COPT Defense Properties Management

Management criteria checks 3/4

COPT Defense Properties' CEO is Steve Budorick, appointed in May 2016, has a tenure of 8.5 years. total yearly compensation is $6.17M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €4.85M. The average tenure of the management team and the board of directors is 9.1 years and 8.5 years respectively.

Key information

Steve Budorick

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage12.6%
CEO tenure8.5yrs
CEO ownership0.1%
Management average tenure9.1yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Budorick's remuneration changed compared to COPT Defense Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$137m

Jun 30 2024n/an/a

-US$116m

Mar 31 2024n/an/a

-US$121m

Dec 31 2023US$6mUS$775k

-US$75m

Sep 30 2023n/an/a

-US$58m

Jun 30 2023n/an/a

US$190m

Mar 31 2023n/an/a

US$192m

Dec 31 2022US$6mUS$774k

US$143m

Sep 30 2022n/an/a

US$105m

Jun 30 2022n/an/a

US$101m

Mar 31 2022n/an/a

US$110m

Dec 31 2021US$6mUS$750k

US$73m

Sep 30 2021n/an/a

US$140m

Jun 30 2021n/an/a

US$81m

Mar 31 2021n/an/a

US$63m

Dec 31 2020US$5mUS$752k

US$95m

Sep 30 2020n/an/a

US$58m

Jun 30 2020n/an/a

US$111m

Mar 31 2020n/an/a

US$194m

Dec 31 2019US$4mUS$698k

US$186m

Sep 30 2019n/an/a

US$165m

Jun 30 2019n/an/a

US$163m

Mar 31 2019n/an/a

US$76m

Dec 31 2018US$4mUS$641k

US$72m

Sep 30 2018n/an/a

US$64m

Jun 30 2018n/an/a

US$66m

Mar 31 2018n/an/a

US$55m

Dec 31 2017US$3mUS$560k

US$55m

Compensation vs Market: Steve's total compensation ($USD6.17M) is above average for companies of similar size in the German market ($USD1.92M).

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


CEO

Steve Budorick (64 yo)

8.5yrs

Tenure

US$6,168,342

Compensation

Mr. Stephen E. Budorick, also known as Steve, has been the Chief Executive Officer, President and Director of COPT Defense Properties (formerly known as Corporate Office Properties Trust) since May 12, 201...


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Budorick
President8.5yrsUS$6.17m0.14%
€ 4.9m
Anthony Mifsud
Executive VP & CFO9.8yrsUS$2.43m0.053%
€ 1.9m
Britt Snider
Executive VP & COOless than a yearUS$641.05k0.0018%
€ 63.1k
Matthew Myers
Senior VP1.8yrsno data0.0076%
€ 269.2k
Venkat Kommineni
Vice President of Investor Relationsno datano datano data
David Finch
VP, General Counsel & Secretary13.8yrsno datano data
Sarah Rowland
Director of Human Resourcesno datano datano data
Dean Lopez
Senior Vice President of Development & Constructionno datano datano data
Frank Ziegler
Senior Vice President of New Business & Development Government Services18.8yrsno datano data
William Barroll
Managing SVP of Asset Management & Chief Business Officerno datano datano data

9.1yrs

Average Tenure

60yo

Average Age

Experienced Management: WX7's management team is seasoned and experienced (9.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Budorick
President8.5yrsUS$6.17m0.14%
€ 4.9m
C. Pickett
Independent Trustee11yrsUS$214.42k0.064%
€ 2.3m
Philip Hawkins
Independent Trustee10.8yrsUS$212.42k0.018%
€ 653.8k
Thomas Brady
Independent Director22.8yrsUS$281.42k0.036%
€ 1.3m
Robert Denton
Independent Chairman of the Board25.5yrsUS$228.42k0.0039%
€ 138.7k
Raymond Owens
Independent Trustee3.7yrsUS$199.42k0.00081%
€ 28.7k
Letitia Long
Independent Trustee4.1yrsUS$203.42k0.0024%
€ 85.5k
Lisa Trimberger
Independent Trustee7.1yrsUS$220.92k0.022%
€ 765.2k
Essye Miller
Independent Trustee2.1yrsUS$193.42k0.010%
€ 370.7k

8.5yrs

Average Tenure

65yo

Average Age

Experienced Board: WX7's board of directors are considered experienced (8.5 years average tenure).