Sabra Health Care REIT Management

Management criteria checks 3/4

Sabra Health Care REIT's CEO is Rick Matros, appointed in May 2010, has a tenure of 13.92 years. total yearly compensation is $8.22M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth €27.95M. The average tenure of the management team and the board of directors is 3.3 years and 5.9 years respectively.

Key information

Rick Matros

Chief executive officer

US$8.2m

Total compensation

CEO salary percentage	11.3%
CEO tenure	13.9yrs
CEO ownership	0.9%
Management average tenure	3.3yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rick Matros's remuneration changed compared to Sabra Health Care REIT's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$8m	US$925k	US$14m
Sep 30 2023	n/a	n/a	-US$88m
Jun 30 2023	n/a	n/a	-US$123m
Mar 31 2023	n/a	n/a	-US$128m
Dec 31 2022	US$7m	US$925k	-US$78m
Sep 30 2022	n/a	n/a	-US$17m
Jun 30 2022	n/a	n/a	US$43m
Mar 31 2022	n/a	n/a	-US$106m
Dec 31 2021	US$6m	US$925k	-US$113m
Sep 30 2021	n/a	n/a	-US$52m
Jun 30 2021	n/a	n/a	-US$26m
Mar 31 2021	n/a	n/a	US$137m
Dec 31 2020	US$5m	US$925k	US$138m
Sep 30 2020	n/a	n/a	US$141m
Jun 30 2020	n/a	n/a	US$128m
Mar 31 2020	n/a	n/a	US$182m
Dec 31 2019	US$6m	US$900k	US$69m
Sep 30 2019	n/a	n/a	US$10m
Jun 30 2019	n/a	n/a	US$22m
Mar 31 2019	n/a	n/a	US$132m
Dec 31 2018	US$5m	US$850k	US$269m
Sep 30 2018	n/a	n/a	US$390m
Jun 30 2018	n/a	n/a	US$367m
Mar 31 2018	n/a	n/a	US$192m
Dec 31 2017	US$5m	US$850k	US$148m

Compensation vs Market: Rick's total compensation ($USD8.22M) is above average for companies of similar size in the German market ($USD2.56M).

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

CEO

Rick Matros (69 yo)

13.9yrs

Tenure

US$8,219,499

Compensation

Mr. Richard K. Matros, also known as Rick, is Director of INSPIRIS, Inc. He is Chairman of Sabra Health Care REIT, Inc. from November 04, 2010 and Director, President & CEO since May 2010. From 1998 until...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Richard Matros	Chairman	13.9yrs	US$8.22m	0.93% $ 27.9m
Michael Costa	Executive VP	2.3yrs	US$2.95m	0.044% $ 1.3m
Talya Nevo-Hacohen	Executive VP	13.4yrs	US$3.57m	0.32% $ 9.8m
Jessica Flores	Executive VP	less than a year	no data	0.026% $ 770.2k
Peter Nyland	Executive Vice President of Asset Management	11.3yrs	no data	no data
Darrin Smith	Executive Vice President of Investments	4.1yrs	no data	no data
Lukas Hartwich	Senior Vice President of Finance	2.5yrs	no data	no data
Eliza Gozar	Senior Vice President of Investments	2.5yrs	no data	no data

3.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SBC's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Matros	Chairman	13.9yrs	US$8.22m	0.93% $ 27.9m
Michael Foster	Lead Independent Director	13.4yrs	US$251.89k	0.029% $ 874.4k
Jeffrey Malehorn	Independent Director	6.7yrs	US$236.89k	0.014% $ 435.2k
Lynne Katzmann	Independent Director	5.1yrs	US$234.30k	0% $ 0
Craig Barbarosh	Independent Director	13.4yrs	US$248.39k	0.030% $ 917.4k
Clifton Porter	Independent Director	3.3yrs	US$220.39k	0.00023% $ 6.9k
Ann Kono	Independent Director	3.3yrs	US$218.39k	0% $ 0
Katie Cusack	Independent Director	3.3yrs	US$216.39k	no data

5.9yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SBC's board of directors are considered experienced (5.9 years average tenure).

Sabra Health Care REIT Management

Management criteria checks 3/4

Key information

Recent management updates

Sabra Health Care REIT, Inc., Annual General Meeting, Jun 13, 2024

Sabra Health Care REIT, Inc. Announces Executive Changes

Insufficient new directors

Sabra Health Care REIT, Inc., Annual General Meeting, Jun 14, 2022

Sabra Health Care REIT, Inc. Announces Resignation of Raymond J. Lewis as Board of Directors

Consultant recently sold €1.3m worth of stock

Recent updates

Sabra Health Care REIT, Inc., Annual General Meeting, Jun 13, 2024

Sabra Health Care REIT, Inc. to Report Q1, 2024 Results on May 08, 2024

Sabra Health Care REIT, Inc. Declares Quarterly Cash Dividend, Payable on February 29, 2024

Full year 2023 earnings released: EPS: US$0.059 (vs US$0.34 loss in FY 2022)

Sabra Health Care REIT, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Sabra Health Care REIT, Inc. Announces Executive Changes

Insufficient new directors

Third quarter 2023 earnings released: US$0.065 loss per share (vs US$0.22 loss in 3Q 2022)

