Summit Hotel Properties Management
Management criteria checks 3/4
Summit Hotel Properties' CEO is Jon Stanner, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is $5.65M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 1.32% of the company’s shares, worth $9.98M. The average tenure of the management team and the board of directors is 7.2 years and 8.8 years respectively.
Key information
Jon Stanner
Chief executive officer
US$5.7m
Total compensation
| CEO salary percentage | 12.4% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.3% |
| Management average tenure | 7.2yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$8m |
| Jun 30 2024 | n/a | n/a | US$6m |
| Mar 31 2024 | n/a | n/a | -US$25m |
| Dec 31 2023 | US$6m | US$700k | -US$28m |
| Sep 30 2023 | n/a | n/a | -US$23m |
| Jun 30 2023 | n/a | n/a | -US$18m |
| Mar 31 2023 | n/a | n/a | -US$10m |
| Dec 31 2022 | US$5m | US$700k | -US$17m |
| Sep 30 2022 | n/a | n/a | -US$20m |
| Jun 30 2022 | n/a | n/a | -US$31m |
| Mar 31 2022 | n/a | n/a | -US$61m |
| Dec 31 2021 | US$5m | US$592k | -US$84m |
| Sep 30 2021 | n/a | n/a | -US$115m |
| Jun 30 2021 | n/a | n/a | -US$142m |
| Mar 31 2021 | n/a | n/a | -US$174m |
| Dec 31 2020 | US$2m | US$433k | -US$158m |
| Sep 30 2020 | n/a | n/a | -US$106m |
| Jun 30 2020 | n/a | n/a | -US$60m |
| Mar 31 2020 | n/a | n/a | US$39m |
| Dec 31 2019 | US$2m | US$450k | US$68m |
| Sep 30 2019 | n/a | n/a | US$64m |
| Jun 30 2019 | n/a | n/a | US$90m |
| Mar 31 2019 | n/a | n/a | US$79m |
| Dec 31 2018 | US$2m | US$425k | US$71m |
| Sep 30 2018 | n/a | n/a | US$71m |
| Jun 30 2018 | n/a | n/a | US$55m |
| Mar 31 2018 | n/a | n/a | US$51m |
| Dec 31 2017 | US$1m | US$284k | US$79m |
Compensation vs Market: Jon's total compensation ($USD5.65M) is above average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.
CEO
Jon Stanner (43 yo)
3.8yrs
Tenure
US$5,652,211
Compensation
Mr. Jonathan P. Stanner, also known as Jon, serves as a Director at RI Port Hillsboro JV BR 152, LLC and RI Port River JV BR 151, LLC. He serves as a Director at HG San Jose Jv BR 150, LLC. He has been Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$5.65m | 1.32% $ 10.0m | |
| Executive VP & CFO | 3.5yrs | US$2.37m | 0.47% $ 3.6m | |
| Senior VP & Chief Accounting Officer | 10.6yrs | US$1.16m | 0.26% $ 1.9m | |
| Chief Risk Officer | 14.4yrs | US$1.40m | 0.29% $ 2.2m | |
| Senior VP of Finance & Capital Markets | no data | no data | no data |
7.2yrs
Average Tenure
50.5yo
Average Age
Experienced Management: INN.PRF's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$5.65m | 1.32% $ 10.0m | |
| Independent Director | 10.3yrs | US$202.81k | 0.11% $ 821.6k | |
| Independent Non-Executive Chairman | 10.3yrs | US$305.31k | 0.11% $ 821.6k | |
| Independent Director | 13.8yrs | US$185.31k | 0.17% $ 1.3m | |
| Independent Director | 13.8yrs | US$187.81k | 0.12% $ 915.6k | |
| Independent Director | 7.3yrs | US$197.81k | 0.092% $ 695.1k | |
| Independent Director | 2.8yrs | US$167.81k | no data | |
| Independent Director | 3.5yrs | US$185.31k | 0.052% $ 392.7k |
8.8yrs
Average Tenure
61yo
Average Age
Experienced Board: INN.PRF's board of directors are considered experienced (8.8 years average tenure).