STAG Industrial Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bill Crooker

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage	16.9%
CEO tenure	2.9yrs
CEO ownership	n/a
Management average tenure	3.9yrs
Board average tenure	12.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Crooker's remuneration changed compared to STAG Industrial's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$4m	US$675k	US$193m
Sep 30 2023	n/a	n/a	US$181m
Jun 30 2023	n/a	n/a	US$194m
Mar 31 2023	n/a	n/a	US$175m
Dec 31 2022	US$3m	US$550k	US$178m
Sep 30 2022	n/a	n/a	US$235m
Jun 30 2022	n/a	n/a	US$220m
Mar 31 2022	n/a	n/a	US$220m
Dec 31 2021	US$2m	US$467k	US$188m
Sep 30 2021	n/a	n/a	US$197m
Jun 30 2021	n/a	n/a	US$171m
Mar 31 2021	n/a	n/a	US$156m
Dec 31 2020	US$2m	US$400k	US$197m
Sep 30 2020	n/a	n/a	US$118m
Jun 30 2020	n/a	n/a	US$105m
Mar 31 2020	n/a	n/a	US$100m
Dec 31 2019	US$2m	US$400k	US$44m
Sep 30 2019	n/a	n/a	US$72m
Jun 30 2019	n/a	n/a	US$70m
Mar 31 2019	n/a	n/a	US$67m
Dec 31 2018	US$2m	US$360k	US$82m
Sep 30 2018	n/a	n/a	US$44m
Jun 30 2018	n/a	n/a	US$56m
Mar 31 2018	n/a	n/a	US$45m
Dec 31 2017	US$2m	US$300k	US$21m

Compensation vs Market: Bill's total compensation ($USD3.99M) is about average for companies of similar size in the UK market ($USD3.41M).

Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.

CEO

Bill Crooker (43 yo)

2.9yrs

Tenure

US$3,988,868

Compensation

Mr. William R. Crooker, also known as Bill, serves as Chief Executive Officer & Director at STAG Industrial, Inc. since July 01, 2022 and serves as its President since May 03, 2021. He served as the Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Crooker	CEO, President & Director	2.9yrs	US$3.99m	no data
Matts Pinard	Executive VP	2.3yrs	US$1.96m	0.00052% $ 32.9k
Michael Chase	Executive VP & Chief Investment Officer	3.9yrs	US$1.95m	0.046% $ 2.9m
Jeffrey Sullivan	Executive VP	9.3yrs	US$1.88m	0% $ 0
Benjamin Butcher	Executive Director	less than a year	US$27.50k	0.0046% $ 288.8k
Steven Kimball	Executive Vice President of Real Estate Operations	1.1yrs	US$2.15m	0% $ 0
Jaclyn Paul	Chief Accounting Officer	4.2yrs	no data	0.0060% $ 379.2k
Steve Xiarhos	Associate Capital Markets & Investor Relations	2.3yrs	no data	no data
Andrea Gillespie	Director of Human Resources	4.3yrs	no data	no data
Bradford Sweeney	Senior Vice President of Acquisitions	no data	no data	no data
Alan Simmons	Senior VP	8.4yrs	no data	no data
Kurt Flionis	Senior Vice President of Credit	4.3yrs	no data	no data

3.9yrs

Average Tenure

52yo

Average Age

Experienced Management: 0L98's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Crooker	CEO, President & Director	1.8yrs	US$3.99m	no data
Benjamin Butcher	Executive Director	14.3yrs	US$27.50k	0.0046% $ 288.8k
Christopher Marr	Independent Director	11.7yrs	US$179.99k	0.013% $ 847.5k
Hans Weger	Independent Director	13yrs	US$184.99k	0.022% $ 1.4m
Virgis Colbert	Independent Director	10.3yrs	US$164.99k	0.010% $ 660.5k
Jeffrey Furber	Independent Director	13yrs	US$179.99k	0.028% $ 1.7m
Larry Guillemette	Independent Chairman	13yrs	US$214.99k	0.023% $ 1.5m
Francis Jacoby	Independent Director	13yrs	US$164.99k	0.017% $ 1.0m
Michelle Dilley	Independent Director	6.1yrs	US$164.99k	0.0054% $ 343.2k
Jit Chin	Independent Director	4.3yrs	US$164.99k	0.0037% $ 232.6k

12.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 0L98's board of directors are seasoned and experienced ( 12.3 years average tenure).

