Easterly Government Properties Management
Management criteria checks 1/4
Easterly Government Properties' CEO is Darrell Crate, appointed in Jan 2024, has a tenure of 1.33 years. total yearly compensation is $4.63M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €1.26M. The average tenure of the management team and the board of directors is 1.4 years and 10.3 years respectively.
Key information
Darrell Crate
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 17.30% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.4yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$17m |
| Dec 31 2024 | US$5m | US$800k | US$19m |
| Sep 30 2024 | n/a | n/a | US$18m |
| Jun 30 2024 | n/a | n/a | US$18m |
| Mar 31 2024 | n/a | n/a | US$19m |
| Dec 31 2023 | US$3m | US$575k | US$18m |
| Sep 30 2023 | n/a | n/a | US$30m |
| Jun 30 2023 | n/a | n/a | US$25m |
| Mar 31 2023 | n/a | n/a | US$27m |
| Dec 31 2022 | US$3m | US$525k | US$31m |
| Sep 30 2022 | n/a | n/a | US$22m |
| Jun 30 2022 | n/a | n/a | US$29m |
| Mar 31 2022 | n/a | n/a | US$30m |
| Dec 31 2021 | US$3m | US$525k | US$30m |
| Sep 30 2021 | n/a | n/a | US$25m |
| Jun 30 2021 | n/a | n/a | US$21m |
| Mar 31 2021 | n/a | n/a | US$17m |
| Dec 31 2020 | US$3m | US$525k | US$12m |
| Sep 30 2020 | n/a | n/a | US$11m |
| Jun 30 2020 | n/a | n/a | US$7m |
| Mar 31 2020 | n/a | n/a | US$9m |
| Dec 31 2019 | US$3m | US$500k | US$7m |
| Sep 30 2019 | n/a | n/a | US$6m |
| Jun 30 2019 | n/a | n/a | US$7m |
| Mar 31 2019 | n/a | n/a | US$3m |
| Dec 31 2018 | US$2m | US$325k | US$5m |
Compensation vs Market: Darrell's total compensation ($USD4.63M) is above average for companies of similar size in the German market ($USD1.25M).
Compensation vs Earnings: Darrell's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Darrell Crate (57 yo)
1.3yrs
Tenure
US$4,625,303
Compensation
Mr. Darrell William Crate is CEO & Director of Easterly Government Properties, Inc. from January 01, 2024. He was CEO, President & Director of Easterly Government Properties, Inc. from September 13, 2024 t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$4.63m | 0.14% € 1.3m | |
| Vice Chairman of the Board and Executive VP of Development & Acquisitions | 10.3yrs | US$2.75m | 0.019% € 163.9k | |
| Executive VP & CFO | 1.4yrs | US$1.11m | 0.0052% € 45.5k | |
| Executive VP | 7.3yrs | US$948.67k | 0.00094% € 8.2k | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Vice President of Corporate Finance | 3.3yrs | no data | no data | |
| Senior Vice President of Investor Relations & Operations | 1.2yrs | no data | no data | |
| Executive Vice President of Acquisitions & Portfolio Management | no data | no data | no data | |
| Executive Vice President of Development | no data | no data | no data | |
| Senior VP & Chief Asset Officer | no data | no data | no data | |
| Executive Vice President of Government Relations | no data | no data | 0.00018% € 1.6k | |
| Supervisory VP & Head of Asset Management Operations | no data | no data | no data |
1.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: E050's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.3yrs | US$4.63m | 0.14% € 1.3m | |
| Vice Chairman of the Board and Executive VP of Development & Acquisitions | 10.3yrs | US$2.75m | 0.019% € 163.9k | |
| Independent Director | 10.3yrs | US$189.99k | 0.052% € 453.1k | |
| Independent Director | 10.3yrs | US$214.99k | 0.12% € 1.1m | |
| Independent Chairman | 10.3yrs | US$214.99k | 0.031% € 267.1k | |
| Independent Director | 5yrs | US$189.99k | 0.030% € 260.0k | |
| Independent Director | 5.3yrs | US$214.99k | 0.014% € 119.5k |
10.3yrs
Average Tenure
63yo
Average Age
Experienced Board: E050's board of directors are seasoned and experienced ( 10.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/17 09:00 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Easterly Government Properties, Inc. is covered by 13 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 |
|---|---|
| Juan Sanabria | BMO Capital Markets Equity Research |
| John Kim | BMO Capital Markets Equity Research |
| Merrill Ross | Boenning & Scattergood, Inc. |