Sotherly Hotels Management
Management criteria checks 3/4
Sotherly Hotels' CEO is Dave Folsom, appointed in Jan 2011, has a tenure of 13.92 years. total yearly compensation is $815.07K, comprised of 66% salary and 34% bonuses, including company stock and options. directly owns 3.19% of the company’s shares, worth $650.82K. The average tenure of the management team and the board of directors is 4.9 years and 9.7 years respectively.
Key information
Dave Folsom
Chief executive officer
US$815.1k
Total compensation
| CEO salary percentage | 66.0% |
| CEO tenure | 13.9yrs |
| CEO ownership | 3.2% |
| Management average tenure | 4.9yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$6m |
| Jun 30 2024 | n/a | n/a | -US$5m |
| Mar 31 2024 | n/a | n/a | -US$4m |
| Dec 31 2023 | US$815k | US$538k | -US$4m |
| Sep 30 2023 | n/a | n/a | US$2m |
| Jun 30 2023 | n/a | n/a | US$6m |
| Mar 31 2023 | n/a | n/a | US$27m |
| Dec 31 2022 | US$732k | US$503k | US$25m |
| Sep 30 2022 | n/a | n/a | US$5m |
| Jun 30 2022 | n/a | n/a | US$146k |
| Mar 31 2022 | n/a | n/a | -US$27m |
| Dec 31 2021 | US$733k | US$480k | -US$33m |
| Sep 30 2021 | n/a | n/a | -US$30m |
| Jun 30 2021 | n/a | n/a | -US$38m |
| Mar 31 2021 | n/a | n/a | -US$53m |
| Dec 31 2020 | US$944k | US$439k | -US$58m |
| Sep 30 2020 | n/a | n/a | -US$47m |
| Jun 30 2020 | n/a | n/a | -US$35m |
| Mar 31 2020 | n/a | n/a | -US$19m |
| Dec 31 2019 | US$607k | US$409k | -US$6m |
| Sep 30 2019 | n/a | n/a | -US$6m |
| Jun 30 2019 | n/a | n/a | -US$9m |
| Mar 31 2019 | n/a | n/a | -US$7m |
| Dec 31 2018 | US$583k | US$399k | -US$6m |
| Sep 30 2018 | n/a | n/a | -US$6m |
| Jun 30 2018 | n/a | n/a | -US$4m |
| Mar 31 2018 | n/a | n/a | -US$5m |
| Dec 31 2017 | US$569k | US$391k | -US$3m |
Compensation vs Market: Dave's total compensation ($USD815.07K) is about average for companies of similar size in the US market ($USD650.86K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
CEO
Dave Folsom (59 yo)
13.9yrs
Tenure
US$815,069
Compensation
Mr. David R. Folsom, also known as Dave, has been the President of Sotherly Hotels Inc., the General Partner of Sotherly Hotels LP since January 1, 2011 and served as its Chief Operating Officer January 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.9yrs | US$815.07k | 3.19% $ 650.8k | |
| VP, Secretary & CFO | 11.9yrs | US$609.86k | 1.42% $ 288.7k | |
| Executive VP & COO | 4.9yrs | no data | 0.90% $ 184.0k | |
| Accounting Manager | no data | no data | no data | |
| Vice President of Operations & Investor Relations | 4.8yrs | no data | no data | |
| Corporate Counsel & Compliance Officer | 4.8yrs | no data | no data | |
| General Counsel | 4.9yrs | no data | no data | |
| Corporate Controller | 10.9yrs | no data | no data |
4.9yrs
Average Tenure
59yo
Average Age
Experienced Management: SOHO.O's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.6yrs | US$815.07k | 3.19% $ 650.8k | |
| Independent Director | 20yrs | US$29.05k | 0.55% $ 111.3k | |
| Director | less than a year | no data | no data | |
| Independent Director | 9.7yrs | US$27.55k | 0.27% $ 55.7k | |
| Chairman | 20.3yrs | US$884.51k | 9.62% $ 2.0m | |
| Independent Director | 7.7yrs | US$41.55k | 0.37% $ 75.9k | |
| Independent Director | 5.7yrs | US$32.42k | 0.23% $ 46.9k |
9.7yrs
Average Tenure
62yo
Average Age
Experienced Board: SOHO.O's board of directors are considered experienced (9.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Sotherly Hotels Inc. is covered by 4 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 |
|---|---|
| Tyler Batory | Janney Montgomery Scott LLC |
| Whitney Stevenson | JMP Securities |
| Daniel Donlan | Ladenburg Thalmann & Company |