First Industrial Realty Trust Management
Management criteria checks 4/4
First Industrial Realty Trust's CEO is Peter Baccile, appointed in Sep 2016, has a tenure of 8.17 years. total yearly compensation is $6.41M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth $2.92M. The average tenure of the management team and the board of directors is 8.2 years and 8.2 years respectively.
Key information
Peter Baccile
Chief executive officer
US$6.4m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 8.2yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
First Industrial: Still Attractive Despite Policy Risk
Nov 14First Industrial Realty Trust: One Of My Top Industrial REIT Picks
Sep 08First Industrial Realty Trust Sets The Ground For The Upcoming Upside
Jul 24First Industrial: Recent Volatility Makes Them More Attractive Compared To Peers
Jul 09First Industrial Looks Buyable As Market Conditions Improve
Jun 20First Industrial: Shares Attractive Despite Softer Q1 Results
Apr 18First Industrial Is Positioned For A Strong 2024
Jan 05First Industrial: Embedded Growth At A Discount
Oct 25First Industrial: Buy The Dip On This Fast-Growing REIT
Oct 07First Industrial: Is It A Buy Following Another Quarter Of Record Rental Growth?
Jul 21First Industrial Realty: The Speculative Exposure Still Warrants A Higher Risk Premium
Feb 15Should You Be Adding First Industrial Realty Trust (NYSE:FR) To Your Watchlist Today?
Feb 12
First Industrial Realty Trust FFO of $0.59 beats by $0.03, revenue of $144.62M beats by $4.87M
Feb 08First Industrial: Not The Best Time For Speculative Development
Dec 07First Industrial Realty Trust Q3 2022 Earnings Preview
Oct 19Do First Industrial Realty Trust's (NYSE:FR) Earnings Warrant Your Attention?
Oct 11First Industrial Realty Trust: The Picture Keeps Getting Better
Aug 21First Industrial Realty Trust declares $0.295 dividend
Aug 05First Industrial Realty Trust FFO of $0.56 beats by $0.02, revenue of $130.05M beats by $2.5M
Jul 20Is Now The Time To Put First Industrial Realty Trust (NYSE:FR) On Your Watchlist?
Jun 23First Industrial's Growth Outpaces Its Valuation
Jun 13If You Like EPS Growth Then Check Out First Industrial Realty Trust (NYSE:FR) Before It's Too Late
Mar 07First Industrial Realty Trust: Still Not The Right Moment
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$308m |
| Jun 30 2024 | n/a | n/a | US$284m |
| Mar 31 2024 | n/a | n/a | US$287m |
| Dec 31 2023 | US$6m | US$836k | US$275m |
| Sep 30 2023 | n/a | n/a | US$267m |
| Jun 30 2023 | n/a | n/a | US$316m |
| Mar 31 2023 | n/a | n/a | US$378m |
| Dec 31 2022 | US$6m | US$800k | US$359m |
| Sep 30 2022 | n/a | n/a | US$391m |
| Jun 30 2022 | n/a | n/a | US$310m |
| Mar 31 2022 | n/a | n/a | US$245m |
| Dec 31 2021 | US$5m | US$875k | US$271m |
| Sep 30 2021 | n/a | n/a | US$240m |
| Jun 30 2021 | n/a | n/a | US$234m |
| Mar 31 2021 | n/a | n/a | US$217m |
| Dec 31 2020 | US$7m | US$850k | US$196m |
| Sep 30 2020 | n/a | n/a | US$209m |
| Jun 30 2020 | n/a | n/a | US$251m |
| Mar 31 2020 | n/a | n/a | US$255m |
| Dec 31 2019 | US$4m | US$750k | US$238m |
| Sep 30 2019 | n/a | n/a | US$192m |
| Jun 30 2019 | n/a | n/a | US$145m |
| Mar 31 2019 | n/a | n/a | US$150m |
| Dec 31 2018 | US$4m | US$750k | US$163m |
| Sep 30 2018 | n/a | n/a | US$210m |
| Jun 30 2018 | n/a | n/a | US$222m |
| Mar 31 2018 | n/a | n/a | US$214m |
| Dec 31 2017 | US$3m | US$750k | US$201m |
Compensation vs Market: Peter's total compensation ($USD6.41M) is about average for companies of similar size in the US market ($USD7.97M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Baccile (62 yo)
8.2yrs
Tenure
US$6,413,736
Compensation
Mr. Peter E. Baccile has been President of First Industrial Realty Trust, Inc since September 2016, Chief Executive Officer since December 2016 and its Director since 2016. Mr. Baccile serves as President,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.2yrs | US$6.41m | 0.040% $ 2.9m | |
| Co-Founder | 27.8yrs | US$3.22m | 0.15% $ 10.9m | |
| CFO, Senior VP | 22.5yrs | US$1.91m | 0.061% $ 4.4m | |
| General Counsel & Secretary | 5yrs | US$1.27m | 0.021% $ 1.5m | |
| Executive Vice President of East Region | 15.7yrs | US$2.35m | 0.081% $ 5.8m | |
| Executive VP of Operations & Chief Information Officer | no data | no data | no data | |
| Chief Accounting Officer | 7.8yrs | no data | no data | |
| Senior Vice President of Investor Relations & Marketing | no data | no data | no data | |
| Executive Vice President of Capital Markets & Asset Management | 12.8yrs | no data | no data | |
| Senior Regional Director of Chicago | 7.8yrs | no data | no data | |
| Senior Vice President of Environmental | no data | no data | no data | |
| Senior Vice President of Sustainability & Research | less than a year | no data | no data |
8.2yrs
Average Tenure
61yo
Average Age
Experienced Management: FR's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.2yrs | US$6.41m | 0.040% $ 2.9m | |
| Lead Independent Director | 30.4yrs | US$240.70k | 0.021% $ 1.5m | |
| Independent Chairman | 14.7yrs | US$260.26k | 0.024% $ 1.7m | |
| Independent Director | 4.5yrs | US$219.73k | 0% $ 0 | |
| Independent Director | 7yrs | US$217.39k | 0.0016% $ 118.2k | |
| Independent Director | 3.8yrs | US$212.08k | 0.0022% $ 162.1k | |
| Independent Director | 14.9yrs | US$241.14k | 0.028% $ 2.0m |
8.2yrs
Average Tenure
64yo
Average Age
Experienced Board: FR's board of directors are considered experienced (8.2 years average tenure).