Realty Income Management

Management criteria checks 3/4

Realty Income's CEO is Sumit Roy, appointed in Nov 2015, has a tenure of 6.08 years. total yearly compensation is $13.13M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth MX$310.10M. The average tenure of the management team and the board of directors is 5.1 years and 6.3 years respectively.

Key information

Sumit Roy

Chief executive officer

US$13.1m

Total compensation

CEO salary percentage	7.6%
CEO tenure	9yrs
CEO ownership	0.03%
Management average tenure	5.1yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sumit Roy's remuneration changed compared to Realty Income's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$867m
Jun 30 2024	n/a	n/a	US$838m
Mar 31 2024	n/a	n/a	US$777m
Dec 31 2023	US$13m	US$1m	US$872m
Sep 30 2023	n/a	n/a	US$881m
Jun 30 2023	n/a	n/a	US$867m
Mar 31 2023	n/a	n/a	US$895m
Dec 31 2022	US$14m	US$1m	US$869m
Sep 30 2022	n/a	n/a	US$646m
Jun 30 2022	n/a	n/a	US$562m
Mar 31 2022	n/a	n/a	US$463m
Dec 31 2021	US$13m	US$950k	US$359m
Sep 30 2021	n/a	n/a	US$473m
Jun 30 2021	n/a	n/a	US$361m
Mar 31 2021	n/a	n/a	US$345m
Dec 31 2020	US$8m	US$900k	US$395m
Sep 30 2020	n/a	n/a	US$407m
Jun 30 2020	n/a	n/a	US$485m
Mar 31 2020	n/a	n/a	US$472m
Dec 31 2019	US$8m	US$850k	US$436m
Sep 30 2019	n/a	n/a	US$392m
Jun 30 2019	n/a	n/a	US$390m
Mar 31 2019	n/a	n/a	US$391m
Dec 31 2018	US$7m	US$613k	US$364m
Sep 30 2018	n/a	n/a	US$339m
Jun 30 2018	n/a	n/a	US$328m
Mar 31 2018	n/a	n/a	US$313m
Dec 31 2017	US$5m	US$550k	US$302m

Compensation vs Market: Sumit's total compensation ($USD13.13M) is above average for companies of similar size in the MX market ($USD5.77M).

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

CEO

Sumit Roy (54 yo)

9yrs

Tenure

US$13,128,810

Compensation

Mr. Sumit Roy serves as President at Realty Income Corporation since November 30, 2015 and is its Chief Executive Officer and Director since October 16, 2018. He serves as an Independent Director at Ventas...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sumit Roy	President	9yrs	US$13.13m	0.031% MX$ 310.1m
Mark Hagan	Executive VP & Chief Investment Officer	6.5yrs	US$3.84m	0.0063% MX$ 62.4m
Michelle Bushore	Executive VP	3.8yrs	US$3.00m	0.0028% MX$ 28.0m
Neil Abraham	President of Realty Income International	6.5yrs	US$3.91m	0.0055% MX$ 55.0m
Jonathan Pong	Executive VP	less than a year	no data	0.0049% MX$ 48.7m
Gregory Whyte	Executive VP & COO	1.8yrs	no data	0.00084% MX$ 8.3m
Neale Redington	Senior VP & Chief Accounting Officer	less than a year	no data	0.00022% MX$ 2.2m
Shannon Kehle	Executive VP & Chief People Officer	10.6yrs	no data	0.0027% MX$ 27.3m
Ross Edwards	Senior Vice President of Asset Management	no data	no data	no data
Scott Kohnen	Senior Vice President of Research	no data	no data	no data
Janeen Drakulich	SVP & Head of Asset Management	3.2yrs	no data	no data
Shannon Jensen	Senior VP	9.8yrs	no data	no data

5.1yrs

Average Tenure

55yo

Average Age

Experienced Management: O *'s management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sumit Roy	President	6.1yrs	US$13.13m	0.031% MX$ 310.1m
Michael McKee	Independent Non-Executive Chairman of the Board & Lead Independent Director	30.3yrs	US$400.40k	0.019% MX$ 192.2m
Gerardo Lopez	Independent Director	6.3yrs	US$275.40k	0.0032% MX$ 31.7m
Priscilla Almodovar	Independent Director	3yrs	US$310.40k	0.0021% MX$ 20.7m
A. Chapman	Independent Director	12.8yrs	US$275.40k	0.00060% MX$ 6.0m
Jeff Jacobson	Independent Director	less than a year	no data	0.00091% MX$ 9.0m
Priya Huskins	Independent Director	16.9yrs	US$300.40k	0.0054% MX$ 53.8m
Gregory McLaughlin	Independent Director	17.4yrs	US$285.40k	0.0041% MX$ 40.7m
Mary Preusse	Independent Director	3yrs	US$275.40k	0.0030% MX$ 30.2m
Reginald Gilyard	Independent Director	6.3yrs	US$300.40k	0.0032% MX$ 31.7m
Jacqueline Brady	Independent Director	3.5yrs	US$275.40k	0.0019% MX$ 18.5m

6.3yrs

Average Tenure

60yo

Average Age

Experienced Board: O *'s board of directors are considered experienced (6.3 years average tenure).

