Healthpeak Properties Management

Management criteria checks 1/4

Healthpeak Properties' CEO is Scott Brinker, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $7.69M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth €3.29M. The average tenure of the management team and the board of directors is 5.8 years and 1.4 years respectively.

Key information

Scott Brinker

Chief executive officer

US$7.7m

Total compensation

CEO salary percentage	9.7%
CEO tenure	4.3yrs
CEO ownership	0.03%
Management average tenure	5.8yrs
Board average tenure	1.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Brinker's remuneration changed compared to Healthpeak Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$193m
Dec 31 2023	US$8m	US$750k	US$304m
Sep 30 2023	n/a	n/a	US$239m
Jun 30 2023	n/a	n/a	US$530m
Mar 31 2023	n/a	n/a	US$543m
Dec 31 2022	US$6m	US$750k	US$495m
Sep 30 2022	n/a	n/a	US$514m
Jun 30 2022	n/a	n/a	US$213m
Mar 31 2022	n/a	n/a	US$312m
Dec 31 2021	US$5m	US$750k	US$117m
Sep 30 2021	n/a	n/a	US$68m
Jun 30 2021	n/a	n/a	-US$17m
Mar 31 2021	n/a	n/a	-US$125m
Dec 31 2020	US$4m	US$750k	US$144m
Sep 30 2020	n/a	n/a	US$326m
Jun 30 2020	n/a	n/a	US$311m
Mar 31 2020	n/a	n/a	US$240m
Dec 31 2019	US$4m	US$650k	US$159m
Sep 30 2019	n/a	n/a	US$831m
Jun 30 2019	n/a	n/a	US$976m
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$10m	US$542k	US$822m

Compensation vs Market: Scott's total compensation ($USD7.69M) is above average for companies of similar size in the German market ($USD5.01M).

Compensation vs Earnings: Scott's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Scott Brinker (46 yo)

4.3yrs

Tenure

US$7,692,510

Compensation

Mr. Scott M. Brinker is President of Healthpeak Properties, Inc. since January 1, 2020 and serves as its Chief Executive Officer since October 06, 2022. He serves as President & CEO at HCP/LS 2011 Reit LLC...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Brinker	President	4.3yrs	US$7.69m	0.026% $ 3.3m
Peter Scott	Chief Financial Officer	7.3yrs	US$4.22m	0.023% $ 2.9m
Thomas Klaritch	Chief Operating Officer	6.8yrs	US$3.49m	0.048% $ 6.0m
Scott Bohn	Chief Development Officer & Head of Lab	5.3yrs	US$2.14m	0.0027% $ 334.6k
Ankit Patadia	Executive Vice President of Finance & Treasurer	5.3yrs	US$2.16m	0.00087% $ 109.9k
Adam Mabry	Chief Investment Officer	1.6yrs	US$2.35m	0.00053% $ 66.9k
Shawn Johnston	Executive VP & Chief Accounting Officer	6.8yrs	no data	0.0056% $ 707.1k
Andrew Johns	Senior Vice President of Investor Relations	2.3yrs	no data	no data
Jeffrey Miller	General Counsel	1.5yrs	no data	0.0044% $ 560.6k
Lisa Alonso	Executive VP & Chief Human Resources Officer	6.3yrs	no data	0.0023% $ 289.2k
James Croy	Senior Vice President of Leasing - Outpatient Medical	9.3yrs	no data	no data
Antonio Acevedo	Senior Vice President of Asset Management - Outpatient Medical	10.3yrs	no data	no data

5.8yrs

Average Tenure

45yo

Average Age

Experienced Management: HC5's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Brinker	President	1.6yrs	US$7.69m	0.026% $ 3.3m
Kenneth Roath	Chairman Emeritus	19yrs	US$214.98k	no data
Sara Lewis	Independent Director	4.5yrs	US$304.00k	0.0073% $ 924.3k
Brian Cartwright	Independent Director	10.8yrs	US$358.67k	0.0076% $ 959.7k
James Connor	Independent Director	1.2yrs	US$238.54k	0.0012% $ 147.7k
Thomas Thompson	Independent Director	less than a year	no data	0.016% $ 2.0m
John Thomas	Vice Chair of the Board	less than a year	no data	0.12% $ 14.8m
R. Griffin	Independent Director	6yrs	US$307.50k	0.0086% $ 1.1m
Ava Lias-Booker	Independent Director	less than a year	no data	0.0015% $ 185.6k
Richard Weiss	Independent Director	less than a year	no data	0.0070% $ 887.7k
Katherine Sandstrom	Independent Chairman of the Board	5.8yrs	US$390.93k	0.0039% $ 488.7k
Pamela Kessler	Independent Director	less than a year	no data	0.0047% $ 588.4k

1.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: HC5's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Healthpeak Properties Management

Management criteria checks 1/4

Key information

Recent management updates

Healthpeak Properties, Inc., Annual General Meeting, Apr 25, 2024

Independent Director recently bought €81k worth of stock

High number of new directors

CEO, President & Director recently bought €363k worth of stock

High number of new directors

Healthpeak Properties Announces Management Changes

Recent updates

First quarter dividend of US$0.30 announced

Healthpeak Properties, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on May 17, 2024

First quarter 2024 earnings released: EPS: US$0.011 (vs US$0.21 in 1Q 2023)

Healthpeak Properties, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Healthpeak Properties, Inc., Annual General Meeting, Apr 25, 2024

New minor risk - Shareholder dilution

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Healthpeak Properties, Inc. (NYSE:PEAK) completed the acquisition of Physicians Realty Trust (NYSE:DOC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., State Street Corporation (NYSE:STT) and others.

