Orion Office REIT Management
Management criteria checks 0/4
Orion Office REIT's CEO is Paul McDowell, appointed in Nov 2021, has a tenure of 1.58 years. total yearly compensation is $3.41M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth MX$1.80M. The average tenure of the management team and the board of directors is 1.6 years and 1.6 years respectively.
Key information
Paul McDowell
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 16.2% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.6yrs |
| Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | -US$96m |
| Dec 31 2022 | US$3m | US$550k | -US$97m |
| Sep 30 2022 | n/a | n/a | -US$133m |
| Jun 30 2022 | n/a | n/a | -US$82m |
| Mar 31 2022 | n/a | n/a | -US$62m |
| Dec 31 2021 | US$959k | US$95k | -US$47m |
Compensation vs Market: Paul's total compensation ($USD3.41M) is above average for companies of similar size in the MX market ($USD611.44K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul McDowell (63 yo)
1.6yrs
Tenure
US$3,405,244
Compensation
Mr. Paul H. McDowell, J.D., has been President of Office & Industrial Group at ARC Advisory Services, LLC since September 27, 2013. He has been Director, Chief Executive Officer and President of Orion Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.6yrs | US$3.41m | 0.028% MX$ 1.8m | |
| Executive VP | 1.6yrs | US$1.75m | 0.010% MX$ 629.8k | |
| Chief Investment Officer & Executive VP | 1.6yrs | US$1.25m | 0.0057% MX$ 359.8k | |
| COO & Executive VP | 1.6yrs | no data | 0.0098% MX$ 619.7k | |
| Senior VP & Chief Accounting Officer | no data | no data | 0.0017% MX$ 106.9k | |
| Senior VP & Chief Administrative Officer | less than a year | no data | no data | |
| General Counsel & Secretary | 1.6yrs | no data | 0.0039% MX$ 246.6k |
1.6yrs
Average Tenure
56yo
Average Age
Experienced Management: ONL *'s management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.6yrs | US$3.41m | 0.028% MX$ 1.8m | |
| Independent Director | 1.6yrs | US$165.24k | 0.033% MX$ 2.1m | |
| Independent Director | 1.6yrs | US$180.24k | 0.017% MX$ 1.1m | |
| Independent Director | 1.6yrs | US$185.24k | 0.019% MX$ 1.2m | |
| Independent Non-Executive Chairman | 1.6yrs | US$227.74k | 0.023% MX$ 1.5m |
1.6yrs
Average Tenure
63yo
Average Age
Experienced Board: ONL *'s board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/13 00:03 |
| End of Day Share Price | 2023/03/16 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Orion Office REIT Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Gaurav Mehta | D. Boral Capital LLC. |
| Mitchell Germain | JMP Securities |