Farmland Partners Management
Management criteria checks 2/4
Farmland Partners' CEO is Luca Fabbri, appointed in Oct 2021, has a tenure of 3.08 years. total yearly compensation is $1.16M, comprised of 32.2% salary and 67.8% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth $4.12M. The average tenure of the management team and the board of directors is 2 years and 2.4 years respectively.
Key information
Luca Fabbri
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 32.2% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
Farmland Partners Massive Land Sale Demonstrates Asset Value
Oct 17Farmland Partners: Selling A Quarter Of Their Book Confirms 50% Upside To NAV
Oct 07Farmland Partners: A Better Alternative To Gold Or Treasuries
Sep 24Farmland Partners: Reaching NAV Unlikely Outside Of A Sale
Jul 11Farmland Partners Q1 Earnings: Results In Line, Still Pricey
May 01Farmland Partners: The Store Of Value Thesis
Mar 20Farmland Partners: Some Structural Merits, But Not Very Compelling At These Levels
Jan 02Farmland Partners: Why The Strategy Is Not Working
Oct 18Farmland Partners' ~$18.60 Value Is Obscured By Accounting Intricacies
Aug 15Farmland Partners: Unique Business But Pricey
Jul 20Farmland Partners Q4 Earnings: Is The Stock Worth Buying The Dip?
Feb 24Farmland Partners acquires Illinois Farmland for $2.16M
Feb 03Farmland Partners: Assessing If A Breakout Is At Hand
Jan 19Farmland Partners appoints Luca Fabbri as CEO
Nov 08Farmland Partners Q3 2022 Earnings Preview
Oct 24Farmland partners purchases two new farms for $3.36M
Oct 12Farmland Partners Remains A Value Even After Doubling
Sep 14Farmland Partners: Portfolio Diversifier And Tail Hedge
Sep 02Farmland Partners sees revenue growth as renewable energy tenant expands solar power portfolio
Aug 24Farmland Partners acquires two Illinois farms for $6.6M
Aug 03Farmland Partners Q2 2022 Earnings Preview
Jul 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$15m |
| Jun 30 2024 | n/a | n/a | US$18m |
| Mar 31 2024 | n/a | n/a | US$28m |
| Dec 31 2023 | US$1m | US$375k | US$28m |
| Sep 30 2023 | n/a | n/a | US$17m |
| Jun 30 2023 | n/a | n/a | US$14m |
| Mar 31 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$937k | US$330k | US$8m |
| Sep 30 2022 | n/a | n/a | US$9m |
| Jun 30 2022 | n/a | n/a | US$3m |
| Mar 31 2022 | n/a | n/a | -US$5m |
| Dec 31 2021 | US$807k | US$315k | -US$6m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$726k | US$300k | -US$5m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | US$2m |
| Dec 31 2019 | US$685k | US$275k | US$1m |
| Sep 30 2019 | n/a | n/a | -US$572k |
| Jun 30 2019 | n/a | n/a | US$4m |
| Mar 31 2019 | n/a | n/a | -US$816k |
| Dec 31 2018 | US$653k | US$275k | -US$420k |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$2m |
| Mar 31 2018 | n/a | n/a | US$710k |
| Dec 31 2017 | US$439k | US$275k | US$907k |
Compensation vs Market: Luca's total compensation ($USD1.16M) is below average for companies of similar size in the US market ($USD3.20M).
Compensation vs Earnings: Luca's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Luca Fabbri (55 yo)
3.1yrs
Tenure
US$1,162,823
Compensation
Mr. Luca Fabbri serves as President at Farmland Partners Inc. since October 11, 2021 and serves as its Chief Executive Officer since February 23, 2023 and serves as its Non-Independent Director since 2023....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.6yrs | US$2.19m | 5.52% $ 33.4m | |
| CEO, President & Non-Independent Director | 3.1yrs | US$1.16m | 0.68% $ 4.1m | |
| CFO & Treasurer | less than a year | no data | 0.014% $ 86.7k | |
| Vice President of Operations | 2.3yrs | no data | no data | |
| General Counsel & Secretary | no data | no data | 0.052% $ 313.2k |
2.0yrs
Average Tenure
Experienced Management: FPI's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.6yrs | US$2.19m | 5.52% $ 33.4m | |
| CEO, President & Non-Independent Director | 1.8yrs | US$1.16m | 0.68% $ 4.1m | |
| Independent Director | 6.8yrs | US$97.26k | 0.18% $ 1.1m | |
| Lead Independent Director | 1.7yrs | US$80.78k | 0.017% $ 101.3k | |
| Director | less than a year | no data | 0.027% $ 164.6k | |
| Independent Director | 3yrs | US$102.22k | 0.041% $ 249.5k |
2.4yrs
Average Tenure
61yo
Average Age
Experienced Board: FPI's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.