Regency Centers Management

Management criteria checks 3/4

Regency Centers' CEO is Lisa Palmer, appointed in Jan 2016, has a tenure of 8.92 years. total yearly compensation is $9.27M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth €9.25M. The average tenure of the management team and the board of directors is 5 years and 6.7 years respectively.

Key information

Lisa Palmer

Chief executive officer

US$9.3m

Total compensation

CEO salary percentage	10.8%
CEO tenure	8.9yrs
CEO ownership	0.07%
Management average tenure	5yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lisa Palmer's remuneration changed compared to Regency Centers's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$390m
Jun 30 2024	n/a	n/a	US$381m
Mar 31 2024	n/a	n/a	US$369m
Dec 31 2023	US$9m	US$1m	US$360m
Sep 30 2023	n/a	n/a	US$368m
Jun 30 2023	n/a	n/a	US$367m
Mar 31 2023	n/a	n/a	US$385m
Dec 31 2022	US$9m	US$1m	US$483m
Sep 30 2022	n/a	n/a	US$455m
Jun 30 2022	n/a	n/a	US$485m
Mar 31 2022	n/a	n/a	US$476m
Dec 31 2021	US$7m	US$900k	US$361m
Sep 30 2021	n/a	n/a	US$332m
Jun 30 2021	n/a	n/a	US$227m
Mar 31 2021	n/a	n/a	US$151m
Dec 31 2020	US$5m	US$825k	US$45m
Sep 30 2020	n/a	n/a	US$47m
Jun 30 2020	n/a	n/a	US$91m
Mar 31 2020	n/a	n/a	US$124m
Dec 31 2019	US$3m	US$610k	US$239m
Sep 30 2019	n/a	n/a	US$278m
Jun 30 2019	n/a	n/a	US$291m
Mar 31 2019	n/a	n/a	US$287m
Dec 31 2018	US$3m	US$590k	US$249m
Sep 30 2018	n/a	n/a	US$255m
Jun 30 2018	n/a	n/a	US$245m
Mar 31 2018	n/a	n/a	US$246m
Dec 31 2017	US$3m	US$570k	US$160m

Compensation vs Market: Lisa's total compensation ($USD9.27M) is above average for companies of similar size in the German market ($USD4.86M).

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

CEO

Lisa Palmer (56 yo)

8.9yrs

Tenure

US$9,269,035

Compensation

Ms. Lisa Palmer has been Chief Executive Officer of Regency Centers Corporation, General Partner of Regency Centers Corporation, since January 1, 2020 and its President since January 1, 2016. She served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Martin Stein	Non Independent Executive Chairman of the Board	31.9yrs	US$1.58m	0.36% € 45.9m
Lisa Palmer	President	8.9yrs	US$9.27m	0.072% € 9.3m
Michael Mas	Executive VP & CFO	5.3yrs	US$3.49m	0.034% € 4.4m
Alan Roth	COO & President of East Region	less than a year	US$2.43m	0.0092% € 1.2m
Nicholas Wibbenmeyer	Chief Investment Officer & President of West Region	less than a year	US$2.42m	0.013% € 1.6m
Terah Devereaux	Senior VP	3.6yrs	no data	0.0084% € 1.1m
Mitch Walters	Senior VP & Chief Information Officer	1.2yrs	no data	no data
Michael Herman	Senior VP	4.6yrs	no data	0.0072% € 926.2k
Jan Hanak	Vice President of Marketing & Communications	9.3yrs	no data	no data
Amy D'Olimpio	Senior Vice President of Human Resources	no data	no data	no data
Mike Kinsella	Senior VP of the Southeast Region & Senior Market Officer	16.9yrs	no data	no data
Patrick Krejs	Managing Director	15.9yrs	no data	no data

5.0yrs

Average Tenure

48yo

Average Age

Experienced Management: RRC's management team is considered experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Martin Stein	Non Independent Executive Chairman of the Board	31.9yrs	US$1.58m	0.36% € 45.9m
Lisa Palmer	President	6.7yrs	US$9.27m	0.072% € 9.3m
Bryce Blair	Independent Director	10.2yrs	US$245.05k	0.016% € 2.1m
C. Blankenship	Lead Independent Director	23.9yrs	US$275.01k	0.060% € 7.7m
Thomas Furphy	Independent Director	5.6yrs	US$229.85k	0.0057% € 733.0k
Peter Linneman	Independent Director	7.8yrs	US$225.05k	0.028% € 3.6m
Gary Anderson	Independent Director	less than a year	no data	no data
Karin Klein	Independent Director	5.6yrs	US$238.29k	0.011% € 1.4m
David O'Connor	Independent Director	13.3yrs	US$235.05k	0.016% € 2.0m
James Simmons	Independent Director	3.6yrs	US$225.05k	0.0022% € 287.3k
Kristin Campbell	Independent Director	1.9yrs	US$255.88k	0.0015% € 198.4k
Deirdre Evens	Independent Director	6.7yrs	US$240.05k	0.010% € 1.3m

6.7yrs

Average Tenure

60yo

Average Age

Experienced Board: RRC's board of directors are considered experienced (6.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 14:07
End of Day Share Price	2024/12/20 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Regency Centers Corporation is covered by 41 analysts. 8 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
Jacob Kilstein	Argus Research Company
Wesley Golladay	Baird
Ross Smotrich	Barclays

