Equity Commonwealth Management
Management criteria checks 2/4
Equity Commonwealth's CEO is David Helfand, appointed in May 2014, has a tenure of 10.67 years. total yearly compensation is $7.79M, comprised of 12.2% salary and 87.8% bonuses, including company stock and options. directly owns 1.03% of the company’s shares, worth €1.91M. The average tenure of the management team and the board of directors is 10.7 years and 10.5 years respectively.
Key information
David Helfand
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 12.2% |
| CEO tenure | 10.7yrs |
| CEO ownership | 1.0% |
| Management average tenure | 10.7yrs |
| Board average tenure | 10.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$42m |
| Jun 30 2024 | n/a | n/a | US$94m |
| Mar 31 2024 | n/a | n/a | US$86m |
| Dec 31 2023 | US$8m | US$950k | US$83m |
| Sep 30 2023 | n/a | n/a | US$78m |
| Jun 30 2023 | n/a | n/a | US$64m |
| Mar 31 2023 | n/a | n/a | US$51m |
| Dec 31 2022 | US$6m | US$824k | US$29m |
| Sep 30 2022 | n/a | n/a | US$7m |
| Jun 30 2022 | n/a | n/a | -US$8m |
| Mar 31 2022 | n/a | n/a | -US$13m |
| Dec 31 2021 | US$6m | US$824k | -US$24m |
| Sep 30 2021 | n/a | n/a | -US$24m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | US$9m |
| Dec 31 2020 | US$5m | US$824k | US$443m |
| Sep 30 2020 | n/a | n/a | US$461m |
| Jun 30 2020 | n/a | n/a | US$484m |
| Mar 31 2020 | n/a | n/a | US$699m |
| Dec 31 2019 | US$6m | US$800k | US$485m |
| Sep 30 2019 | n/a | n/a | US$484m |
| Jun 30 2019 | n/a | n/a | US$493m |
| Mar 31 2019 | n/a | n/a | US$288m |
| Dec 31 2018 | US$6m | US$800k | US$265m |
Compensation vs Market: David's total compensation ($USD7.79M) is above average for companies of similar size in the German market ($USD898.34K).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
David Helfand (59 yo)
10.7yrs
Tenure
US$7,794,816
Compensation
Mr. David A. Helfand serves as Chairman of the Board at Equity Commonwealth since May 20, 2023. He serves as a Senior Advisor at Equity Group Investments since June 2023. He served as an Advisor at Equity...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.7yrs | US$7.79m | 1.03% € 1.9m | |
| Executive VP | 3.8yrs | US$2.57m | 0.086% € 159.8k | |
| Executive VP & COO | 10.7yrs | US$3.81m | 0.42% € 770.0k | |
| Executive VP | 10.7yrs | US$2.77m | 0.18% € 332.6k | |
| Senior VP & Chief Accounting Officer | 2.8yrs | no data | 0.0022% € 4.0k |
10.7yrs
Average Tenure
56yo
Average Age
Experienced Management: HP5A's management team is seasoned and experienced (10.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.7yrs | US$7.79m | 1.03% € 1.9m | |
| Independent Trustee | 10.5yrs | US$201.20k | 0.14% € 251.3k | |
| Independent Trustee | 10.5yrs | US$192.34k | 0% € 0 | |
| Lead Independent Trustee | 10.7yrs | US$241.05k | 0.046% € 85.3k | |
| Independent Trustee | 10.5yrs | US$208.26k | 0.045% € 84.1k | |
| Independent Trustee | 10.5yrs | US$207.34k | 0.080% € 147.7k | |
| Independent Trustee | 4.3yrs | US$202.81k | 0.020% € 37.7k |
10.5yrs
Average Tenure
70yo
Average Age
Experienced Board: HP5A's board of directors are seasoned and experienced ( 10.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 09:30 |
| End of Day Share Price | 2025/01/02 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Equity Commonwealth is covered by 7 analysts. 1 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 |
|---|---|
| Craig Kennison | Baird |
| Jing Xian Tan Bonnel | BofA Global Research |
| Nicholas Joseph | Citigroup Inc |