W. P. Carey Management

Management criteria checks 2/4

W. P. Carey's CEO is Jason Fox, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is $11.79M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €26.25M. The average tenure of the management team and the board of directors is 6.8 years and 6.8 years respectively.

Key information

Jason Fox

Chief executive officer

US$11.8m

Total compensation

CEO salary percentage	8.5%
CEO tenure	6.8yrs
CEO ownership	0.2%
Management average tenure	6.8yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Fox's remuneration changed compared to W. P. Carey's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$558m
Jun 30 2024	n/a	n/a	US$571m
Mar 31 2024	n/a	n/a	US$573m
Dec 31 2023	US$12m	US$1m	US$708m
Sep 30 2023	n/a	n/a	US$774m
Jun 30 2023	n/a	n/a	US$753m
Mar 31 2023	n/a	n/a	US$737m
Dec 31 2022	US$9m	US$996k	US$599m
Sep 30 2022	n/a	n/a	US$489m
Jun 30 2022	n/a	n/a	US$523m
Mar 31 2022	n/a	n/a	US$515m
Dec 31 2021	US$10m	US$800k	US$410m
Sep 30 2021	n/a	n/a	US$445m
Jun 30 2021	n/a	n/a	US$456m
Mar 31 2021	n/a	n/a	US$441m
Dec 31 2020	US$7m	US$800k	US$455m
Sep 30 2020	n/a	n/a	US$450m
Jun 30 2020	n/a	n/a	US$342m
Mar 31 2020	n/a	n/a	US$303m
Dec 31 2019	US$7m	US$750k	US$305m
Sep 30 2019	n/a	n/a	US$369m
Jun 30 2019	n/a	n/a	US$405m
Mar 31 2019	n/a	n/a	US$415m
Dec 31 2018	US$5m	US$700k	US$411m
Sep 30 2018	n/a	n/a	US$293m
Jun 30 2018	n/a	n/a	US$296m
Mar 31 2018	n/a	n/a	US$284m
Dec 31 2017	US$3m	US$400k	US$277m

Compensation vs Market: Jason's total compensation ($USD11.79M) is above average for companies of similar size in the German market ($USD4.85M).

Compensation vs Earnings: Jason's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jason Fox (51 yo)

6.8yrs

Tenure

US$11,787,316

Compensation

Mr. Jason E. Fox is Chief Executive Officer and Director of W. P. Carey Inc. from 2018 & serves as it's President since September 30, 2024. Mr. Fox serves as Chief Executive Officer at Net Lease Office Pro...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jason Fox	President	6.8yrs	US$11.79m	0.22% € 26.2m
Toni Sanzone	MD & CFO	8.1yrs	US$4.12m	0.031% € 3.6m
John Park	Senior Advisor	less than a year	US$4.08m	0.17% € 20.4m
Gino Sabatini	MD & Head of Investments	no data	US$3.73m	0.079% € 9.3m
Brooks Gordon	MD & Head of Asset Management	7.7yrs	US$2.53m	0.053% € 6.3m
John Miller	Chief Investment Officer & MD	no data	US$1.03m	no data
Brian Zander	Controller & Chief Accounting Officer	2yrs	no data	0.00093% € 109.7k
Susan Hyde	MD, Chief Administrative Officer	7.1yrs	no data	no data
Peter Sands	Executive Director & Head of Investor Relations	no data	no data	no data
Reshma McGowan	Chief Compliance Officer & Managing Director	no data	no data	no data
Zachary Pasanen	Managing Director of Investments - North America	2.8yrs	no data	no data
Will Carey	Senior Vice President of Credit & Risk Team	no data	no data	no data

6.8yrs

Average Tenure

53yo

Average Age

Experienced Management: WPY's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jason Fox	President	6.8yrs	US$11.79m	0.22% € 26.2m
Mark Alexander	Independent Director	8.2yrs	US$314.98k	0.021% € 2.5m
Christopher Niehaus	Independent Non-Executive Chairman of the Board	8.2yrs	US$421.23k	0.014% € 1.7m
Robert Flanagan	Independent Director	6.7yrs	US$292.48k	0.0076% € 901.6k
Margaret Lewis	Independent Director	7.2yrs	US$306.23k	0.0074% € 876.8k
Peter Farrell	Independent Director	8.4yrs	US$323.73k	0.010% € 1.2m
Tonit Calaway	Independent Director	4.2yrs	US$292.48k	0.0053% € 619.5k
Rhonda Gass	Independent Director	less than a year	no data	no data
Elisabeth Stheeman	Independent Director & Board Member	1.9yrs	US$372.48k	0.0026% € 308.0k
Constantin Beier	Independent Director	2.7yrs	US$283.73k	0.0031% € 359.9k

6.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: WPY's board of directors are considered experienced (6.8 years average tenure).

