Hersha Hospitality Trust Management
Management criteria checks 3/4
Hersha Hospitality Trust's CEO is Neil Shah, appointed in Jan 2006, has a tenure of 17.83 years. total yearly compensation is $4.29M, comprised of 18.6% salary and 81.4% bonuses, including company stock and options. directly owns 6.97% of the company’s shares, worth $33.66M. The average tenure of the management team and the board of directors is 17.8 years and 14.4 years respectively.
Key information
Neil Shah
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 18.6% |
| CEO tenure | 17.8yrs |
| CEO ownership | 7.0% |
| Management average tenure | 17.8yrs |
| Board average tenure | 14.4yrs |
Recent management updates
Recent updates
Hersha Hospitality: A Buyout Is A Good Time To Cash Out
Aug 29Hersha Hospitality Trust: Undervalued But Financial Performance A Concern
Jun 20Hersha Hospitality Trust: Resilient Portfolio With A Promising Future
Jun 12Hersha Hospitality FFO of $0.34 misses by $0.02, revenue of $96.47M in-line
Feb 15Hersha Hospitality declares $0.05 dividend & special dividend of $0.50 per common share
Dec 15Hersha Hospitality reinstates quarterly dividend
Sep 19Hersha Hospitality Trust to sell two West Coast properties for $125M
Sep 12Hersha Hospitality Trust refinances $500M credit facility
Aug 05Big Changes Have Made Hersha Hospitality Trust A Worthwhile Prospect
Jun 05Hersha Hospitality: Learn From My Falling In Love With A Stock
Jan 12Hersha Hospitality: Weighed Down By Debt, The Preferreds Are The Best Way To Tap Into Cash Flows
Oct 18Hersha Hospitality Trust: Improvements Are Encouraging
Jul 26Hersha Hospitality Trust (HT) Investor Presentation - Slideshow
Jun 09Hersha Hospitality FFO beats by $0.11, beats on revenue
Apr 28Is Hersha Hospitality Trust's (NYSE:HT) Shareholder Ownership Skewed Towards Insiders?
Feb 10
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$8m |
| Jun 30 2023 | n/a | n/a | US$128m |
| Mar 31 2023 | n/a | n/a | US$129m |
| Dec 31 2022 | US$4m | US$800k | US$121m |
| Sep 30 2022 | n/a | n/a | US$77m |
| Jun 30 2022 | n/a | n/a | -US$57m |
| Mar 31 2022 | n/a | n/a | -US$88m |
| Dec 31 2021 | US$5m | US$775k | -US$63m |
| Sep 30 2021 | n/a | n/a | -US$89m |
| Jun 30 2021 | n/a | n/a | -US$120m |
| Mar 31 2021 | n/a | n/a | -US$159m |
| Dec 31 2020 | US$3m | US$452k | -US$189m |
| Sep 30 2020 | n/a | n/a | -US$155m |
| Jun 30 2020 | n/a | n/a | -US$112m |
| Mar 31 2020 | n/a | n/a | -US$45m |
| Dec 31 2019 | US$3m | US$775k | -US$29m |
| Sep 30 2019 | n/a | n/a | -US$23m |
| Jun 30 2019 | n/a | n/a | -US$21m |
| Mar 31 2019 | n/a | n/a | -US$14m |
| Dec 31 2018 | US$5m | US$750k | -US$15m |
| Sep 30 2018 | n/a | n/a | -US$26m |
| Jun 30 2018 | n/a | n/a | -US$25m |
| Mar 31 2018 | n/a | n/a | US$42m |
| Dec 31 2017 | US$5m | US$725k | US$75m |
| Sep 30 2017 | n/a | n/a | US$91m |
| Jun 30 2017 | n/a | n/a | US$97m |
| Mar 31 2017 | n/a | n/a | US$125m |
| Dec 31 2016 | US$3m | US$706k | US$95m |
Compensation vs Market: Neil's total compensation ($USD4.29M) is above average for companies of similar size in the US market ($USD2.23M).
Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.
CEO
Neil Shah (49 yo)
17.8yrs
Tenure
US$4,294,751
Compensation
Mr. Neil H. Shah serves as Chief Executive Officer and Director of Hersha Hospitality Trust since January 1, 2023. Mr. Shah has been President of Hersha Hospitality Trust since January 1, 2006. He was Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of Board | 17.8yrs | US$4.38m | 7.18% $ 34.7m | |
| President | 17.8yrs | US$4.29m | 6.97% $ 33.7m | |
| CFO, Executive VP & Assistant Secretary | 24.8yrs | US$2.82m | 0.75% $ 3.6m | |
| Chief Accounting Officer | 18.4yrs | US$1.26m | 0% $ 0 | |
| Director of Finance & Investor Relation | no data | no data | no data | |
| Senior Vice President & General Counsel | no data | no data | no data | |
| Senior Vice President of Asset Management | less than a year | no data | no data | |
| Senior Vice President of Asset Management | less than a year | no data | no data | |
| Senior Vice President of Acquisitions & Development | less than a year | no data | no data | |
| Treasurer & Corporate Secretary | 20.9yrs | no data | 0.014% $ 68.3k | |
| Executive Officer | no data | no data | no data | |
| Director of Acquisitions and Director of Asset Management | 18.8yrs | no data | no data |
17.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: HT's management team is seasoned and experienced (17.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of Board | 17.8yrs | US$4.38m | 7.18% $ 34.7m | |
| President | less than a year | US$4.29m | 6.97% $ 33.7m | |
| Independent Trustee | 11.5yrs | US$259.53k | 0.37% $ 1.8m | |
| Lead Independent Trustee | 22.6yrs | US$307.78k | 0.48% $ 2.3m | |
| Chairman Emeritus | no data | US$774.42k | 1.77% $ 8.6m | |
| Independent Trustee | 13.6yrs | US$246.27k | 0.29% $ 1.4m | |
| Independent Trustee | 15.2yrs | US$347.76k | 0.48% $ 2.3m | |
| Independent Trustee | 6.4yrs | US$320.28k | 0.39% $ 1.9m | |
| Independent Trustee | 20.4yrs | US$284.77k | 0.31% $ 1.5m |
14.4yrs
Average Tenure
71yo
Average Age
Experienced Board: HT's board of directors are seasoned and experienced ( 14.4 years average tenure).