Sabra Health Care REIT, Inc. to Report Q3, 2023 Results on Nov 06, 2023

Sabra Health Care Reit, Inc. Declares A Quarterly Cash Dividend, Payable on August 31, 2023

Second quarter 2023 earnings released: EPS: US$0.092 (vs US$0.073 in 2Q 2022)

Sabra Health Care REIT, Inc. to Report Q2, 2023 Results on Aug 07, 2023

First quarter 2023 earnings released: US$0.041 loss per share (vs US$0.18 profit in 1Q 2022)

Sabra Health Care Reit, Inc. Reports Impairment Charges for Three Months Ended March 31, 2023

Sabra Health Care Reit, Inc. Declares Quarterly Cash Dividend, Payable on May 31, 2023

Full year 2022 earnings released: US$0.34 loss per share (vs US$0.52 loss in FY 2021)

The Ensign Group, Inc. (NasdaqGS:ENSG) completed the acquisition of Twenty skilled nursing operations of Sabra Health Care in the state of California.

Sabra Health Care REIT, Inc. to Report Q4, 2022 Results on Feb 21, 2023

Third quarter 2022 earnings released: FFO per share: US$0.3 (vs US$0.28 in 3Q 2021)

The Ensign Group, Inc. (NasdaqGS : ENSG) entered into an agreement to acquire Twenty skilled nursing operations in the state of California from Sabra Health Care REIT, Inc. (NasdaqGS : SBRA).

Sabra Health Care REIT, Inc. Declares Quarterly Cash Dividend, Payable on November 30, 2022

Sabra Health Care REIT, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Upcoming dividend of US$0.30 per share

Second quarter 2022 earnings released: EPS: US$0.073 (vs US$0.61 loss in 2Q 2021)

Sabra Health Care REIT, Inc. Reports Impairment Charges for the Second Quarter Ended June 30, 2022

Sabra Health Care REIT, Inc. to Report Q2, 2022 Results on Aug 03, 2022

The Ensign Group, Inc. (NasdaqGS:ENSG) acquired the Real Estate and Operations of McKinney Healthcare and Rehabilitation Center from Sabra Health Care REIT, Inc. (NasdaqGS:SBRA).

Sienna Senior Living Inc. (TSX:SIA) and Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) completed the acquisition of Portfolio of Eleven Private-Pay Retirement Residences in Ontario and Saskatchewan from Extendicare Inc. (TSX:EXE) for approximately CAD 310 million.

First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.16 in 1Q 2021)

Sabra Health Care REIT, Inc. Declares Quarterly Cash Dividend, Payable on May 31, 2022

Sabra Health Care REIT, Inc., Annual General Meeting, Jun 14, 2022

Sabra Health Care REIT, Inc. to Report Q1, 2022 Results on May 04, 2022

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

An unknown buyer acquired Four Skilled Nursing/Transitional Care Facilities, Two Senior Housing Communities and Two Hospitals from Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) for $85.9 million.

Sabra Health Care REIT, Inc. Announces Resignation of Raymond J. Lewis as Board of Directors

Sienna Senior Living Inc. (TSX:SIA) and Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) entered into an agreement to acquire Portfolio of Eleven Private-Pay Retirement Residences in Ontario and Saskatchewan from Extendicare Inc. (TSX:EXE) for approximately CAD 310 million.

Sabra Health Care REIT, Inc. Declares Quarterly Cash Dividend, Payable on February 28, 2022

Consultant recently sold €1.3m worth of stock

Third quarter 2021 earnings released: EPS US$0.046 (vs US$0.18 in 3Q 2020)

Upcoming dividend of US$0.30 per share

Second quarter 2021 earnings released: US$0.61 loss per share (vs US$0.14 profit in 2Q 2020)

An unknown buyer acquired Two Skilled Nursing/Transitional Care Facilities from Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) for $5.3 million.

First quarter 2021 earnings released: EPS US$0.16 (vs US$0.17 in 1Q 2020)

Sabra Health Care Reit, Inc. Declares Quarterly Cash Dividend, Payable May 28, 2021

Lead Independent Director recently sold €87k worth of stock

New 90-day high: €15.21

Full year 2020 earnings released: EPS US$0.67 (vs US$0.37 in FY 2019)

Revenue beats expectations

Sabra Health Care REIT, Inc. to Report Q4, 2020 Results on Feb 22, 2021

Sabra Health Care REIT, Inc.(NasdaqGS:SBRA) dropped from S&P 600

Sabra Health Care REIT Appoints Katie Cusack to Its Board of Directors

Sabra Health Care REIT, Inc. Appoints Ann Kono to Board of Directors

Sabra Health Care REIT, Inc. Appoints Ann Kono to Board of Directors

New 90-day high: €14.86

Market bids up stock over the past week

Third quarter 2020 earnings released: EPS US$0.18

New 90-day low: €11.18

An unknown buyer acquired Skilled Nursing/Transitional Care Facility leased to Genesis from Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) for $18.4 million.

First half earnings released

An unknown buyer acquired three Skilled Nursing/Transitional Care facilities from Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) for $6.8 million.

Sabra Health Care REIT, Inc. (NasdaqGS:SBRA) completed the acquisition of Traditions of Brookside for $33.4 million.

Sabra Health Care REIT, Inc. to Report Q2, 2020 Results on Aug 05, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age