeney, also known as Jerry, serves as President and Chief Executive Officer at Brandywine 3025 JFK II REIT, LLC. He serves as President, CEO & Director at One Commerce Square REIT LLC. He h...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gerard Sweeney	President	35.5yrs	US$6.01m	1.36% $ 10.3m
Thomas Wirth	Executive VP & CFO	10.2yrs	US$2.17m	0.30% $ 2.2m
George Johnstone	Executive Vice President of Operations	10.2yrs	US$1.64m	0.25% $ 1.9m
H. DeVuono	Executive VP & Senior MD of Life Sciences	15.8yrs	US$1.82m	0.26% $ 2.0m
William Redd	Executive VP & Senior MD of Austin and Metro DC Regions	16.3yrs	US$1.68m	0.18% $ 1.4m
George Hasenecz	Senior Vice President of Investments	14.3yrs	no data	no data
Daniel Palazzo	Senior VP	9.3yrs	no data	0.083% $ 627.0k
James Kurek	VP and Chief Technology & Innovation Officer	4.2yrs	no data	no data
Shawn Neuman	Senior VP	4.2yrs	no data	0.026% $ 198.1k
Laura Krebs Miller	Vice President of Marketing	5.2yrs	no data	no data
George Sowa	Executive VP & Senior MD of New Jersey & Delaware Region	17.7yrs	US$626.87k	no data
Regina Sitler	Senior Vice President of Portfolio Management	3.2yrs	no data	no data

10.2yrs

Average Tenure

60yo

Average Age

Experienced Management: B2X's management team is seasoned and experienced (10.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gerard Sweeney	President	30.3yrs	US$6.01m	1.36% $ 10.3m
James Diggs	Independent Chairman of the Board	13.2yrs	US$287.50k	0.058% $ 433.3k
Charles Pizzi	Independent Trustee	27.8yrs	US$215.50k	0.066% $ 495.9k
Joan Lau	Independent Trustee	1.4yrs	US$193.00k	0.018% $ 136.2k
Terri Herubin	Independent Trustee	6yrs	US$215.50k	0.048% $ 358.6k
H. Haverstick	Independent Trustee	7.4yrs	US$222.00k	0.047% $ 352.4k
Reginald DesRoches	Independent Trustee	3yrs	US$193.00k	0.027% $ 204.3k

7.4yrs

Average Tenure

66yo

Average Age

Experienced Board: B2X's board of directors are considered experienced (7.4 years average tenure).

Brandywine Realty Trust Management

Management criteria checks 3/4

Key information

Recent management updates

Brandywine Realty Trust, Annual General Meeting, May 23, 2024

Brandywine Realty Trust Appoints Joan Lau as A Trustee of its Board, Effective February 1, 2023

Insufficient new directors

Insufficient new directors

Brandywine Realty Trust, Annual General Meeting, May 18, 2022

Executive VP & CFO recently sold €60k worth of stock

Recent updates

First quarter 2024 earnings released: FFO per share: US$0.2 (vs US$0.30 in 1Q 2023)

Brandywine Realty Trust to Report Q2, 2024 Results on Jul 23, 2024

First quarter 2024 earnings released: US$0.097 loss per share (vs US$0.031 loss in 1Q 2023)

Brandywine Realty Trust Revises Earnings Guidance for the Year 2024

New minor risk - Share price stability

Brandywine Realty Trust, Annual General Meeting, May 23, 2024

Upcoming dividend of US$0.15 per share

Full year 2023 earnings released: FFO per share: US$1.2 (vs US$1.39 in FY 2022)

Fourth quarter dividend of US$0.15 announced

Brandywine Realty Trust Announces Common Quarterly Dividend, Payable on April 18, 2024

Full year 2023 earnings released: US$1.15 loss per share (vs US$0.31 profit in FY 2022)

Brandywine Realty Trust to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.15 per share at 11% yield

Brandywine Realty Trust Announces Common Quarterly Dividend, Payable on January 18, 2024

An unknown buyer acquired 17,884-square-foot 200 N. Radnor Chester Rd. from Brandywine Realty Trust (NYSE:BDN) for $14.2 million.

