Apple Hospitality REIT, Inc.

BMV:APLE * Stock Report

Market Cap: Mex$79.2b

Apple Hospitality REIT Management

Management criteria checks 3/4

Apple Hospitality REIT's CEO is Justin Knight, appointed in May 2014, has a tenure of 10.5 years. total yearly compensation is $6.97M, comprised of 9.1% salary and 90.9% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth MX$635.76M. The average tenure of the management team and the board of directors is 5.8 years and 9.8 years respectively.

Key information

Justin Knight

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage9.1%
CEO tenure10.5yrs
CEO ownership0.8%
Management average tenure5.8yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Justin Knight's remuneration changed compared to Apple Hospitality REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$205m

Jun 30 2024n/an/a

US$207m

Mar 31 2024n/an/a

US$199m

Dec 31 2023US$7mUS$635k

US$177m

Sep 30 2023n/an/a

US$159m

Jun 30 2023n/an/a

US$160m

Mar 31 2023n/an/a

US$160m

Dec 31 2022US$7mUS$597k

US$145m

Sep 30 2022n/an/a

US$156m

Jun 30 2022n/an/a

US$128m

Mar 31 2022n/an/a

US$83m

Dec 31 2021US$6mUS$558k

US$19m

Sep 30 2021n/an/a

-US$46m

Jun 30 2021n/an/a

-US$118m

Mar 31 2021n/an/a

-US$217m

Dec 31 2020US$4mUS$494k

-US$173m

Sep 30 2020n/an/a

-US$97m

Jun 30 2020n/an/a

-US$9m

Mar 31 2020n/an/a

US$131m

Dec 31 2019US$5mUS$525k

US$172m

Sep 30 2019n/an/a

US$181m

Jun 30 2019n/an/a

US$197m

Mar 31 2019n/an/a

US$202m

Dec 31 2018US$3mUS$525k

US$206m

Sep 30 2018n/an/a

US$170m

Jun 30 2018n/an/a

US$170m

Mar 31 2018n/an/a

US$190m

Dec 31 2017US$4mUS$500k

US$182m

Compensation vs Market: Justin's total compensation ($USD6.97M) is above average for companies of similar size in the MX market ($USD1.29M).

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


CEO

Justin Knight (51 yo)

10.5yrs

Tenure

US$6,973,468

Compensation

Mr. Justin G. Knight has been a Director at Apple Hospitality REIT, Inc. since 2015. He served as the President of Apple REIT Ten, Inc., Apple Suites, Inc. and Apple Nine Hospitality Ownership, Inc. Mr. Kn...


Leadership Team

NamePositionTenureCompensationOwnership
Glade Knight
Executive Chairman17.8yrsno data4.48%
MX$ 3.5b
Justin Knight
CEO & Director10.5yrsUS$6.97m0.80%
MX$ 635.8m
Elizabeth Perkins
Senior VP & CFO4.6yrsUS$3.11m0.13%
MX$ 103.6m
Karen Gallagher
Senior VP & COO4.6yrsUS$2.90m0.13%
MX$ 105.0m
Nelson Knight
President of Real Estate & Investments10.5yrsUS$3.14m0.40%
MX$ 312.8m
Rachel Labrecque
Senior VP & Chief Accounting Officer5.8yrsUS$2.04m0.090%
MX$ 70.9m
Kristian Gathright
Executive Director4.7yrsUS$185.00k0.41%
MX$ 326.2m
Kelly Clarke
Vice President of Investor Relations14.4yrsno datano data
Matthew Rash
Senior VP5.7yrsUS$1.37m0.091%
MX$ 72.2m
Jeanette Clarke
Senior VP & Chief Capital Investment Officer5.7yrsno data0.069%
MX$ 54.5m
David McKenney
Senior Advisorno dataUS$506.69kno data

5.8yrs

Average Tenure

45.5yo

Average Age

Experienced Management: APLE *'s management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Glade Knight
Executive Chairman17.8yrsno data4.48%
MX$ 3.5b
Justin Knight
CEO & Director9.8yrsUS$6.97m0.80%
MX$ 635.8m
Kristian Gathright
Executive Director5.7yrsUS$185.00k0.41%
MX$ 326.2m
Glenn Bunting
Independent Director10.7yrsUS$200.00k0.028%
MX$ 22.0m
Blythe McGarvie
Independent Director6.8yrsUS$200.00k0.024%
MX$ 18.9m
Jon Fosheim
Lead Independent Director9.8yrsUS$235.34k0.021%
MX$ 16.7m
Carolyn Handlon
Independent Director1.7yrsUS$144.59k0.0047%
MX$ 3.8m
L. Redd
Independent Director9.8yrsUS$238.43k0.053%
MX$ 41.6m
Howard Woolley
Independent Director3.7yrsUS$203.45k0.0077%
MX$ 6.1m

9.8yrs

Average Tenure

66yo

Average Age

Experienced Board: APLE *'s board of directors are considered experienced (9.8 years average tenure).