Regency Centers Management

Management criteria checks 3/4

Key information

Recent management updates

Key Executive recently sold €1.6m worth of stock

Regency Centers Corporation Announces Appointment of Gary E. Anderson to Board of Directors, Effective as of August 1, 2024

Insufficient new directors

Regency Centers Corporation, Annual General Meeting, May 01, 2024

President recently sold €1.4m worth of stock

Regency Centers Corporation Announces Executive Changes

Recent updates

Third quarter dividend of US$0.70 announced

Third quarter 2024 earnings released: EPS: US$0.54 (vs US$0.50 in 3Q 2023)

An undisclosed buyer acquired An office building located in Greenwich, Connecticut from Regency Centers Corporation (NasdaqGS:REG) for $3 million.

Regency Centers Corporation to Report Q3, 2024 Results on Oct 28, 2024

Upcoming dividend of US$0.67 per share

Second quarter dividend of US$0.67 announced

Key Executive recently sold €1.6m worth of stock

Second quarter 2024 earnings released: EPS: US$0.54 (vs US$0.51 in 2Q 2023)

Regency Centers Corporation (NasdaqGS:REG) announces an Equity Buyback for $250 million worth of its shares.

Regency Centers Corporation Announces Appointment of Gary E. Anderson to Board of Directors, Effective as of August 1, 2024

Regency Centers Corporation to Report Q2, 2024 Results on Aug 01, 2024

Upcoming dividend of US$0.67 per share

Insufficient new directors

First quarter dividend of US$0.67 announced

First quarter 2024 earnings released: EPS: US$0.58 (vs US$0.57 in 1Q 2023)

Regency Centers Corporation Provides Updated Guidance for the Full Year of 2024

Regency Centers Corporation to Report Q1, 2024 Results on May 02, 2024

Regency Centers Corporation, Annual General Meeting, May 01, 2024

Upcoming dividend of US$0.67 per share

New minor risk - Insider selling

President recently sold €1.4m worth of stock

Fourth quarter dividend of US$0.67 announced

Full year 2023 earnings released: FFO per share: US$4.2 (vs US$4.13 in FY 2022)

Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on April 3, 2024

Regency Centers Corporation to Report Q4, 2023 Results on Feb 08, 2024

Now 20% undervalued

Regency Centers Corporation Announces Executive Changes

Upcoming dividend of US$0.67 per share at 4.2% yield

Third quarter 2023 earnings released: EPS: US$0.52 (vs US$0.51 in 3Q 2022)

Regency Centers Corporation Revises Earnings Guidance for the Full Year 2023

Regency Centers Corporation (NasdaqGS:REG) acquired Nohl Plaza in Orange County, California.

Regency Centers Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.65 per share at 4.2% yield

Regency Centers Corporation (NasdaqGS:REG) completed the acquisition of Urstadt Biddle Properties Inc. (NYSE:UBA) from a group of shareholders.

Key Executive recently sold €7.6m worth of stock

Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on October 4, 2023

Regency Centers Corporation Revises Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$0.51 (vs US$0.61 in 2Q 2022)

Now 20% undervalued

Regency Centers Corporation to Report Q2, 2023 Results on Aug 03, 2023

Now 21% undervalued

Upcoming dividend of US$0.65 per share at 4.5% yield

Regency Centers Corporation (NasdaqGS:REG) entered into definitive agreement to acquire Urstadt Biddle Properties Inc. (NYSE:UBA) for approximately $800 million.

First quarter 2023 earnings released: EPS: US$0.57 (vs US$1.14 in 1Q 2022)

Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on July 6, 2023

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.65 per share at 4.1% yield

President recently sold €928k worth of stock

Full year 2022 earnings released: FFO per share: US$4.1 (vs US$4.05 in FY 2021)

Regency Centers Corporation (NasdaqGS:REG) announces an Equity Buyback for $250 million worth of its shares.

Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on April 5, 2023

Regency Centers Corporation Announces Executive Changes

Regency Centers Corporation to Report Q4, 2022 Results on Feb 09, 2023

Upcoming dividend of US$0.65 per share

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.51 (vs US$0.69 in 3Q 2021)

Regency Centers Corporation Declares Quarterly Cash Dividend, Payable on January 4, 2023

Regency Centers Corporation Appoints Kristin A. Campbell to the Company's Board of Directors and on the Board's Nominating and Governance Committee and Compensation Committee

Regency Centers Announces Appointment of Kristin Campbell to Board of Directors, Effective as of January 15, 2023

Regency Centers Corporation to Report Q3, 2022 Results on Nov 03, 2022

Regency Centers Corporation Announces Leadership Promotions and Expanded Roles, Effective January 1, 2023

Upcoming dividend of US$0.63 per share

Second quarter 2022 earnings released: EPS: US$0.61 (vs US$0.56 in 2Q 2021)

Regency Centers Corporation Provides Earnings Guidance for the Full Year 2022

Regency Centers Corporation to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of US$0.63 per share

J. Christian Leavitt Intends to Retire as Senior Vice President, Treasurer, and Principal Accounting Officer of Regency Centers Corporation

Insufficient new directors