W. P. Carey Management

Management criteria checks 2/4

Key information

Recent management updates

W. P. Carey Inc. Announces Management Changes

W. P. Carey Inc., Annual General Meeting, Jun 13, 2024

W. P. Carey Inc. Appoints Rhonda Gass to its Board of Directors

W. P. Carey Inc. Announces the Resignation of Jean Hoysradt as Member of Board

Independent Director recently bought €66k worth of stock

W. P. Carey Inc. Announces Appointment of Elisabeth Stheeman to Board of Directors

Recent updates

Third quarter 2024 earnings released: EPS: US$0.51 (vs US$0.58 in 3Q 2023)

W. P. Carey Inc. to Report Q3, 2024 Results on Oct 29, 2024

Dividend of US$0.88 announced

Second quarter 2024 earnings released: EPS: US$0.65 (vs US$0.67 in 2Q 2023)

W. P. Carey Inc. to Report Q2, 2024 Results on Jul 30, 2024

W. P. Carey Inc. Announces Management Changes

Dividend of US$0.87 announced

W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2024

First quarter 2024 earnings released: EPS: US$0.72 (vs US$1.39 in 1Q 2023)

W. P. Carey Inc. to Report Q1, 2024 Results on Apr 30, 2024

W. P. Carey Inc., Annual General Meeting, Jun 13, 2024

Upcoming dividend of US$0.86 per share

W. P. Carey Inc. Appoints Rhonda Gass to its Board of Directors

Dividend of US$0.86 announced

W. P. Carey Inc. Increases Quarterly Dividend, Payable on April 15, 2024

Full year 2023 earnings released: FFO per share: US$4.9 (vs US$5.54 in FY 2022)

W. P. Carey Inc. Announces Consolidated Impairment Charges for the Three Months Ended December 31, 2023

W. P. Carey Inc. to Report Q4, 2023 Results on Feb 09, 2024

Upcoming dividend of US$0.86 per share at 5.4% yield

W. P. Carey Inc. Declares Quarterly Cash Dividend, Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.58 (vs US$0.52 in 3Q 2022)

W. P. Carey Inc. Announces the Resignation of Jean Hoysradt as Member of Board

W. P. Carey Inc. to Report Q3, 2023 Results on Nov 03, 2023

Upcoming dividend of US$1.07 per share at 6.7% yield

W. P. Carey Inc. Increases Quarterly Cash Dividend, Payable on October 16, 2023

Second quarter 2023 earnings released: EPS: US$0.67 (vs US$0.66 in 2Q 2022)

W. P. Carey Inc. to Report Q2, 2023 Results on Jul 28, 2023

Upcoming dividend of US$1.07 per share at 6.3% yield

W. P. Carey Inc. Increases Quarterly Cash Dividend, Payable on July 14, 2023

Independent Director recently bought €66k worth of stock

First quarter 2023 earnings released: EPS: US$1.39 (vs US$0.82 in 1Q 2022)

Upcoming dividend of US$1.07 per share at 5.7% yield

Full year 2022 earnings released: FFO per share: US$5.5 (vs US$4.91 in FY 2021)

W. P. Carey Inc. to Report Q4, 2022 Results on Feb 10, 2023

Upcoming dividend of US$1.07 per share

W. P. Carey Inc. Announces Appointment of Elisabeth Stheeman to Board of Directors

W. P. Carey Inc. Declares Quarterly Dividend, Payable on January 13, 2023

Third quarter 2022 earnings released: EPS: US$0.52 (vs US$0.75 in 3Q 2021)

W. P. Carey Inc. Announces Impairment Charges for the Third Quarter Ended September 30, 2022

W. P. Carey Inc. Announces Executive Changes

W. P. Carey Inc. to Report Q3, 2022 Results on Nov 04, 2022

Upcoming dividend of US$1.06 per share

W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on October 14, 2022

W. P. Carey Inc. announced that it expects to receive €350 million in funding

W. P. Carey Inc. (NYSE:WPC) agreed to acquire additional assets from Coop Danmark for €64 million.

Second quarter 2022 earnings released: EPS: US$0.66 (vs US$0.67 in 2Q 2021)

W. P. Carey Inc. to Report Q2, 2022 Results on Jul 29, 2022

W. P. Carey Inc.(NYSE:WPC) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$1.06 per share

W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2022

First quarter 2022 earnings released: FFO: US$333.6m per share (vs US$0.92 in 1Q 2021)

W. P. Carey Inc. to Report Q1, 2022 Results on Apr 29, 2022

W. P. Carey Inc., Annual General Meeting, Jun 16, 2022

Upcoming dividend of US$1.06 per share

W. P. Carey Inc. (NYSE:WPC) entered into an Agreement and Plan of Merger to acquire Corporate Property Associates 18 - Global Incorporated for $1.6 billion.

W. P. Carey Inc. Announces Impairment Charges for the Fourth Quarter Ended December 31, 2021

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

W. P. Carey Inc. to Report Q4, 2021 Results on Feb 11, 2022

W. P. Carey Inc. to Report Q4, 2021 Results on Feb 11, 2022

W. P. Carey Inc. (NYSE:WPC) acquired Portfolio of four manufacturing facilities in Germany and the Czech Republic.

W. P. Carey Inc. (NYSE:WPC) acquired Seven DIY stores in Poland from Supernova Group.

Upcoming dividend of US$1.06 per share

Insufficient new directors

Third quarter 2021 earnings released: FFO US$1.51 per share (vs US$1.38 in 3Q 2020)

Upcoming dividend of US$1.05 per share

Second quarter 2021 earnings released: EPS US$0.67 (vs US$0.61 in 2Q 2020)

W. P. Carey Inc. (NYSE:WPC) acquired Three Industrial properties in Illinois and Ontario from GHP Group, Inc.

W. P. Carey Inc. (NYSE:WPC) acquired three-property logistics portfolio totaling 497,000 square feet in US for $43 million.

W. P. Carey Inc. (NYSE:WPC) acquired 203,800 Square Foot Flex R&D and Manufacturing Facility in South San Jose. for $52 million.