Realty Income Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold Mex$2.1m worth of stock

Independent Director recently sold Mex$5.8m worth of stock

Realty Income Corporation, Annual General Meeting, May 30, 2024

Independent Director recently sold Mex$4.4m worth of stock

Realty Income Corporation Announces Board Changes

Independent Director recently sold Mex$3.4m worth of stock

Recent updates

Third quarter 2024 earnings released: FFO per share: US$1.0 (vs US$1.10 in 3Q 2023)

Realty Income Corporation Revises Earnings Guidance for the Year 2024

Dividend of US$0.26 announced

Realty Income Corporation Announces Common Stock Monthly Dividend, Payable on November 15, 2024

Realty Income Corporation to Report Q3, 2024 Results on Nov 04, 2024

Dividend of US$0.26 announced

Independent Director recently sold Mex$2.1m worth of stock

Independent Director recently sold Mex$5.8m worth of stock

Dividend of US$0.26 announced

Realty Income Corporation Announces Common Stock Monthly Dividend, Payable on September 13, 2024

Second quarter 2024 earnings released: EPS: US$0.30 (vs US$0.29 in 2Q 2023)

Realty Income Corporation Revises Earnings Guidance for the Year 2024

Dividend of US$0.26 announced

Realty Income Corporation Declares Monthly Dividend, Payable on August 15, 2024

Realty Income Corporation to Report Q2, 2024 Results on Aug 05, 2024

Dividend of US$0.26 announced

Realty Income Corporation Revises Earnings Guidance for the Year 2024

Dividend of US$0.26 announced

Realty Income Corporation Announces Common Stock Dividend, Payable on June 14, 2024

Realty Income Corporation Revises Earnings Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$0.16 (vs US$0.34 in 1Q 2023)

Upcoming dividend of US$0.26 per share

Realty Income Corporation, Annual General Meeting, May 30, 2024

Dividend of US$0.26 announced

Independent Director recently sold Mex$4.4m worth of stock

Realty Income Corporation Declares Monthly Dividend, Payable May 15, 2024

Realty Income Corporation to Report Q1, 2024 Results on May 06, 2024

Upcoming dividend of US$0.26 per share

Dividend of US$0.26 announced

Realty Income Corporation Declares Monthly Cash Dividend, Payable on April 15, 2024

Realty Income Corporation has completed a Follow-on Equity Offering.

Upcoming dividend of US$0.26 per share

Realty Income Corporation Provides Earnings Guidance for the Year 2024

Dividend of US$0.26 announced

Realty Income Corporation Announces Board Changes

Realty Income Corporation Declares Monthly Dividend, Payable on March 15, 2024

Decathlon S.A. agreed to acquire 82 Retail Properties Portfolio from Realty Income Corporation (NYSE:O) in a transaction valued at €530 million.

Upcoming dividend of US$0.26 per share at 5.5% yield

Realty Income Corporation (NYSE:O) completed the acquisition of Spirit Realty Capital, Inc. (NYSE:SRC) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Cohen & Steers, Inc. (NYSE:CNS), FMR LLC, State Street Corporation (NYSE:STT) and others.

Realty Income Corporation to Report Q4, 2023 Results on Feb 20, 2024

Realty Income Corporation Declares Monthly Cash Dividend, Payable on February 1, 2024

Independent Director recently sold Mex$3.4m worth of stock

Realty Income Corporation Appoints Jonathan Pong as Chief Financial Officer, Effective January 1, 2024

Realty Income Corporation Increases Monthly Cash Dividend, Payable on January 12, 2024

Upcoming dividend of US$0.26 per share at 5.8% yield

Realty Income Corporation Declares Monthly Dividend, Payable on December 15, 2023

Third quarter 2023 earnings released: EPS: US$0.33 (vs US$0.36 in 3Q 2022)

Realty Income Corporation Revises Earnings Guidance for the Year 2023

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

Upcoming dividend of US$0.26 per share at 6.3% yield

Realty Income Corporation to Report Q3, 2023 Results on Nov 06, 2023

Upcoming dividend of US$0.26 per share at 5.9% yield

Realty Income Corporation Announces Monthly Dividend, Payable on October 13,2023

Realty Income Corporation (NYSE:O) signed a definitive agreement to acquire 21.9% stake in Bellagio BREIT Venture from Blackstone Real Estate Income Trust, Inc. for approximately $950 million.

Upcoming dividend of US$0.26 per share at 5.4% yield

Realty Income Corporation Declares Monthly Dividend, Payable on September 15, 2023

Now 20% undervalued after recent price drop

Realty Income Corporation has completed a Follow-on Equity Offering in the amount of $1.7639 billion.

Second quarter 2023 earnings released: EPS: US$0.29 (vs US$0.37 in 2Q 2022)

Realty Income Corporation Revises Earnings Guidance for the Year 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.26 per share at 4.9% yield

Realty Income Corporation to Report Q2, 2023 Results on Aug 02, 2023

Now 20% undervalued after recent price drop

Realty Income Corporation Announces Executive Changes

Upcoming dividend of US$0.26 per share at 5.2% yield

Realty Income Corporation Increases Monthly Dividend, Payable on July 14, 2023

Upcoming dividend of US$0.26 per share at 5.1% yield