Four Corners Property Trust Management

Management criteria checks 3/4

Four Corners Property Trust's CEO is Bill Lenehan, appointed in Aug 2015, has a tenure of 9.17 years. total yearly compensation is $5.34M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth $18.07M. The average tenure of the management team and the board of directors is 3.4 years and 8.1 years respectively.

Key information

Bill Lenehan

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage	12.5%
CEO tenure	9.2yrs
CEO ownership	0.7%
Management average tenure	3.4yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

Four Corners Property Trust Delivered Solid Results And Continues Robust Investment Activity

Oct 03

Four Corners Property Trust: Staying Bullish On This High Yielding Retail-Centric REIT

Jul 30

Four Corners Property Trust Continues To Diversify With Lower Investment Volume

Jul 21

Four Corners Property Trust: Its Peers Have Better Value Proposition

May 30

Four Corners Property Trust: A Fortress Balance Sheet With Ample Growth Prospects

Apr 17

Four Corners Property Trust: A Sleeper REIT You Should Add To Your Watchlist

Jan 19

Four Corners: Upgrade To Buy On Sector Diversification And Improved Tenant Quality (Ratings Upgrade)

Nov 08

Four Corners: A Look At This 5.6% Yielding REIT

Sep 08

The Dividend Of Four Corners Property Trust Remains Attractive

Jul 04

Four Corners Property Trust FFO of $0.41 in-line, revenue of $57.36M beats by $0.15M

Feb 15

Here's Why We Think Four Corners Property Trust (NYSE:FCPT) Might Deserve Your Attention Today

Feb 15

Four Corners Property Trust disposes a red lobster property for $4.7M

Jan 18

FCPT buys 2 restaurant locations in New York for $6.9M

Dec 28

CEO Compensation Analysis

How has Bill Lenehan's remuneration changed compared to Four Corners Property Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$97m
Mar 31 2024	n/a	n/a	US$96m
Dec 31 2023	US$5m	US$670k	US$95m
Sep 30 2023	n/a	n/a	US$94m
Jun 30 2023	n/a	n/a	US$94m
Mar 31 2023	n/a	n/a	US$99m
Dec 31 2022	US$4m	US$662k	US$98m
Sep 30 2022	n/a	n/a	US$99m
Jun 30 2022	n/a	n/a	US$95m
Mar 31 2022	n/a	n/a	US$87m
Dec 31 2021	US$3m	US$630k	US$86m
Sep 30 2021	n/a	n/a	US$82m
Jun 30 2021	n/a	n/a	US$80m
Mar 31 2021	n/a	n/a	US$79m
Dec 31 2020	US$3m	US$589k	US$77m
Sep 30 2020	n/a	n/a	US$76m
Jun 30 2020	n/a	n/a	US$75m
Mar 31 2020	n/a	n/a	US$74m
Dec 31 2019	US$2m	US$578k	US$73m
Sep 30 2019	n/a	n/a	US$75m
Jun 30 2019	n/a	n/a	US$74m
Mar 31 2019	n/a	n/a	US$84m
Dec 31 2018	US$3m	US$525k	US$82m
Sep 30 2018	n/a	n/a	US$80m
Jun 30 2018	n/a	n/a	US$81m
Mar 31 2018	n/a	n/a	US$72m
Dec 31 2017	US$3m	US$500k	US$71m

Compensation vs Market: Bill's total compensation ($USD5.34M) is about average for companies of similar size in the US market ($USD6.79M).

Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.

CEO

Bill Lenehan (47 yo)

9.2yrs

Tenure

US$5,342,066

Compensation

Mr. William Howard Lenehan IV, also known as Bill, has been the Chief Executive Officer of Four Corners Property Trust, Inc. since joining it on August 17, 2015 and has also been its President and Member o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Lenehan	President	9.2yrs	US$5.34m	0.67% $ 18.1m
James Brat	COO, General Counsel & Secretary	8.9yrs	US$1.95m	0.13% $ 3.4m
Patrick Wernig	CFO & Treasurer	less than a year	no data	0.13% $ 3.4m
Niccole Stewart	Chief Accounting Officer	6.8yrs	no data	0.038% $ 1.0m
Drake Nylund	Manager of Corporate Finance	2.8yrs	no data	no data
Park Allen	Vice President of People	less than a year	no data	no data
Warren Smith	Controller of Finance & Reporting	3.4yrs	no data	no data
Kelly Egli	Controller	4.2yrs	no data	no data
Steen Lund	Treasury & Tax Analyst	3yrs	no data	no data

3.4yrs

Average Tenure

47yo

Average Age

Experienced Management: FCPT's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Lenehan	President	9.8yrs	US$5.34m	0.67% $ 18.1m
Douglas Hansen	Independent Director	8.9yrs	US$195.00k	0.075% $ 2.0m
John Moody	Independent Chairman of the Board	8.9yrs	US$295.00k	0.066% $ 1.8m
Marran J. Ogilvie	Independent Director	8.9yrs	US$195.00k	0.014% $ 363.8k
Elizabeth Tennican	Independent Director	3.9yrs	US$185.00k	0.023% $ 622.2k
Charles Jemley	Independent Director	7.3yrs	US$200.00k	0.037% $ 994.1k
Toni Steele	Independent Director	3.9yrs	US$185.00k	0.023% $ 622.2k
Barbara Jesuele	Independent Director	1.6yrs	US$203.81k	0.012% $ 321.5k

8.1yrs

Average Tenure

58yo

Average Age

Experienced Board: FCPT's board of directors are considered experienced (8.1 years average tenure).

