Unibail-Rodamco-Westfield Management

Management criteria checks 3/4

Unibail-Rodamco-Westfield's CEO is Jean-Marie Tritant, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is €4.32M, comprised of 23.2% salary and 76.8% bonuses, including company stock and options. directly owns -0.14% of the company’s shares, worth €-14.60M. The average tenure of the management team and the board of directors is 2.8 years and 3.7 years respectively.

Key information

Jean-Marie Tritant

Chief executive officer

€4.3m

Total compensation

CEO salary percentage	23.2%
CEO tenure	3.8yrs
CEO ownership	-0.1%
Management average tenure	2.8yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jean-Marie Tritant's remuneration changed compared to Unibail-Rodamco-Westfield's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-€1b
Mar 31 2024	n/a	n/a	-€1b
Dec 31 2023	€4m	€1m	-€2b
Sep 30 2023	n/a	n/a	-€1b
Jun 30 2023	n/a	n/a	-€961m
Mar 31 2023	n/a	n/a	-€391m
Dec 31 2022	€4m	€1m	€178m
Sep 30 2022	n/a	n/a	€114m
Jun 30 2022	n/a	n/a	€50m
Mar 31 2022	n/a	n/a	-€461m
Dec 31 2021	€3m	€1m	-€972m
Sep 30 2021	n/a	n/a	-€3b
Jun 30 2021	n/a	n/a	-€4b
Mar 31 2021	n/a	n/a	-€6b
Dec 31 2020	n/a	n/a	-€7b
Sep 30 2020	n/a	n/a	-€5b
Jun 30 2020	n/a	n/a	-€4b
Mar 31 2020	n/a	n/a	-€1b
Dec 31 2019	n/a	n/a	€1b
Sep 30 2019	n/a	n/a	€1b
Jun 30 2019	n/a	n/a	€2b
Mar 31 2019	n/a	n/a	€1b
Dec 31 2018	€2m	€260k	€1b
Sep 30 2018	n/a	n/a	€1b
Jun 30 2018	n/a	n/a	€2b
Mar 31 2018	n/a	n/a	€2b
Dec 31 2017	€2m	€600k	€2b

Compensation vs Market: Jean-Marie's total compensation ($USD4.50M) is about average for companies of similar size in the UK market ($USD5.66M).

Compensation vs Earnings: Jean-Marie's compensation has increased whilst the company is unprofitable.

CEO

Jean-Marie Tritant (57 yo)

3.8yrs

Tenure

€4,317,697

Compensation

Mr. Jean-Marie Tritant serves as Executive Director at URW America, Inc. He has been Chairman of the Supervisory Board at Unibail-Rodamco-Westfield N.V. since January 1, Non- Independent 2021. Mr. Tritant...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jean-Marie Tritant	Chairman of the Management Board & Group CEO	3.8yrs	€4.32m	-0.14% € -14.6m
Fabrice Mouchel	Group CFO & Member of Management Board	3.8yrs	€3.12m	0.018% € 1.9m
Sylvain Montcouquiol	Chief Resources & Sustainability Officer and Member of Management Board	2.8yrs	€2.08m	0.011% € 1.2m
Anne-Sophie Sancerre	Chief Customer & Retail Officer and Member of Management Board	1.5yrs	€1.22m	0.0092% € 990.2k
Vincent Rouget	Chief Strategy & Investment Officer and Member of Management Board	1.4yrs	€1.42m	0.032% € 3.5m
Meriem Delfi	Group Director of Treasury	1.3yrs	no data	no data
David Zeitoun	Executive MD & Group General Counsel	no data	no data	no data
Christi Karandikar	Executive MD & Group People Officer	2.8yrs	no data	no data
Arnaud Burlin	Chief Operating Officer of Central Europe	3.8yrs	no data	no data
Bruno De Saint Martin	Chief Operating Officer of Southern Europe	no data	no data	no data
Stéphane Schebat	Managing Director of Development	no data	no data	no data
Clement Jeannin	Group Head of CSR	no data	no data	no data

