CareTrust REIT Management

Management criteria checks 3/4

CareTrust REIT's CEO is Dave Sedgwick, appointed in Feb 2021, has a tenure of 3.08 years. total yearly compensation is $5.43M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $7.54M. The average tenure of the management team and the board of directors is 6.3 years and 2 years respectively.

Key information

Dave Sedgwick

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage14.7%
CEO tenure3.1yrs
CEO ownership0.2%
Management average tenure6.3yrs
Board average tenure2yrs

Recent management updates

Recent updates

CareTrust REIT: Fat, Stable Yield With Upside

Feb 05

CareTrust: High-Quality Business Attractively Valued

Nov 25

Medical Properties Trust Vs. CareTrust REIT: One On The Rise, The Other In Decline

Sep 21

CareTrust REIT: A Safer Alternative To Omega Healthcare Investors

Sep 14

CareTrust REIT: Thesis Update After Q2 Results, Hold For Now

Aug 18

CareTrust REIT: Decent Yield And Attractive Risk Profile

Jun 14

CareTrust REIT: Opportunistic Capital Structure At The Right Moment

Jun 05

CareTrust REIT: The Best Real Estate Investment In Senior Care

Feb 11

CareTrust REIT declares $0.275 dividend

Dec 16

CareTrust REIT: Earn A Solid 5.5% Yield From This Sturdy REIT

Sep 21

CareTrust REIT declares $0.275 dividend

Sep 15

CareTrust REIT extends secured loan on California skilled nursing facilities

Aug 02

Put CareTrust REIT On Hold

Jul 13

CareTrust REIT name Diana Laing chair after Stapley's planned resignation

Jul 01

CareTrust REIT: Worsening Labor Shortage But Improving Occupancy

May 02

CareTrust REIT: A Value Investment For Long Term Hold

Feb 18

CareTrust REIT: Why This 5% Yielder Is A Great Value Buy

Dec 13

CareTrust REIT: An Excellent Value Stock Currently Yielding 5.1%

Oct 02

Here's Why We Think CareTrust REIT (NASDAQ:CTRE) Is Well Worth Watching

Sep 03
Here's Why We Think CareTrust REIT (NASDAQ:CTRE) Is Well Worth Watching

CareTrust REIT: This Cash Cow Gives Income And Growth

Jul 20

CareTrust REIT declares $0.265 dividend

Jun 16

CareTrust REIT (CTRE) Investor Presentation - Slideshow

Jun 09

CareTrust REIT's subsidiaries offer $400M in senior notes due 2028

Jun 01

Do CareTrust REIT's (NASDAQ:CTRE) Earnings Warrant Your Attention?

May 29
Do CareTrust REIT's (NASDAQ:CTRE) Earnings Warrant Your Attention?

CareTrust REIT, Inc. 2021 Q1 - Results - Earnings Call Presentation

May 07

It Looks Like Shareholders Would Probably Approve CareTrust REIT, Inc.'s (NASDAQ:CTRE) CEO Compensation Package

Apr 24
It Looks Like Shareholders Would Probably Approve CareTrust REIT, Inc.'s (NASDAQ:CTRE) CEO Compensation Package

CEO Compensation Analysis

How has Dave Sedgwick's remuneration changed compared to CareTrust REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$5mUS$800k

US$53m

Sep 30 2023n/an/a

US$41m

Jun 30 2023n/an/a

US$33m

Mar 31 2023n/an/a

US$55m

Dec 31 2022US$4mUS$700k

-US$8m

Sep 30 2022n/an/a

-US$4m

Jun 30 2022n/an/a

US$7m

Mar 31 2022n/an/a

US$8m

Dec 31 2021US$5mUS$495k

US$71m

Sep 30 2021n/an/a

US$74m

Jun 30 2021n/an/a

US$84m

Mar 31 2021n/an/a

US$82m

Dec 31 2020US$2mUS$450k

US$81m

Sep 30 2020n/an/a

US$80m

Jun 30 2020n/an/a

US$49m

Mar 31 2020n/an/a

US$49m

Dec 31 2019US$1mUS$345k

US$46m

Sep 30 2019n/an/a

US$41m

Jun 30 2019n/an/a

US$65m

Mar 31 2019n/an/a

US$59m

Dec 31 2018US$1mUS$315k

US$58m

Sep 30 2018n/an/a

US$44m

Jun 30 2018n/an/a

US$41m

Mar 31 2018n/an/a

US$30m

Dec 31 2017US$1mUS$285k

US$26m

Compensation vs Market: Dave's total compensation ($USD5.43M) is about average for companies of similar size in the US market ($USD6.35M).

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


CEO

Dave Sedgwick (47 yo)

3.1yrs

Tenure

US$5,430,306

Compensation

Mr. David M. Sedgwick, also known as Dave, has been Chief Executive Officer of CareTrust REIT, Inc. since January 1, 2022, serves as its Director since June 2022 and was its Chief Operating Officer since A...


Leadership Team

NamePositionTenureCompensationOwnership
David Sedgwick
CEO, President & Director3.1yrsUS$5.43m0.23%
$ 7.5m
William Wagner
CFO & Treasurer10.3yrsUS$2.66m0.20%
$ 6.5m
James Callister
Chief Investment Officer & Secretary3.1yrsUS$2.47m0.050%
$ 1.6m
Eric Gillis
Director of Asset Managementno datano datano data
Lauren Beale
Senior VP & Controller9.5yrsno datano data

6.3yrs

Average Tenure

47yo

Average Age

Experienced Management: CTRE's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Sedgwick
CEO, President & Director1.8yrsUS$5.43m0.23%
$ 7.5m
Diana Laing
Independent Chairman of the Board5.2yrsUS$295.00k0.019%
$ 639.3k
Careina Williams
Independent Director2yrsUS$220.00k0.0094%
$ 308.4k
Anne Olson
Independent Director1.8yrsUS$200.00k0.0094%
$ 308.4k
Spencer Plumb
Independent Director7.1yrsUS$215.00k0.026%
$ 858.1k

2.0yrs

Average Tenure

47yo

Average Age

Experienced Board: CTRE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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