InvenTrust Properties Management

Management criteria checks 4/4

InvenTrust Properties' CEO is DJ Busch, appointed in Feb 2021, has a tenure of 3.42 years. total yearly compensation is $5.60M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $2.13M. The average tenure of the management team and the board of directors is 3 years and 7.7 years respectively.

Key information

DJ Busch

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage	15.2%
CEO tenure	3.4yrs
CEO ownership	0.1%
Management average tenure	3yrs
Board average tenure	7.7yrs

Recent management updates

Recent updates

InvenTrust Properties: A Shopping Center REIT With Strong Growth And Upside Potential

Jul 02

InvenTrust Properties: A Defensive 3.6% Dividend Yield From Grocery-Anchored Retail

Sep 06

InvenTrust Properties Q4 results mixed, co guides FY 2023 FFO below consensus

Feb 14

InvenTrust Properties declares $0.2052 dividend

Dec 12

InvenTrust Properties FFO of $0.39 beats by $0.05

Nov 01

InvenTrust Properties declares $0.2052 dividend

Sep 15

InvenTrust Properties Q2 FFO up Y/Y

Aug 01

InvenTrust Properties: A Defensive, Recession-Resistant Dividend Growth Stock

Jul 08

InvenTrust Properties: High-Quality Properties But Unattractive For Dividend Investors

Mar 25

InvenTrust: Interesting New Idea For REIT Investors

Jan 03

Why InvenTrust Properties' Stock Price Is Rising

Dec 21

CEO Compensation Analysis

How has DJ Busch's remuneration changed compared to InvenTrust Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$7m
Dec 31 2023	US$6m	US$850k	US$5m
Sep 30 2023	n/a	n/a	US$2m
Jun 30 2023	n/a	n/a	US$4m
Mar 31 2023	n/a	n/a	US$44m
Dec 31 2022	US$5m	US$800k	US$52m
Sep 30 2022	n/a	n/a	US$42m
Jun 30 2022	n/a	n/a	US$45m
Mar 31 2022	n/a	n/a	US$4m
Dec 31 2021	US$4m	US$624k	-US$5m
Sep 30 2021	n/a	n/a	US$7m
Jun 30 2021	n/a	n/a	US$4m
Mar 31 2021	n/a	n/a	-US$7m
Dec 31 2020	US$1m	US$431k	-US$10m
Sep 30 2020	n/a	n/a	US$17m
Jun 30 2020	n/a	n/a	US$40m
Mar 31 2020	n/a	n/a	US$56m
Dec 31 2019	US$1m	US$114k	US$64m

Compensation vs Market: DJ's total compensation ($USD5.60M) is about average for companies of similar size in the US market ($USD5.63M).

Compensation vs Earnings: DJ's compensation has been consistent with company performance over the past year.

CEO

DJ Busch (42 yo)

3.4yrs

Tenure

US$5,600,991

Compensation

Mr. Daniel Joseph Busch, also known as DJ, serves as the Chief Executive Officer at InvenTrust Properties Corp. since August 06, 2021 and its President of InvenTrust Properties Corp. since February 22, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Busch	CEO, President & Director	3.4yrs	US$5.60m	0.13% $ 2.1m
Michael Phillips	Executive VP	2.9yrs	US$2.52m	0.040% $ 665.8k
Christy David	COO, Executive VP	7.7yrs	US$2.78m	0.090% $ 1.5m
David Heimberger	Senior VP & Chief Investment Officer	2.7yrs	no data	no data
David Bryson	Senior VP	3.2yrs	no data	0.0059% $ 97.7k
James Puzon	Senior Vice President of Corporate Finance & Portfolio Management	3.1yrs	no data	no data
Dan Lombardo	Vice President of Investor Relations	no data	no data	no data
Lauren Suva	Senior VP & Chief Talent Officer	1.5yrs	no data	no data
Matt Hagan	Senior Vice President of Asset Strategy	1.8yrs	no data	no data

3.0yrs

Average Tenure

42yo

Average Age

Experienced Management: IVT's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Busch	CEO, President & Director	2.9yrs	US$5.60m	0.13% $ 2.1m
Michael Stein	Independent Director	7.7yrs	US$207.50k	0.034% $ 559.6k
Julian Whitehurst	Independent Chairperson of the Board	8.3yrs	US$205.00k	0.037% $ 619.8k
Paula Saban	Independent Director	19.8yrs	US$245.00k	0.038% $ 634.4k
Thomas Glavin	Independent Director	16.8yrs	US$220.00k	0.044% $ 731.0k
Stuart Aitken	Independent Director	6.6yrs	US$217.50k	0.029% $ 481.3k
Scott Nelson	Independent Director	7.7yrs	US$195.00k	0.034% $ 570.9k
Amanda Black	Independent Director	5.9yrs	US$207.50k	0.026% $ 433.1k
Smita Shah	Independent Director	1.8yrs	US$197.50k	0.011% $ 177.1k

7.7yrs

Average Tenure

63yo

Average Age

Experienced Board: IVT's board of directors are considered experienced (7.7 years average tenure).

