Urban Edge Properties Management

Management criteria checks 3/4

Urban Edge Properties' CEO is Jeff Olson, appointed in Dec 2014, has a tenure of 9.33 years. total yearly compensation is $7.65M, comprised of 14.4% salary and 85.6% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth €544.51K. The average tenure of the management team and the board of directors is 3.3 years and 4.1 years respectively.

Key information

Jeff Olson

Chief executive officer

US$7.6m

Total compensation

CEO salary percentage	14.4%
CEO tenure	9.3yrs
CEO ownership	0.03%
Management average tenure	3.3yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jeff Olson's remuneration changed compared to Urban Edge Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$8m	US$1m	US$248m
Sep 30 2023	n/a	n/a	US$41m
Jun 30 2023	n/a	n/a	US$16m
Mar 31 2023	n/a	n/a	US$18m
Dec 31 2022	US$7m	US$1m	US$46m
Sep 30 2022	n/a	n/a	US$75m
Jun 30 2022	n/a	n/a	US$91m
Mar 31 2022	n/a	n/a	US$92m
Dec 31 2021	US$7m	US$1m	US$103m
Sep 30 2021	n/a	n/a	US$79m
Jun 30 2021	n/a	n/a	US$46m
Mar 31 2021	n/a	n/a	US$65m
Dec 31 2020	US$6m	US$1m	US$94m
Sep 30 2020	n/a	n/a	US$78m
Jun 30 2020	n/a	n/a	US$138m
Mar 31 2020	n/a	n/a	US$133m
Dec 31 2019	US$5m	US$1m	US$109m
Sep 30 2019	n/a	n/a	US$113m
Jun 30 2019	n/a	n/a	US$83m
Mar 31 2019	n/a	n/a	US$110m
Dec 31 2018	US$5m	US$1m	US$105m
Sep 30 2018	n/a	n/a	US$84m
Jun 30 2018	n/a	n/a	US$77m
Mar 31 2018	n/a	n/a	US$37m
Dec 31 2017	US$4m	US$1m	US$67m

Compensation vs Market: Jeff's total compensation ($USD7.65M) is above average for companies of similar size in the German market ($USD1.62M).

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

CEO

Jeff Olson (55 yo)

9.3yrs

Tenure

US$7,645,622

Compensation

Mr. Jeffrey S. Olson, also known as Jeff, has been the Chief Executive Officer and Chairman of Urban Edge Properties since December 29, 2014. Mr. Olson has been the Chief Executive Officer and Chairman of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffrey Olson	Chairman & CEO	9.3yrs	US$7.65m	0.028% $ 544.5k
Mark Langer	Executive VP & CFO	9yrs	US$2.74m	0.030% $ 572.7k
Jeffrey Mooallem	Executive VP & COO	1.3yrs	US$2.97m	0.00035% $ 6.7k
Robert Milton	Executive VP	8.3yrs	US$1.44m	no data
Etan Bluman	Senior Vice President of Investments	less than a year	no data	no data
Andrea Drazin	Chief Accounting Officer	1.5yrs	no data	0.016% $ 309.8k
Cecilia Li	Senior VP & Chief Information Officer	3.3yrs	no data	no data
Judith Knop	Senior Vice President of Development & Construction	7.3yrs	no data	no data
Scott Auster	Executive VP & Head of Leasing	no data	no data	no data
Paul Schiffer	Senior Vice President of Leasing	3.3yrs	no data	no data
Leigh Lyons	Senior Vice President of Leasing	no data	no data	no data
John Villapiano	Senior Vice President of Development	3.3yrs	no data	no data

3.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 3UE's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Olson	Chairman & CEO	9.3yrs	US$7.65m	0.028% $ 544.5k
Steven Guttman	Independent Trustee	9.3yrs	US$194.99k	0.011% $ 212.6k
Steven Grapstein	Independent Trustee	9.3yrs	US$221.72k	0.0072% $ 139.1k
Catherine Rice	Independent Trustee	1.1yrs	US$309.08k	0.014% $ 269.1k
Norman Jenkins	Lead Independent Trustee	2.4yrs	US$235.53k	no data
Mary Baglivo	Independent Trustee	1.6yrs	US$212.49k	no data
Katherine Sandstrom	Independent Director	1.5yrs	US$194.33k	no data
Kevin O'Shea	Independent Trustee	9.3yrs	US$229.99k	0.011% $ 212.6k
Douglas Sesler	Independent Trustee	4.1yrs	US$210.05k	no data

4.1yrs

Average Tenure

62yo

Average Age

Experienced Board: 3UE's board of directors are considered experienced (4.1 years average tenure).

