Broadstone Net Lease Management
Management criteria checks 2/4
Broadstone Net Lease's CEO is John Moragne, appointed in Feb 2023, has a tenure of 1.25 years. total yearly compensation is $4.20M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $5.63M. The average tenure of the management team and the board of directors is 1.3 years and 3 years respectively.
Key information
John Moragne
Chief executive officer
US$4.2m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
Broadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% Yield
Apr 16Broadstone Net Lease: A 7.5% Dividend And Cheap Valuation
Mar 28Broadstone Net Lease: Why We Prefer It Over Realty Income
Mar 10Broadstone Net Lease: A REIT To Consider For Post Rate Hikes
Feb 25Broadstone Net Lease: An Insulated Portfolio Protected From Rates And Turmoil
Feb 06Broadstone Net Lease: A Solid REIT Choice For 2024
Jan 03Here's Why We Think Broadstone Net Lease (NYSE:BNL) Might Deserve Your Attention Today
Dec 16
Broadstone Net Lease: A Tempting ~7% Yielding Diversified REIT
Dec 12Earnings Beat: Broadstone Net Lease, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 05Broadstone Net Lease: High Yield With A Limited Downside
Nov 03Broadstone Net Lease: High Dividend And Good Upside (Rating Upgrade)
Oct 24Broadstone Net Lease: 7.8% Yield, Cheap, Safe
Oct 01Broadstone Net Lease: A Spread Worth Considering
Sep 21Broadstone Net Lease: Over 20% Upside Potential With 7% Yielding Dividend
Aug 29Broadstone Net Lease: Safe, High Yield From This Diversified REIT
Jul 24Broadstone Net Lease: Enjoy A High Dividend Yield
Jun 28Broadstone Net Lease: This Nearly 7% Yielder Remains Attractive
Jun 13Top 3 High Yield Diversified REITs For H2 2023
May 23Broadstone Net Lease FFO of $0.36 misses by $0.03, revenue of $112.14M beats by $5.64M, guidance below consensus
Feb 22My Top 2023 Dividend Yield Monsters
Feb 13Broadstone Net Lease: A Great 7% Yield Flying Under The Radar
Nov 08Broadstone Net Lease reports Q3 rent collection results
Sep 28Broadstone Net Lease: A Near-Perfect Portfolio Limits The Upside Potential
Aug 17Broadstone Net Lease: Reprieve From Market Volatility
Jul 07Broadstone Net Lease: Half-Industrial REIT On Discount
May 07Broadstone Net Lease: If You Like Quality Bargains, You'll Love This REIT
Feb 10Broadstone Net Lease: A Good Portfolio Addition, At The Right Price
Nov 19Broadstone Net Lease: This Diversified Upstart Has Gotten Ahead Of Itself
Sep 02Goldman cuts Broadstone Net Lease to Neutral in wake of stock rally
Jun 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$4m | US$575k | US$155m |
| Sep 30 2023 | n/a | n/a | US$183m |
| Jun 30 2023 | n/a | n/a | US$161m |
| Mar 31 2023 | n/a | n/a | US$134m |
| Dec 31 2022 | US$2m | US$450k | US$122m |
| Sep 30 2022 | n/a | n/a | US$117m |
| Jun 30 2022 | n/a | n/a | US$119m |
| Mar 31 2022 | n/a | n/a | US$107m |
| Dec 31 2021 | US$2m | US$375k | US$102m |
| Sep 30 2021 | n/a | n/a | US$88m |
| Jun 30 2021 | n/a | n/a | US$68m |
| Mar 31 2021 | n/a | n/a | US$62m |
| Dec 31 2020 | US$2m | US$338k | US$51m |
Compensation vs Market: John's total compensation ($USD4.20M) is below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
CEO
John Moragne (40 yo)
1.3yrs
Tenure
US$4,195,587
Compensation
Mr. John D. Moragne serves as CEO and Director at Broadstone Net Lease, Inc. since February 28, 2023. He had been an Executive Vice President, Chief Operating Officer of Broadstone Net Lease, Inc. since Au...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$4.20m | 0.20% $ 5.6m | |
| President & COO | 1.3yrs | US$3.16m | 0.15% $ 4.2m | |
| Executive VP & CFO | 1.3yrs | US$2.20m | 0.084% $ 2.4m | |
| Senior VP | 5.8yrs | US$1.05m | 0.045% $ 1.3m | |
| Senior VP | 6.3yrs | no data | 0.044% $ 1.3m | |
| Senior Vice President of Human Resources & Administration | 4.3yrs | no data | 0.033% $ 960.6k | |
| Senior Vice President of Underwriting & Strategy | less than a year | no data | 0.015% $ 439.5k | |
| Senior Vice President of Acquisitions | less than a year | no data | no data | |
| Senior VP of Accounting & Controller | 1.3yrs | no data | 0.013% $ 366.8k |
1.3yrs
Average Tenure
38.5yo
Average Age
Experienced Management: BNL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$4.20m | 0.20% $ 5.6m | |
| Independent Director | 11yrs | US$192.50k | 0.027% $ 777.6k | |
| Independent Director | 3yrs | US$124.76k | 0.031% $ 881.1k | |
| Independent Director | 17.3yrs | US$176.44k | 0.0027% $ 76.1k | |
| Independent Director | 17.3yrs | US$130.19k | 0.056% $ 1.6m | |
| Independent Director | 3yrs | US$171.97k | 0.0094% $ 269.7k | |
| Independent Chairman | 8yrs | US$176.30k | 0.062% $ 1.8m | |
| Independent Director | 1.3yrs | US$149.40k | 0.0033% $ 95.4k | |
| Independent Director | 1.3yrs | no data | 0.0033% $ 95.4k |
3.0yrs
Average Tenure
55yo
Average Age
Experienced Board: BNL's board of directors are considered experienced (3 years average tenure).