Four Corners Property Trust Management

Management criteria checks 3/4

Key information

Recent management updates

Four Corners Property Trust, Inc., Annual General Meeting, Jun 06, 2024

Four Corners Property Trust Announces Gerry Morgan to Retire as Chief Financial Officer, Effective May 3, 2024

Insufficient new directors

President recently bought US$198k worth of stock

Four Corners Property Trust Announces Promotion of James Brat to Chief Operations Officer

Four Corners Property Trust Announces Promotion of James Brat to Chief Operations Officer

Recent updates

Four Corners Property Trust Delivered Solid Results And Continues Robust Investment Activity

Second quarter dividend of US$0.34 announced

Four Corners Property Trust, Inc. has filed a Follow-on Equity Offering in the amount of $500 million.

Four Corners Property Trust, Inc. Declares Cash Dividend for the Third Quarter of 2024, Payable on October 15, 2024

New minor risk - Shareholder dilution

Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Four Corners Property Trust: Staying Bullish On This High Yielding Retail-Centric REIT

Four Corners Property Trust Continues To Diversify With Lower Investment Volume

Four Corners Property Trust, Inc. to Report Q2, 2024 Results on Jul 31, 2024

First quarter dividend of US$0.34 announced

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Mercy Health Clinic property for $3.8 million.

Four Corners Property Trust: Its Peers Have Better Value Proposition

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired National Veterinary Associates property in Florida for $1.8 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Longhorn Steakhouse Property in Illinois for $2 million.

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Four Corners Property Trust, Inc., Annual General Meeting, Jun 06, 2024

Four Corners Property Trust: A Fortress Balance Sheet With Ample Growth Prospects

Four Corners Property Trust, Inc. to Report Q1, 2024 Results on May 01, 2024

Upcoming dividend of US$0.34 per share

Fourth quarter dividend of US$0.34 announced

Four Corners Property Trust, Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024

Four Corners Property Trust Announces Gerry Morgan to Retire as Chief Financial Officer, Effective May 3, 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Baptist Medical Group primary care property for $9.7 million.

Four Corners Property Trust: A Sleeper REIT You Should Add To Your Watchlist

Four Corners Property Trust, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.34 per share at 5.5% yield

Insufficient new directors

Four Corners Property Trust, Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2023, Payable on January 12, 2024

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Taco Bell property in Oklahoma for $2.2 million.

Four Corners: Upgrade To Buy On Sector Diversification And Improved Tenant Quality (Ratings Upgrade)

Third quarter 2023 earnings: EPS misses analyst expectations

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Oak Street Health Property in Arkansas for $2.4 million.

Four Corners Property Trust, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Four Corners Property Trust, Inc. Declares a Quarterly Cash Dividend for the Third Quarter of 2023, Payable on October 13, 2023

Four Corners: A Look At This 5.6% Yielding REIT

An unknown buyer acquired Red Lobster Property from Four Corners Property Trust, Inc. (NYSE:FCPT) for $5.9 million.

An unknown buyer acquired Red Lobster Property from Four Corners Property Trust, Inc. (NYSE:FCPT) for $5.9 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Three newly built properties located in a strong retail corridor in Michigan for $5.2 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Four properties located in Virginia, Georgia and Ohio of Tire Discounters Inc. for $9.1 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Jiffy Lube property in Iowa for $1.6 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Dual-tenant Aspen Dental and WellNow Urgent Care property in New York for $3.3 million.

Four Corners Property Trust, Inc. Declares Dividend on Common Share for the Second Quarter of 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Four Property Developer Portfolio for $17.9 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Two Wawa Properties in New Jersey for $2.5 million.

Four Corners Property Trust, Inc. to Report Q2, 2023 Results on Aug 01, 2023

The Dividend Of Four Corners Property Trust Remains Attractive

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Nine Car Wash properties located in Florida, Indiana, Louisiana, Ohio, Oklahoma, and South Carolina for $40 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired An Olive Garden Property for $3.4 million.

Four Corners Property Trust, Inc. acquired National Veterinary Alliance Property for $7.8 million.

Four Corners Property Trust, Inc. acquired Bojangles Property for $1.4 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Five Oak Street Health properties in Illinois and Indiana for $24.3 million.

Upcoming dividend of US$0.34 per share at 5.3% yield

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Fast Pace Health property for $2.1 million.

An unknown buyer acquired Burger King property located in Virginia from Four Corners Property Trust, Inc. for $2.1 million.

Four Corners Property Trust, Inc. acquired Fresenius Medical Care Property for $2.6 million.

President recently bought US$198k worth of stock

Four Corners Property Trust, Inc. acquired Three Properties of W.W. Williams for $10.3 million.

Four Corners Property Trust, Inc. announced that it expects to receive $100 million in funding

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired National Veterinary Associates property located in Washington for $1.4 million.

Four Corners Property Trust, Inc. (NYSE : FCPT) acquired McAlister’s Deli Property Located in South Carolina for $2.8 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Heartland Dental Property in Missouri for $2.6 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired National Veterinary Associates Property located in in Alaska for $0.637 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Chili’s Property in Virginia for $3.3 million.

Brookshire Brothers Grocery Store acquired Brookshire Brothers Grocery Store for $3.0 million.

First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

An unknown buyer acquired Burger King property located in Alabama from Four Corners Property Trust, Inc. for $2.4 million.