STAG Industrial Management

Management criteria checks 3/4

Key information

Recent management updates

STAG Industrial, Inc., Annual General Meeting, Apr 29, 2024

Chief Accounting Officer recently sold US$498k worth of stock

Executive Chairman of the Board recently sold US$113k worth of stock

Independent Director recently sold US$761k worth of stock

Insufficient new directors

STAG Industrial, Inc. Appoints William R. Crooker as Chief Executive Officer

Recent updates

Upcoming dividend of US$0.12 per share

Dividend of US$0.12 announced

STAG Industrial, Inc. Announces Dividend for the Month of April, May and June of 2024, Payable on May 15, 2024, June 17, 2024 and July 15, 2024 Respectively

Now 21% undervalued after recent price drop

STAG Industrial, Inc. to Report Q1, 2024 Results on Apr 30, 2024

STAG Industrial, Inc., Annual General Meeting, Apr 29, 2024

Upcoming dividend of US$0.12 per share

Now 20% undervalued after recent price drop

Dividend of US$0.12 announced

Upcoming dividend of US$0.12 per share

Full year 2023 earnings released: EPS: US$1.07 (vs US$1.00 in FY 2022)

Dividend of US$0.12 announced

Upcoming dividend of US$0.12 per share at 3.8% yield

STAG Industrial, Inc. Announces Dividend for the Month of January 2024, Payable on February 15, 2024

Chief Accounting Officer recently sold US$498k worth of stock

Upcoming dividend of US$0.12 per share at 3.8% yield

STAG Industrial, Inc. Announces Completion of Three New Rooftop Community Solar Projects in New Jersey

Upcoming dividend of US$0.12 per share at 4.1% yield

STAG Industrial, Inc. (NYSE:STAG) acquired 120,900 sq ft property in Dallas, TX for $21.3 million.

Third quarter 2023 earnings released: EPS: US$0.28 (vs US$0.35 in 3Q 2022)

Upcoming dividend of US$0.12 per share at 4.5% yield

Now 21% undervalued after recent price drop

STAG Industrial, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Now 21% undervalued

Upcoming dividend of US$0.12 per share at 4.1% yield

STAG Industrial, Inc. (NYSE:STAG) acquired 152,625-square-foot industrial building in Harleysville for $14.8 million.

Upcoming dividend of US$0.12 per share at 4.2% yield

Now 20% undervalued

Second quarter 2023 earnings released: EPS: US$0.29 (vs US$0.18 in 2Q 2022)

STAG Industrial, Inc. (NYSE:STAG) acquired Central New Jersey for $26.66 million.

Upcoming dividend of US$0.12 per share at 3.9% yield

STAG Industrial, Inc. Maintains Monthly Common Stock Dividend for the July, August and September 2023, Payable on August 15, 2023, September 15, 2023 and October 16, 2023 Respectively

STAG Industrial, Inc. to Report Q2, 2023 Results on Jul 26, 2023

STAG Industrial, Inc.(NYSE:STAG) dropped from Russell 2000 Value-Defensive Index

Upcoming dividend of US$0.12 per share at 4.1% yield

Upcoming dividend of US$0.12 per share at 4.3% yield

Executive Chairman of the Board recently sold US$113k worth of stock

First quarter 2023 earnings released: EPS: US$0.28 (vs US$0.30 in 1Q 2022)

Upcoming dividend of US$0.12 per share at 4.4% yield

Now 21% undervalued

Independent Director recently sold US$761k worth of stock

Now 20% undervalued

Upcoming dividend of US$0.12 per share at 4.1% yield

Full year 2022 earnings released: FFO per share: US$2.2 (vs US$2.03 in FY 2021)

STAG Industrial, Inc. (NYSE:STAG) acquired 115,491 square feet of one building for $9 million.

Insufficient new directors

Upcoming dividend of US$0.12 per share

STAG Industrial, Inc. Announces Common Stock Dividends for the Month of January, February and March 2023, Payable on February 15, 2023, March 15, 2023 and April 17, 2023

Now 22% undervalued

STAG Industrial, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Upcoming dividend of US$0.12 per share

Upcoming dividend of US$0.12 per share

Third quarter 2022 earnings released: EPS: US$0.35 (vs US$0.30 in 3Q 2021)

STAG Industrial, Inc. (NYSE:STAG) acquired 563,032 Square Feet Building in Louisville, KY for $38 million.

Upcoming dividend of US$0.12 per share

STAG Industrial, Inc. Announces Common Stock Dividends for the Month of October, November and December 2022, Payable on November 15, 2022, December 15, 2022 and January 17, 2022

STAG Industrial, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$0.12 per share

Upcoming dividend of US$0.12 per share

STAG Industrial, Inc. (NYSE : STAG) acquired Four building industrial portfolio in El Paso, Texas and Santa Teresa, New Mexico from Blue Road Investments LLC.

Second quarter 2022 earnings released: EPS: US$0.18 (vs US$0.20 in 2Q 2021)

Upcoming dividend of US$0.12 per share

An unknown buyer acquired One Million Square Foot Real Estate Portfolio in Dayton, Ohio and Greenwood from STAG Industrial, Inc. (NYSE : STAG) for $82 million.

STAG Industrial, Inc. Appoints William R. Crooker as Chief Executive Officer

STAG Industrial, Inc. to Report Q2, 2022 Results on Jul 27, 2022

STAG Industrial, Inc. (NYSE:STAG) acquired Port 290 from Strategic Capital Partners, LLC.

Upcoming dividend of US$0.12 per share

Upcoming dividend of US$0.12 per share

STAG Industrial, Inc. (NYSE : STAG) acquired 289,103 Sq.ft Building in Greenville/Spartanburg, SC for $28.27 million.