Healthpeak Properties, Inc. has filed a Follow-on Equity Offering.

Healthpeak Properties, Inc. Provides Earnings Guidance for the Full Year 2024

Full year 2023 earnings released: EPS: US$0.56 (vs US$0.92 in FY 2022)

Upcoming dividend of US$0.30 per share at 6.7% yield

Third quarter dividend of US$0.30 announced

Healthpeak Properties, Inc. to Report Q4, 2023 Results on Feb 08, 2024

Healthpeak Properties, Inc. Declares Quarterly Cash Dividend, Payable on February 26, 2024

New major risk - Revenue and earnings growth

Healthpeak Properties, Inc. (NYSE:PEAK) entered into a definitive agreement to acquire Physicians Realty Trust (NYSE:DOC) for approximately $2.7 billion in a merger of equals transaction.

Healthpeak Properties, Inc. to Report Q3, 2023 Results on Oct 30, 2023

Healthpeak Properties, Inc. Revises Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$0.095 (vs US$0.12 in 2Q 2022)

Healthpeak Properties, Inc. to Report Q2, 2023 Results on Jul 27, 2023

First quarter 2023 earnings released: FFO per share: US$0.4 (vs US$0.45 in 1Q 2022)

Independent Director recently bought €81k worth of stock

High number of new directors

CEO, President & Director recently bought €363k worth of stock

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$0.92 (vs US$0.22 in FY 2021)

Healthpeak Properties, Inc. Provides Earnings Guidance for the Full Year 2023

Healthpeak Properties, Inc. Declares Quarterly Cash Dividend, Payable on February 23, 2023

Now 20% undervalued

Healthpeak Properties, Inc. to Report Q4, 2022 Results on Feb 07, 2023

Now 20% undervalued after recent price drop

Third quarter 2022 earnings released: FFO per share: US$0.4 (vs US$0.36 in 3Q 2021)

Healthpeak Properties, Inc. Revises Earnings Guidance for the Year 2022

Healthpeak Properties, Inc. Revises Earnings Guidance for the Year 2022

Healthpeak Properties, Inc. Declares Quarterly Cash Dividend, Payable on November 18, 2022

High number of new directors

Healthpeak Properties Announces Management Changes

Healthpeak Properties, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Healthpeak Properties, Inc. (NYSE:PEAK) announces an Equity Buyback for $500 million worth of its shares.

Healthpeak Properties, Inc. (NYSE:PEAK) announces an Equity Buyback for $500 million worth of its shares.

Second quarter 2022 earnings released: EPS: US$0.12 (vs US$0.30 in 2Q 2021)

Healthpeak Properties, Inc. Revises Earnings Guidance for the Year 2022

Healthpeak Properties Declares Quarterly Cash Dividend on Common Stock, Payable on August 19, 2022

Healthpeak Properties, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Healthpeak Properties, Inc. Announces the Resignation of Lydia H. Kennard from the Board of Directors

Healthpeak Properties, Inc. (NYSE:PEAK) acquired Two Medical Office Buildings Located in Houston for $43 million

First quarter 2022 earnings released: EPS: US$0.13 (vs US$0.23 loss in 1Q 2021)

Healthpeak Properties, Inc. to Report Q1, 2022 Results on May 03, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Healthpeak Properties, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of US$0.30 per share

Healthpeak Properties, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on February 22, 2022

Third quarter 2021 earnings released: EPS US$0.10 (vs US$0.12 loss in 3Q 2020)

Healthpeak Properties, Inc. (NYSE:PEAK) acquired three buildings totaling 537,000 square feet in Morristown, New Jersey for approximately $160 million.

Second quarter 2021 earnings released: EPS US$0.30 (vs US$0.095 in 2Q 2020)

Westside MOB LLC and Healthpeak Properties, Inc. (NYSE:PEAK) acquired The Westside Medical Arts Building near Westside Regional Medical Center in Plantation from Westside Medical Center Development LLC for $15.5 million.

Healthpeak Properties, Inc. (NYSE:PEAK) agreed to acquire 14-property medical office portfolio from Core Fund and U.S. Opportunity Funds of Harrison Street Real Estate Capital, LLC for approximately $370 million.

Healthpeak Properties, Inc. (NYSE:PEAK) acquired Two Medical Buildings Located in Burnsville Medical Campus from Harrison Street Real Estate Capital, LLC for $35 million.

Independent Director recently sold €132k worth of stock

First quarter 2021 earnings released: FFO US$0.075 per share (vs US$0.35 in 1Q 2020)

Healthpeak Properties, Inc. (NYSE:PEAK) acquired Sky Ridge Medical Center campus in Denver, Colorado for $38 million.

Healthpeak Properties, Inc. Provides Earnings Guidance for the Full Year 2021

Healthpeak Properties Declares Quarterly Cash Dividend on Common Stock, Payable on May 21, 2021

Healthpeak Properties, Inc., Annual General Meeting, Apr 28, 2021

New 90-day high: €25.56

Welltower Inc. (NYSE:WELL) acquired HarborChase of Jacksonville from Healthpeak Properties, Inc. (NYSE:PEAK) for $17 million.

Full year 2020 earnings released: FFO US$1.31 per share (vs US$1.61 in FY 2019)