2.8yrs

Average Tenure

52yo

Average Age

Experienced Management: 0YO9's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michel Dessolain	Non-Independent Member of the Supervisory Board	2.5yrs	€106.50k	0.036% € 3.9m
Michaël Boukobza	Non-Independent Member of Supervisory Board	less than a year	no data	no data
Roderick Marie Stella Munsters	Independent Supervisory Board Member	7.6yrs	€128.00k	0.00072% € 77.8k
Dagmar Kollmann	Independent Supervisory Board Member	10.6yrs	€106.50k	0.00052% € 56.2k
Susana Gallardo Torrededia	Independent Member of the Supervisory Board	4yrs	€102.44k	0.0014% € 151.3k
Jacques Richier	Independent Chairman of the Supervisory Board	1.5yrs	€237.01k	0.0013% € 136.2k
Aline Sylla-Walbaum	Independent Member of the Supervisory Board	3.5yrs	€90.20k	0.00076% € 82.2k
Cecile Cabanis	Independent Vice Chairman of the Supervisory Board	3.9yrs	€136.50k	0.0015% € 162.1k
Julie Avrane-Chopard	Independent Member of the Supervisory Board	3.9yrs	€99.00k	0.00086% € 93.0k
Sara Lucas	Independent Member of Supervisory Board	1.5yrs	€55.54k	0.00014% € 15.1k

3.7yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 0YO9's board of directors are considered experienced (3.7 years average tenure).

Unibail-Rodamco-Westfield Management

Management criteria checks 3/4

Key information

Recent management updates

Unibail-Rodamco-Westfield SE Announces Board Changes

Unibail-Rodamco-Westfield SE, Annual General Meeting, Jun 12, 2024

Unibail-Rodamco-Westfield SE, Annual General Meeting, Apr 30, 2024

Unibail-Rodamco-Westfield Appoints Meriem Delfi as Group Director of Treasury, Financing and Investor Relations

Unibail-Rodamco-Westfield SE Appoints Jacques Richier and Sara Lucas as Members of the Supervisory Board

Unibail-Rodamco-Westfield Appoints Dany Nasr as CEO URW Airports

Recent updates

Unibail-Rodamco-Westfield SE to Report Fiscal Year 2024 Results on Feb 13, 2025

Unibail-Rodamco-Westfield SE Announces Board Changes

First half 2024 earnings released: EPS: €0.52 (vs €3.87 loss in 1H 2023)

Now 20% undervalued

Upcoming dividend of €2.50 per share

Unibail-Rodamco-Westfield SE, Annual General Meeting, Jun 12, 2024

Full year 2023 earnings released: €11.72 loss per share (vs €1.29 profit in FY 2022)

Unibail-Rodamco-Westfield SE to Report First Half, 2024 Results on Jul 25, 2024

Full year 2023 earnings released: €11.72 loss per share (vs €1.29 profit in FY 2022)

Unibail-Rodamco-Westfield SE Proposes Cash Distribution

Unibail-Rodamco-Westfield SE Proposes Cash Distribution

New minor risk - Share price stability

Now 20% undervalued

Now 21% undervalued

Now 21% undervalued

Unibail-Rodamco-Westfield SE, Annual General Meeting, Apr 30, 2024

Frey SA (ENXTPA:FREY) completed the acquisition of Polygone Riviera from Unibail-Rodamco-Westfield SE (ENXTPA:URW).

Frey SA (ENXTPA:FREY) agreed to acquire Polygone Riviera from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €272.3 million.

Centennial Real Estate Company acquired Westfield Valencia Town Center in Santa Clarita, California from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for approximately AUD 200 million.

First half 2023 earnings released: €3.87 loss per share (vs €4.33 profit in 1H 2022)

Unibail-Rodamco-Westfield SE to Report Fiscal Year 2023 Results on Feb 08, 2024

Lowe Enterprises, Inc. and Real Capital Solutions, Inc. acquired Westfield Mission Valley East shopping centre in San Diego, California from Unibail-Rodamco-Westfield SE (ENXTPA:URW).

Unibail-Rodamco-Westfield Appoints Meriem Delfi as Group Director of Treasury, Financing and Investor Relations

An unknown buyer acquired Westfield Brandon Shopping Centre, Florida and V office building, Versailles from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for approximately $322 million.

