Essex Property Trust Management
Management criteria checks 4/4
Essex Property Trust's CEO is Angela Kleiman, appointed in Apr 2023, has a tenure of 1.5 years. total yearly compensation is $3.08M, comprised of 28% salary and 72% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $3.40M. The average tenure of the management team and the board of directors is 2.2 years and 8.1 years respectively.
Key information
Angela Kleiman
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 28.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 2.2yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Essex Property Trust: A Dividend Aristocrat Worth Buying Now
Apr 05Essex Property Trust: Build And Buy Apartments Like A Pro
Feb 15Essex Property Trust: A Growth REIT With An Attractive Yield
Jan 15Essex Property Trust: I Expect The West Coast To Outperform Next
Dec 11Essex Property Trust: Still Has Potential
Dec 05Essex Property Trust: Low Yield, Small Discount To NAV
Nov 06Essex Property Trust: California Exposure Isn't That Problematic
Oct 12Essex Property Trust: Dividend Yield At A High
Oct 01Essex Property Trust: Don't Mind The California Exposure
Jul 29Essex Property: A Smart Value For A Frothy Market
Jun 14Essex Property Trust: Great Long-Term REIT, Still Some Near-Term Questions
Jan 23Essex Property Trust Is Clearly The Best Bargain When It Comes To Residential REITs
Jan 12Why Buy Rentals When You Can Buy Essex Property
Dec 16Essex Property Trust declares $2.20 dividend
Dec 09Apartments In Free Fall, So I Bought Essex
Nov 09Essex Property Trust: Long-Term Compounder In The Bargain Bin
Oct 20Essex Property Trust declares $2.20 dividend
Sep 15Essex Property Trust: Another Beat-And-Raise Quarter
Aug 21Essex Property Trust: Hefty West Coast Dividend Checks
Jun 08Essex Property Trust: A West Coast Sharpshooter That Checks All Boxes, Except For One
Mar 29Essex Property Trust: Why I (Sadly) Sold And Where I Reinvested The Proceeds
Jan 27Essex Property Trust: Rising Dividends Supported By Rent Growth
Nov 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$863k | US$406m |
| Sep 30 2023 | n/a | n/a | US$526m |
| Jun 30 2023 | n/a | n/a | US$531m |
| Mar 31 2023 | n/a | n/a | US$489m |
| Dec 31 2022 | US$6m | US$750k | US$408m |
| Sep 30 2022 | n/a | n/a | US$360m |
| Jun 30 2022 | n/a | n/a | US$386m |
| Mar 31 2022 | n/a | n/a | US$393m |
| Dec 31 2021 | US$4m | US$750k | US$489m |
| Sep 30 2021 | n/a | n/a | US$447m |
| Jun 30 2021 | n/a | n/a | US$403m |
| Mar 31 2021 | n/a | n/a | US$422m |
| Dec 31 2020 | US$3m | US$650k | US$569m |
| Sep 30 2020 | n/a | n/a | US$602m |
| Jun 30 2020 | n/a | n/a | US$628m |
| Mar 31 2020 | n/a | n/a | US$635m |
| Dec 31 2019 | US$3m | US$500k | US$439m |
| Sep 30 2019 | n/a | n/a | US$428m |
| Jun 30 2019 | n/a | n/a | US$410m |
| Mar 31 2019 | n/a | n/a | US$418m |
| Dec 31 2018 | US$3m | US$500k | US$390m |
| Sep 30 2018 | n/a | n/a | US$376m |
| Jun 30 2018 | n/a | n/a | US$375m |
| Mar 31 2018 | n/a | n/a | US$345m |
| Dec 31 2017 | US$3m | US$450k | US$433m |
Compensation vs Market: Angela's total compensation ($USD3.08M) is below average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Angela's compensation has been consistent with company performance over the past year.
CEO
Angela Kleiman (52 yo)
less than a year
Tenure
US$3,076,648
Compensation
Ms. Angela L. Kleiman serves as Chief Executive Officer and President at Essex Property Trust, Inc and served as Senior Executive Vice President and Chief Operating Officer since January 1, 2021 until Marc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$3.08m | 0.021% $ 3.4m | |
| Executive VP & CFO | 3.3yrs | US$1.68m | 0.010% $ 1.7m | |
| Executive VP | no data | US$1.29m | 0.0036% $ 593.2k | |
| Executive VP & Chief Investment Officer | less than a year | no data | 0.0015% $ 253.1k | |
| Senior VP & Chief Accounting Officer | 9.3yrs | no data | 0.0037% $ 604.7k | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Transactions | no data | no data | no data | |
| Senior Vice President of Operations | no data | no data | no data | |
| Senior Vice President of Portfolio Strategy & Analytics | no data | no data | no data | |
| Senior Vice President of Investment Management | no data | no data | no data |
2.2yrs
Average Tenure
45yo
Average Age
Experienced Management: ESS's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.5yrs | US$3.08m | 0.021% $ 3.4m | |
| Independent Director | 6.2yrs | US$264.00k | 0.0039% $ 639.2k | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 10yrs | US$292.00k | 0.013% $ 2.2m | |
| Independent Chairman of the Board | 30.3yrs | US$375.00k | 0.27% $ 44.2m | |
| Vice Chairman of the Board | 29.8yrs | US$239.00k | 0.040% $ 6.5m | |
| Director | 30.3yrs | US$2.74m | 0.085% $ 14.0m | |
| Independent Director | 10yrs | US$256.00k | 0.0057% $ 935.0k | |
| Independent Director | 12.9yrs | US$250.00k | 0.0057% $ 931.7k | |
| Independent Director | 4.1yrs | US$251.00k | 0.0029% $ 483.1k | |
| Independent Director | 5.6yrs | US$274.00k | 0.0025% $ 414.1k | |
| Independent Director | less than a year | no data | 0.0039% $ 639.2k |
8.1yrs
Average Tenure
68.5yo
Average Age
Experienced Board: ESS's board of directors are considered experienced (8.1 years average tenure).