Summit Hotel Properties Management
Management criteria checks 2/4
Summit Hotel Properties' CEO is Jon Stanner, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is $5.65M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 1.33% of the company’s shares, worth $10.25M. The average tenure of the management team and the board of directors is 6.6 years and 8.3 years respectively.
Key information
Jon Stanner
Chief executive officer
US$5.7m
Total compensation
CEO salary percentage | 12.4% |
CEO tenure | 3.3yrs |
CEO ownership | 1.3% |
Management average tenure | 6.6yrs |
Board average tenure | 8.3yrs |
Recent management updates
Recent updates
Summit Hotel Properties Offers 7.4% On Its Preferred Shares
Mar 05Summit Hotel: Collect 8.4% Yield On The Preferred Stock
Dec 10Summit Hotel Properties: A Lot Of Debt
Nov 27Summit Hotel Properties: Well-Covered Dividends; Attractive Valuation
Aug 09Summit Hotel Properties: Post-Pandemic Recovery Continues
May 26Summit Hotel declares $0.3906 dividend
Jan 26Summit Hotel declares $0.3906 dividend
Oct 28Summit Hotel goes ex-dividend tomorrow
Aug 15Summit Hotel FFO of $0.27 misses by $0.02, revenue of $183.2M beats by $13.47M
Aug 02I'm Adding To My 6.5% Yielding Preferred Securities Of Summit Hotel Properties
Feb 23Summit Hotel joint venture to acquire Steamboat Springs hotel for $33M
Jun 07Summit Hotel FFO beats by $0.01, misses on revenue
May 04Summit Hotel Properties (NYSE:INN) Share Prices Have Dropped 30% In The Last Three Years
Feb 19Summit Hotel Properties climbs amid short squeeze enthusiasm
Feb 01Summit Hotel Properties prices 1.50% convertible senior notes due 2026
Jan 08Summit Hotel launches public offering of convertible senior notes due 2026
Jan 06Summit Hotel: Check-INN To This Select Service Hotel REIT
Dec 26Summit Hotel Properties initiates leadership transition
Dec 17CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 ($USD3.47M).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
CEO
Jon Stanner (42 yo)
3.3yrs
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 | 3.3yrs | US$5.65m | 1.33% $ 10.3m | |
Executive VP & CFO | 2.9yrs | US$2.37m | 0.49% $ 3.8m | |
Senior VP & Chief Accounting Officer | 10yrs | US$1.16m | 0.26% $ 2.0m | |
Chief Risk Officer | 13.8yrs | US$1.40m | 0.29% $ 2.2m | |
Senior VP of Finance & Capital Markets | no data | no data | no data |
6.6yrs
Average Tenure
49.5yo
Average Age
Experienced Management: INN's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.3yrs | US$5.65m | 1.33% $ 10.3m | |
Independent Director | 9.8yrs | US$202.81k | 0.092% $ 713.1k | |
Independent Non-Executive Chairman | 9.8yrs | US$305.31k | 0.092% $ 713.1k | |
Independent Director | 13.2yrs | US$185.31k | 0.16% $ 1.2m | |
Independent Director | 13.2yrs | US$187.81k | 0.10% $ 809.6k | |
Independent Director | 6.8yrs | US$197.81k | 0.075% $ 583.1k | |
Independent Director | 2.3yrs | US$167.81k | no data | |
Independent Director | 2.9yrs | US$185.31k | 0.035% $ 272.5k |
8.3yrs
Average Tenure
60yo
Average Age
Experienced Board: INN's board of directors are considered experienced (8.3 years average tenure).