Unibail-Rodamco-Westfield SE Appoints Jacques Richier and Sara Lucas as Members of the Supervisory Board

Full year 2022 earnings released: EPS: €1.29 (vs €7.02 loss in FY 2021)

Now 21% undervalued

Now 26% undervalued

Full year 2022 earnings released: EPS: €1.29 (vs €7.02 loss in FY 2021)

Unibail-Rodamco-Westfield SE to Report First Half, 2023 Results on Jul 27, 2023

Unibail-Rodamco-Westfield SE Provides Earnings Guidance for the Year 2023

Unibail-Rodamco-Westfield Appoints Dany Nasr as CEO URW Airports

An unknown buyer acquired Westfield Trumbull and South Shore Shopping Centres in US from Unibail-Rodamco-Westfield SE (ENXTAM:URW) for approximately $200 million.

The Kroenke Group acquired The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles from Unibail-Rodamco-Westfield SE (ENXTAM:URW) for approximately $330 million.

The Kroenke Group acquired The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles from Unibail-Rodamco-Westfield SE (ENXTAM:URW) for approximately $330 million.

Unibail-Rodamco-Westfield Unveils Landmark Vision for Westfield Old Orchard

Unibail-Rodamco-Westfield SE, Annual General Meeting, May 11, 2023

Unibail-Rodamco-Westfield Appoints Candice Mayer-Gillet to the Role of Managing Director, Westfield Rise

URW Appoints Audrey Arnoux as Group Director of Investor Relations

Otto Family Office agreed to acquire Splau shopping center in Barcelona from Unibail-Rodamco-Westfield (ENXTAM:URW).

An unknow buyer commercial real estate investor acquired Westfield Santa Anita in Arcadia, California from Unibail-Rodamco-Westfield (ENXTAM:URW) and others for approximately $540 million.

Unibail-Rodamco-Westfield to Report Fiscal Year 2022 Results on Feb 09, 2023

Umb Group B.V. signed an agreement to acquire Almere Centrum from Unibail-Rodamco-Westfield (ENXTAM:URW) for approximately €160 million.

Unibail-Rodamco-Westfield Appoints Michel Dessolain as Member of the Supervisory Board

Unibail-Rodamco-Westfield SE Provides Earnings Guidance for the Year 2022

Institutional investor agreed to acquire Gera Arcaden in Germany from Unibail-Rodamco-Westfield (ENXTAM:URW) for €116 million.

BNP Paribas Cardif S.A. and Sogecap S.A. completed the acquisition of a 45% stake in Westfield Carré Sénart Shopping Centre in Paris from Unibail-Rodamco-Westfield SE (ENXTAM:URW).

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Unibail-Rodamco-Westfield SE to Report Q2, 2022 Results on Jul 28, 2022

Unibail-Rodamco-Westfield SE Provides Earnings Guidance for the Year 2022

Alecta Fastigheter AB agred to acquire Solna Centrum in Stockholm from Unibail-Rodamco-Westfield SE (ENXTAM:URW) for SEK 2.8 billion.

An institutional funds managed by Perial AM completed the acquisition of Village 4 and Village 6 Office Buildings in La Défense from Unibail-Rodamco-Westfield SE (ENXTAM:URW).

Unibail-Rodamco-Westfield Completes the Disposal of the Village 3, 4 and 6 Office Buildings

Unibail-Rodamco-Westfield Not to Provide Earnings Guidance for 2021

Unibail-Rodamco-Westfield N.V. Announces Executive Changes

Unibail-Rodamco-Westfield SE(ASX:URW) dropped from S&P/ASX 100 Index

New 90-day high: €70.71

Primonial REIM, EDF Invest and La Française Asset Management completed the acquisition of Shift office building in Paris from Unibail-Rodamco-Westfield SE (ENXTAM:URW).

Unibail-Rodamco-Westfield SE Announces Board Appointments

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

Unibail-Rodamco-Westfield SE Announces Executive Appointment

An unknown buyer entered into an agreement to acquire Village 4 and Village 6 Office Buildings in La Défense from Unibail-Rodamco-Westfield SE (ENXTAM:URW).

French institutional investors entered into an agreement to acquire village 3 office building in La Défense from Unibail-Rodamco-Westfield SE (ENXTAM:URW).

Unibail-Rodamco-Westfield SE Announces Executive Changes

New 90-day high: €63.35

Unibail-Rodamco-Westfield SE Announces Executive Changes

Unibail-Rodamco-Westfield Announces Executive Changes

Unibail-Rodamco-Westfield SE Announces Management Changes

Unibail-Rodamco-Westfield Announces Management Changes