Elme Communities Management
Management criteria checks 3/4
Elme Communities' CEO is Paul McDermott, appointed in Oct 2013, has a tenure of 10.42 years. total yearly compensation is $5.28M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth $8.48M. The average tenure of the management team and the board of directors is 3.3 years and 9.2 years respectively.
Key information
Paul McDermott
Chief executive officer
US$5.3m
Total compensation
CEO salary percentage | 14.2% |
CEO tenure | 10.4yrs |
CEO ownership | 0.7% |
Management average tenure | 3.3yrs |
Board average tenure | 9.2yrs |
Recent management updates
Recent updates
Elme Communities: Positive Developments, Neutral View On Shares
Oct 31ELME Communities: Executing On Transformation Efforts, Shares Fairly Valued
Aug 24Elme Communities: Investing In Smart Technologies To Grow FFO
Jun 21Elme Communities Q4 Earnings Preview
Feb 15Elme Communities: May Have Missed The Multifamily Train
Jan 18Elme Communities goes ex-dividend tomorrow
Dec 20Elme Communities CFO Stephen Riffee to retire
Nov 09Washington Real Estate: Too Concentrated In Just One Economic Region
Sep 19Washington Real Estate Investment Trust: Shares Are Starting To Look Unappealing
May 28CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -US$53m |
Sep 30 2023 | n/a | n/a | -US$54m |
Jun 30 2023 | n/a | n/a | -US$21m |
Mar 31 2023 | n/a | n/a | -US$27m |
Dec 31 2022 | US$5m | US$750k | -US$31m |
Sep 30 2022 | n/a | n/a | -US$34m |
Jun 30 2022 | n/a | n/a | -US$46m |
Mar 31 2022 | n/a | n/a | -US$54m |
Dec 31 2021 | US$4m | US$750k | -US$54m |
Sep 30 2021 | n/a | n/a | -US$62m |
Jun 30 2021 | n/a | n/a | -US$47m |
Mar 31 2021 | n/a | n/a | -US$42m |
Dec 31 2020 | US$5m | US$750k | -US$41m |
Sep 30 2020 | n/a | n/a | US$29m |
Jun 30 2020 | n/a | n/a | US$26m |
Mar 31 2020 | n/a | n/a | US$32m |
Dec 31 2019 | US$4m | US$650k | -US$6m |
Sep 30 2019 | n/a | n/a | -US$27m |
Jun 30 2019 | n/a | n/a | -US$18m |
Mar 31 2019 | n/a | n/a | -US$7m |
Dec 31 2018 | US$4m | US$650k | US$627k |
Sep 30 2018 | n/a | n/a | US$3m |
Jun 30 2018 | n/a | n/a | US$7m |
Mar 31 2018 | n/a | n/a | US$10m |
Dec 31 2017 | US$7m | US$650k | -US$4m |
Compensation vs Market: Paul's total compensation ($USD5.28M) is about average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul McDermott (61 yo)
10.4yrs
Tenure
US$5,279,117
Compensation
Mr. Paul T. McDermott serves as the Chief Executive Officer, President and Trustee at Elme Communities (formerly known as Washington Real Estate Investment Trust) since October 1, 2013 and has been its Cha...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of Board | 10.4yrs | US$5.28m | 0.70% $ 8.5m | |
Senior VP of Information Technology & Chief Information Officer | 7.9yrs | US$972.05k | 0.066% $ 800.1k | |
Executive VP & CFO | less than a year | no data | 0.049% $ 596.6k | |
Executive VP & COO | less than a year | no data | 0.047% $ 573.6k | |
Vice President of Investments | no data | no data | no data | |
Vice President of Research | no data | no data | no data | |
Senior VP | less than a year | no data | 0.054% $ 653.6k | |
Vice President of Investor Relations | 4.7yrs | no data | no data | |
Vice President of Human Resources | 2yrs | no data | no data | |
Controller | 6.2yrs | no data | no data |
3.3yrs
Average Tenure
48yo
Average Age
Experienced Management: ELME's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of Board | 10.4yrs | US$5.28m | 0.70% $ 8.5m | |
Independent Trustee | 9.2yrs | US$179.99k | 0.0022% $ 27.3k | |
Independent Trustee | 1.8yrs | US$92.28k | 0% $ 0 | |
Lead Independent Trustee | 9.7yrs | US$169.99k | 0% $ 0 | |
Independent Trustee | 6.8yrs | US$182.49k | 0.037% $ 448.5k | |
Independent Trustee | 12.7yrs | US$176.49k | 0% $ 0 | |
Independent Director | less than a year | no data | 0.0018% $ 21.8k |
9.2yrs
Average Tenure
65yo
Average Age
Experienced Board: ELME's board of directors are considered experienced (9.2 years average tenure).