InvenTrust Properties Management

Management criteria checks 4/4

Key information

Recent management updates

InvenTrust Properties Corp., Annual General Meeting, May 07, 2024

CEO, President & Director exercised options and sold US$357k worth of stock

InvenTrust Properties Corp. Announces Board Changes

InvenTrust Properties Corp. Appoints Smita N. Shah to its Board of Directors

Insufficient new directors

InvenTrust Properties Corp., Annual General Meeting, May 05, 2022

Recent updates

InvenTrust Properties: A Shopping Center REIT With Strong Growth And Upside Potential

InvenTrust Properties Corp. to Report Q2, 2024 Results on Jul 31, 2024

Why InvenTrust Properties Is My Top Pick Among Shopping Center REITs

First quarter dividend of US$0.23 announced

Consensus EPS estimates increase by 69%

First quarter 2024 earnings released: EPS: US$0.043 (vs US$0.017 in 1Q 2023)

InvenTrust Properties Corp. to Report Q1, 2024 Results on Apr 30, 2024

InvenTrust Properties: Great REIT To Own At The Right Price

InvenTrust Properties Corp., Annual General Meeting, May 07, 2024

Upcoming dividend of US$0.23 per share

Fourth quarter dividend of US$0.23 announced

Consensus EPS estimates increase from loss to US$0.043 profit

Full year 2023 earnings: EPS exceeds analyst expectations

InvenTrust Properties Corp. Provides Earnings Guidance for the Year 2024

Now 22% overvalued after recent price rise

Now 22% overvalued after recent price rise

InvenTrust Properties: A Fantastic REIT I Bet You Didn't Know About

CEO, President & Director exercised options and sold US$357k worth of stock

InvenTrust Properties: Low-Risk, Essential Retail Compounder

Upcoming dividend of US$0.22 per share at 3.3% yield

Consensus EPS estimates fall by 25%

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 58%

New major risk - Revenue and earnings growth

InvenTrust Properties Corp. Announces Board Changes

InvenTrust Properties Corp. Updates Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS misses analyst expectations

InvenTrust Properties Corp. to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.22 per share at 3.5% yield

FrostPoint Capital, LLC acquired Trowbridge Crossing in Sandy Springs, Georgia from InvenTrust Properties Corp. (NYSE:IVT).

InvenTrust Properties: A Defensive 3.6% Dividend Yield From Grocery-Anchored Retail

Now 20% undervalued

Consensus EPS estimates fall by 25%, revenue upgraded

New minor risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

InvenTrust Properties Corp. (NYSE:IVT) acquired The Shoppes at Davis Lake for $22.4 million.

InvenTrust Properties Corp. to Report Q2, 2023 Results on Jul 31, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

InvenTrust Properties Corp. Provides Earnings Guidance for the Full Year 2023

InvenTrust Properties Q4 results mixed, co guides FY 2023 FFO below consensus

InvenTrust Properties Corp. to Report Q4, 2022 Results on Feb 14, 2023

Upcoming dividend of US$0.21 per share

Westwood Financial Corp. acquired The Shops at Walnut Creek, a 225,224 square-foot community center in Denver, Colorado from InvenTrust Properties Corp. (NYSE:IVT).

InvenTrust Properties Corp. Declares a Quarterly Cash Distribution for the Quarter Ending December 31, 2022, Payable on or About January 13, 2023

InvenTrust Properties declares $0.2052 dividend

Now 21% undervalued after recent price drop

Price target decreased to US$28.50

Now 19% undervalued after recent price drop

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

InvenTrust Properties Corp. Updates Earnings Guidance for 2022

InvenTrust Properties FFO of $0.39 beats by $0.05

InvenTrust Properties Corp. Appoints Smita N. Shah to its Board of Directors

InvenTrust Properties Corp. to Report Q3, 2022 Results on Nov 01, 2022

Price target decreased to US$28.00

Upcoming dividend of US$0.21 per share

InvenTrust Properties Corp. Declares Quarterly Cash Distribution for the Quarter Ending September 30, 2022, Payable on or About October 14, 2022

InvenTrust Properties declares $0.2052 dividend

Second quarter 2022 earnings released: EPS: US$0.62 (vs US$0.021 in 2Q 2021)

InvenTrust Properties Q2 FFO up Y/Y

Slate Grocery REIT (TSX:SGR.UN) completed the acquisition of 14 properties comprising 2.5 million square feet across United States from SITE Centers Corp. (NYSE:SITC), Madison International Realty, LLC and InvenTrust Properties Corp. (NYSE:IVT).

InvenTrust Properties: A Defensive, Recession-Resistant Dividend Growth Stock

InvenTrust Properties Corp. to Report Q2, 2022 Results on Aug 01, 2022

Upcoming dividend of US$0.21 per share

Inventrust Properties Corp. Announces Quarterly Cash Dividend, Payable on July 15, 2022

Now 22% undervalued

InvenTrust Properties Corp. announced that it expects to receive $250 million in funding from a group of investors

InvenTrust Properties Corp. Revises Earnings Guidance for the Year 2022