Orion Office REIT Management
Management criteria checks 1/4
Orion Office REIT's CEO is Paul McDowell, appointed in Nov 2021, has a tenure of 2.83 years. total yearly compensation is $3.46M, comprised of 16.3% salary and 83.7% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth €156.72K. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.
Key information
Paul McDowell
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 16.3% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.08% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$93m |
| Mar 31 2024 | n/a | n/a | -US$75m |
| Dec 31 2023 | US$3m | US$564k | -US$57m |
| Sep 30 2023 | n/a | n/a | -US$60m |
| Jun 30 2023 | n/a | n/a | -US$97m |
| Mar 31 2023 | n/a | n/a | -US$96m |
| Dec 31 2022 | US$3m | US$550k | -US$97m |
| Sep 30 2022 | n/a | n/a | -US$133m |
| Jun 30 2022 | n/a | n/a | -US$82m |
| Mar 31 2022 | n/a | n/a | -US$62m |
| Dec 31 2021 | US$959k | US$95k | -US$47m |
Compensation vs Market: Paul's total compensation ($USD3.46M) is above average for companies of similar size in the German market ($USD790.77K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul McDowell (64 yo)
2.8yrs
Tenure
US$3,455,759
Compensation
Mr. Paul H. McDowell, J.D., has been President of Office & Industrial Group at ARC Advisory Services, LLC since September 27, 2013. He has been Director, Chief Executive Officer and President of Orion Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.8yrs | US$3.46m | 0.076% $ 156.7k | |
| Executive VP | 2.8yrs | US$1.79m | 0.033% $ 67.8k | |
| COO & Executive VP | 2.8yrs | US$1.27m | 0.027% $ 56.0k | |
| Chief Investment Officer & Executive VP | 2.8yrs | US$1.25m | 0.020% $ 41.6k | |
| Chief Accounting Officer | no data | no data | 0.011% $ 23.2k | |
| Chief Administrative Officer | 1.7yrs | no data | no data | |
| General Counsel & Secretary | 2.8yrs | no data | 0.014% $ 29.5k | |
| Senior VP & Head of Property Management | no data | no data | no data | |
| Senior Vice President of Investments | less than a year | no data | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Management: OY9's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.8yrs | US$3.46m | 0.076% $ 156.7k | |
| Independent Director | 2.8yrs | US$167.99k | 0.066% $ 137.5k | |
| Independent Director | 2.8yrs | US$182.99k | 0.050% $ 104.2k | |
| Independent Director | 2.8yrs | US$187.99k | 0.052% $ 108.6k | |
| Independent Non-Executive Chairman | 2.8yrs | US$231.24k | 0.065% $ 134.0k |
2.8yrs
Average Tenure
64yo
Average Age
Experienced Board: OY9's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.