Essex Property Trust Management
Management criteria checks 3/4
Essex Property Trust's CEO is Angela Kleiman, appointed in Apr 2023, has a tenure of 1.75 years. total yearly compensation is $3.08M, comprised of 28% salary and 72% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth $3.33M. The average tenure of the management team and the board of directors is 1.6 years and 6.3 years respectively.
Key information
Angela Kleiman
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 28.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.02% |
| Management average tenure | 1.6yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$549m |
| Jun 30 2024 | n/a | n/a | US$518m |
| Mar 31 2024 | n/a | n/a | US$525m |
| Dec 31 2023 | US$3m | US$863k | US$406m |
| Sep 30 2023 | n/a | n/a | US$526m |
| Jun 30 2023 | n/a | n/a | US$531m |
| Mar 31 2023 | n/a | n/a | US$489m |
| Dec 31 2022 | US$6m | US$750k | US$408m |
| Sep 30 2022 | n/a | n/a | US$360m |
| Jun 30 2022 | n/a | n/a | US$386m |
| Mar 31 2022 | n/a | n/a | US$393m |
| Dec 31 2021 | US$4m | US$750k | US$489m |
| Sep 30 2021 | n/a | n/a | US$447m |
| Jun 30 2021 | n/a | n/a | US$403m |
| Mar 31 2021 | n/a | n/a | US$422m |
| Dec 31 2020 | US$3m | US$650k | US$569m |
| Sep 30 2020 | n/a | n/a | US$602m |
| Jun 30 2020 | n/a | n/a | US$628m |
| Mar 31 2020 | n/a | n/a | US$635m |
| Dec 31 2019 | US$3m | US$500k | US$439m |
| Sep 30 2019 | n/a | n/a | US$428m |
| Jun 30 2019 | n/a | n/a | US$410m |
| Mar 31 2019 | n/a | n/a | US$418m |
| Dec 31 2018 | US$3m | US$500k | US$390m |
Compensation vs Market: Angela's total compensation ($USD3.08M) is below average for companies of similar size in the UK market ($USD5.70M).
Compensation vs Earnings: Angela's compensation has been consistent with company performance over the past year.
CEO
Angela Kleiman (53 yo)
1.8yrs
Tenure
US$3,076,648
Compensation
Ms. Angela L. Kleiman serves as Chief Executive Officer and President at Essex Property Trust, Inc and served as Senior Executive Vice President and Chief Operating Officer since January 1, 2021 until Marc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$3.08m | 0.018% $ 3.3m | |
| Executive VP & CFO | 4.1yrs | US$1.68m | 0.010% $ 1.9m | |
| Executive VP | no data | US$1.29m | 0.0035% $ 658.8k | |
| Executive VP & Chief Investment Officer | 1.4yrs | no data | 0.0020% $ 374.8k | |
| Group VP & Chief Accounting Officer | less than a year | no data | 0.00031% $ 58.7k | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Transactions | no data | no data | no data | |
| Senior Vice President of Operations | no data | no data | no data | |
| Senior Vice President of Portfolio Strategy & Analytics | no data | no data | no data | |
| Senior Vice President of Investment Management | no data | no data | no data |
1.6yrs
Average Tenure
43yo
Average Age
Experienced Management: 0IIR's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$3.08m | 0.018% $ 3.3m | |
| Independent Director | 6.9yrs | US$264.00k | 0.0039% $ 736.4k | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 10.8yrs | US$292.00k | 0.013% $ 2.5m | |
| Independent Chairman of the Board | 31yrs | US$375.00k | 0.33% $ 62.0m | |
| Vice Chairman of the Board | 30.6yrs | US$239.00k | 0.024% $ 4.6m | |
| Independent Director | 4.8yrs | US$251.00k | 0.0029% $ 556.6k | |
| Independent Director | 6.3yrs | US$274.00k | 0.0025% $ 477.1k | |
| Independent Director | less than a year | no data | 0.0039% $ 736.4k |
6.3yrs
Average Tenure
69yo
Average Age
Experienced Board: 0IIR's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 11:24 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Essex Property Trust, Inc. is covered by 49 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Ross Smotrich | Barclays |
| Richard Hightower | Barclays |