New major risk - Revenue and earnings growth

Brandywine Realty Trust to Report Q4, 2023 Results on Jan 31, 2024

Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.078 profit in 3Q 2022)

Upcoming dividend of US$0.15 per share at 14% yield

Brandywine Realty Trust Declares Quarterly Cash Dividend on Common Share, Payable on October 18, 2023

Brandywine Realty Trust Declares Quarterly Cash Dividend on Common Share, Payable on October 18, 2023

Brandywine Realty Trust to Report Q3, 2023 Results on Oct 24, 2023

Second quarter 2023 earnings released: US$0.075 loss per share (vs US$0.026 profit in 2Q 2022)

Upcoming dividend of US$0.19 per share at 16% yield

Investor sentiment improves as stock rises 17%

Brandywine Realty Trust Announces Common Quarterly Dividend, Payable on July 20, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: FFO per share: US$0.3 (vs US$0.35 in 1Q 2022)

Upcoming dividend of US$0.19 per share at 16% yield

Investor sentiment deteriorates as stock falls 19%

Brandywine Realty Trust Declares Quarterly Dividend, Payable on April 19, 2023

Full year 2022 earnings released: EPS: US$0.31 (vs US$0.069 in FY 2021)

Investor sentiment improves as stock rises 18%

Brandywine Realty Trust to Report Q1, 2023 Results on Apr 19, 2023

Upcoming dividend of US$0.19 per share

Brandywine Realty Trust Appoints Joan Lau as A Trustee of its Board, Effective February 1, 2023

Brandywine Realty Trust Announces Common Quarterly Dividend, Payable on January 19, 2023

Insufficient new directors

Brandywine Realty Trust to Report Q4, 2022 Results on Feb 01, 2023

Third quarter 2022 earnings released: EPS: US$0.078 (vs US$0.005 in 3Q 2021)

Brandywine Realty Trust Provides Earnings Guidance for the Year 2022

Upcoming dividend of US$0.19 per share

Brandywine Realty Trust Declares Quarterly Cash Dividend, Payable on October 20, 2022

Brandywine Realty Trust Provides Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: US$0.026 (vs US$0.002 loss in 2Q 2021)

Brandywine Realty Trust to Report Q3, 2022 Results on Oct 20, 2022

Upcoming dividend of US$0.19 per share

Brandywine Realty Trust Declares Quarterly Cash Dividend, Payable on July 20, 2022

First quarter 2022 earnings released: FFO: US$0 per share (vs US$0.35 in 1Q 2021)

Insufficient new directors

Brandywine Realty Trust to Report Q2, 2022 Results on Jul 25, 2022

Brandywine Realty Trust, Annual General Meeting, May 18, 2022

Upcoming dividend of US$0.19 per share

Brandywine Realty Trust Declares Quarterly Cash Dividend, Payable on April 20, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Brandywine Realty Trust Provides Earnings Guidance for the Year 2022

Upcoming dividend of US$0.19 per share

Brandywine Realty Trust Announces Construction Commence on $3 Billion 66-Acre Master-Planned Mixed-Use Community in the Heart of Austin’S Second Downtown

Executive VP & CFO recently sold €60k worth of stock

Third quarter 2021 earnings released: EPS US$0.006 (vs US$1.61 in 3Q 2020)

Upcoming dividend of US$0.19 per share

Second quarter 2021 earnings released: US$0.002 loss per share (vs US$0.023 profit in 2Q 2020)

Upcoming dividend of US$0.19 per share

Brandywine Realty Trust(NYSE:BDN) dropped from Russell 1000 Dynamic Index

Insider recently sold €98k worth of stock

Brandywine Realty Trust Declares Quarterly Cash Dividend, Payable on July 21, 2021

First quarter 2021 earnings released: EPS US$0.04 (vs US$0.045 in 1Q 2020)

Brandywine Realty Trust Reports Earnings Guidance for 2021