Urban Edge Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Urban Edge Properties, Annual General Meeting, May 01, 2024

Urban Edge Properties Announces Executive Changes

Urban Edge Properties Announces Executive Changes

Urban Edge Properties Announces Board Changes, Effective September 1, 2022

Executive VP recently sold €99k worth of stock

Chief Investment Officer recently sold €120k worth of stock

Recent updates

Urban Edge Properties, Annual General Meeting, May 01, 2024

Urban Edge Properties to Report Q1, 2024 Results on May 07, 2024

Upcoming dividend of US$0.17 per share

Full year 2023 earnings released: EPS: US$2.12 (vs US$0.39 in FY 2022)

Urban Edge Properties Provides Earnings Guidance for the Year 2024

Upcoming dividend of US$0.16 per share at 3.7% yield

Urban Edge Properties to Report Q4, 2023 Results on Feb 14, 2024

Urban Edge Properties Declares Regular Quarterly Dividend, Payable on December 29, 2023

Urban Edge Properties Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$0.31 (vs US$0.097 in 3Q 2022)

Urban Edge Properties to Report Q3, 2023 Results on Oct 31, 2023

Upcoming dividend of US$0.16 per share at 3.9% yield

Urban Edge Properties Declares Regular Quarterly Dividend, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$0.087 (vs US$0.099 in 2Q 2022)

Urban Edge Properties to Report Q2, 2023 Results on Aug 02, 2023

Upcoming dividend of US$0.16 per share at 4.5% yield

Urban Edge Properties Declares Quarterly Common Dividend, Payable on June 30, 2023

Urban Edge Properties Reiterates Earnings Guidance for 2023

First quarter 2023 earnings released: US$0.16 loss per share (vs US$0.081 profit in 1Q 2022)

Upcoming dividend of US$0.16 per share at 4.2% yield

Urban Edge Properties Provides Earnings Guidance for the Year 2023

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.88 in FY 2021)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.16 per share

Urban Edge Properties to Report Q4, 2022 Results on Feb 14, 2023

Third quarter 2022 earnings released: EPS: US$0.097 (vs US$0.24 in 3Q 2021)

Urban Edge Properties Declares Regular Quarterly Dividend, Payable on December 30, 2022

Urban Edge Properties Announces Executive Changes

Urban Edge Properties to Report Q3, 2022 Results on Nov 03, 2022

Urban Edge Properties Announces Executive Changes

Upcoming dividend of US$0.16 per share

Urban Edge Properties Announces Board Changes, Effective September 1, 2022

Urban Edge Properties Declares Quarterly Dividend, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: US$0.099 (vs US$0.11 in 2Q 2021)

Urban Edge Properties (NYSE:UE) acquired The Shops at Riverwood for $32.9 million.

Urban Edge Properties to Report Q2, 2022 Results on Aug 03, 2022

Upcoming dividend of US$0.16 per share

First quarter 2022 earnings released: EPS: US$0.081 (vs US$0.17 in 1Q 2021)

Urban Edge Properties Declares Regular Quarterly Dividend, Payable on June 30, 2022

Upcoming dividend of US$0.16 per share

Urban Edge Properties(NYSE:UE) dropped from S&P 400

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

Urban Edge Properties Reports Real Estate Impairment Loss for the Fourth Quarter Ended December 31, 2021

Urban Edge Properties (NYSE:UE) acquired Woodmore Towne Centre for approximately $190 million.

Upcoming dividend of US$0.15 per share

Third quarter 2021 earnings released: EPS US$0.24 (vs US$0.048 loss in 3Q 2020)

Upcoming dividend of US$0.15 per share

An unknown buyer acquired Property in Westfield, NJ from Urban Edge Properties (NYSE:UE) for $5.5 million.

Second quarter 2021 earnings released: FFO US$0.30 per share (vs US$0.46 in 2Q 2020)

Upcoming dividend of US$0.15 per share

Urban Edge Properties Declares Regular Quarterly Dividend, Payable on June 30, 2021

First quarter 2021 earnings released: EPS US$0.17 (vs US$0.41 in 1Q 2020)

Executive VP recently sold €99k worth of stock

Urban Edge Properties to Report Q1, 2021 Results on May 03, 2021

Chief Investment Officer recently sold €120k worth of stock

Full year 2020 earnings released: FFO US$1.33 per share (vs US$1.40 in FY 2019)

Revenue beats expectations

New 90-day high: €11.93

New 90-day high: €11.84

Urban Edge Hires Danielle De Vita as Executive Vice President of Development

Urban Edge Properties to Report Q4, 2020 Results on Feb 17, 2021

Urban Edge Properties (NYSE:UE) acquired Sunrise Mall from Unibail-Rodamco-Westfield SE (ENXTAM:URW) for $35.7 million.

Market bids up stock over the past week

New 90-day low: €7.53

Third quarter 2020 earnings released: US$0.048 loss per share

Revenue misses expectations

Urban Edge Properties to Report Q3, 2020 Results on Nov 05, 2020

New 90-day low - €8.24

First half earnings released