Peakstone Realty Trust Management
Management criteria checks 1/4
Peakstone Realty Trust's CEO is Michael Escalante, appointed in Jun 2015, has a tenure of 9.33 years. total yearly compensation is $7.84M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth €5.44M. The average tenure of the management team and the board of directors is 5.1 years and 1.6 years respectively.
Key information
Michael Escalante
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 9.3yrs |
| CEO ownership | 1.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$146m |
| Mar 31 2024 | n/a | n/a | -US$559m |
| Dec 31 2023 | US$8m | US$925k | -US$558m |
| Sep 30 2023 | n/a | n/a | -US$767m |
| Jun 30 2023 | n/a | n/a | -US$750m |
| Mar 31 2023 | n/a | n/a | -US$406m |
| Dec 31 2022 | US$7m | US$925k | -US$412m |
| Sep 30 2022 | n/a | n/a | -US$182m |
| Jun 30 2022 | n/a | n/a | -US$69m |
| Mar 31 2022 | n/a | n/a | US$7m |
| Dec 31 2021 | US$9m | US$925k | US$2m |
| Sep 30 2021 | n/a | n/a | -US$8m |
| Jun 30 2021 | n/a | n/a | -US$19m |
| Mar 31 2021 | n/a | n/a | -US$19m |
| Dec 31 2020 | US$3m | US$800k | -US$13m |
| Sep 30 2020 | n/a | n/a | -US$8m |
| Jun 30 2020 | n/a | n/a | US$9m |
| Mar 31 2020 | n/a | n/a | US$20m |
| Dec 31 2019 | US$10m | US$800k | US$25m |
Compensation vs Market: Michael's total compensation ($USD7.84M) is above average for companies of similar size in the German market ($USD1.18M).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael Escalante (64 yo)
9.3yrs
Tenure
US$7,843,857
Compensation
Mr. Michael J. Escalante is Executive Director of Griffin Realty Trust, General Partner of Griffin Capital Essential Asset Operating Partnership, L.P. He has been the President of Peakstone Realty Trust (f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of Board | 1.6yrs | US$268.29k | 0.047% € 222.0k | |
| CEO, President & Trustee | 9.3yrs | US$7.84m | 1.16% € 5.4m | |
| CFO & Treasurer | 8.3yrs | US$2.76m | 0.29% € 1.4m | |
| COO & Chief Legal Officer | 5.3yrs | US$2.67m | 0.25% € 1.2m | |
| Consultant | 3.7yrs | US$1.77m | 0.076% € 355.2k | |
| Chief Accounting Officer | 5.2yrs | no data | 0.054% € 252.4k | |
| Senior Vice President & Head of Investor Relations | less than a year | no data | no data | |
| Managing Director of Industrial Properties | 5.1yrs | no data | 0.031% € 143.7k | |
| Managing Director of Asset Management | 4.8yrs | no data | 0.051% € 241.2k | |
| Managing Director | less than a year | no data | no data | |
| Senior Vice President of Corporate Controller | no data | no data | no data |
5.1yrs
Average Tenure
62.5yo
Average Age
Experienced Management: T8CA's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of Board | 1.6yrs | US$268.29k | 0.047% € 222.0k | |
| CEO, President & Trustee | 9.7yrs | US$7.84m | 1.16% € 5.4m | |
| Independent Trustee | 9.8yrs | US$205.09k | 0.042% € 198.4k | |
| Independent Director | less than a year | no data | 0.022% € 103.9k | |
| Independent Trustee | 1.6yrs | US$154.51k | 0.028% € 133.2k |
1.6yrs
Average Tenure
62yo
Average Age
Experienced Board: T8CA's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.