Kite Realty Group Trust

NYSE:KRG Stock Report

Market Cap: US$5.0b

Kite Realty Group Trust Management

Management criteria checks 4/4

Kite Realty Group Trust's CEO is John Kite, appointed in Aug 2004, has a tenure of 20.5 years. total yearly compensation is $6.89M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.048% of the company’s shares, worth $2.42M. The average tenure of the management team and the board of directors is 6.6 years and 10.6 years respectively.

Key information

John Kite

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage13.8%
CEO tenure20.5yrs
CEO ownership0.05%
Management average tenure6.6yrs
Board average tenure10.6yrs

Recent management updates

Recent updates

Kite Realty: Top-Tier REIT With A Superior Balance Sheet And Sunbelt Focus

Feb 10

Kite Realty Group: Balanced Growth And Risk Prospects (Rating Downgrade)

Nov 20

Kite Realty Group: Evaluating Risks Amid Potential

Oct 23

Kite Realty Group: Evaluating Market Perception Vs. Intrinsic Value

Aug 09

Kite Realty: Near 52-Week Low With 5% Yield Makes It A Buy

Apr 16

Kite Realty: The Yield Is Low, But There Is Potential Here

Feb 03

Kite Realty's Mark-To-Market Growth Is Not Priced In

Nov 28

Kite Realty: Why This REIT Is A Top Pick For Income Investors

Nov 20

Kite Realty: Get It While It's Hot

Sep 07

Kite Realty: Undervalued And Underappreciated

Jun 23

Kite Realty Q4 2022 Earnings Preview

Feb 12

Kite Realty: Quality Shopping Centers At A Discount

Jan 29

Kite Realty: An Overlooked REIT Set To Deliver

Dec 27

Kite Realty upgraded to Buy at BofA on leasing strength, Sunbelt exposure

Nov 09

Kite Realty: Market Is Overlooking Its Potential

Oct 14

Kite Realty declares $0.22 dividend

Aug 10

CEO Compensation Analysis

How has John Kite's remuneration changed compared to Kite Realty Group Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

US$4m

Sep 30 2024n/an/a

-US$10m

Jun 30 2024n/an/a

-US$24m

Mar 31 2024n/an/a

US$56m

Dec 31 2023US$7mUS$950k

US$47m

Sep 30 2023n/an/a

US$38m

Jun 30 2023n/an/a

US$28m

Mar 31 2023n/an/a

US$10m

Dec 31 2022US$10mUS$950k

-US$13m

Sep 30 2022n/an/a

-US$110m

Jun 30 2022n/an/a

-US$109m

Mar 31 2022n/an/a

-US$122m

Dec 31 2021US$6mUS$850k

-US$81m

Sep 30 2021n/an/a

US$11m

Jun 30 2021n/an/a

US$13m

Mar 31 2021n/an/a

US$8m

Dec 31 2020US$7mUS$825k

-US$16m

Sep 30 2020n/an/a

US$6m

Jun 30 2020n/an/a

-US$9m

Mar 31 2020n/an/a

-US$6m

Dec 31 2019US$6mUS$825k

-US$534k

Sep 30 2019n/an/a

-US$47m

Jun 30 2019n/an/a

-US$23m

Mar 31 2019n/an/a

-US$23m

Dec 31 2018US$4mUS$775k

-US$47m

Compensation vs Market: John's total compensation ($USD6.89M) is about average for companies of similar size in the US market ($USD7.74M).

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

CEO

John Kite (58 yo)

20.5yrs

Tenure

US$6,887,961

Compensation

Mr. John A. Kite has been the Chief Executive Officer at Kite Realty Group Trust since August 2004. Mr. Kite is responsible for the Kite Realty Group’s strategic planning, operations, acquisitions and capi...

Leadership Team

NamePositionTenureCompensationOwnership
John Kite
Chairman of the Board of Trustees & CEO20.5yrsUS$6.89m0.048%
$ 2.4m
Thomas McGowan
President & COO20.5yrsUS$2.67m0.048%
$ 2.4m
Heath Fear
Executive VP & CFO6.3yrsUS$2.62m0.032%
$ 1.6m
David Buell
Senior VP & Chief Accounting Officer7.1yrsUS$406.46kno data
Tyler Henshaw
Senior Vice President of Capital Markets2.8yrsno datano data
Dean Papadakis
Senior VP3.1yrsno datano data
Bryan McCarthy
Senior Vice President of Corporate Marketing & Communications7yrsno datano data
Mellissa Boggs
Executive Vice President of Employee Experience5yrsno datano data
Mark Jenkins
Senior Vice President of Developmentno datano datano data
Mitch Rippe
Senior Vice President of Acquisition & Dispositionno datano datano data
Gregg Poetz
Senior Vice President of Leasingno datano datano data
Randy Burke
Senior Vice President of Constructionno datano datano data

6.6yrs

Average Tenure

56.5yo

Average Age

Experienced Management: KRG's management team is seasoned and experienced (6.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Kite
Chairman of the Board of Trustees & CEO20.9yrsUS$6.89m0.048%
$ 2.4m
Peter Lynch
Independent Trustee3.3yrsUS$225.01k0.032%
$ 1.6m
Bonnie Biumi
Independent Trustee3.3yrsUS$227.51k0.031%
$ 1.6m
Victor Coleman
Independent Trustee12.3yrsUS$225.01k0.041%
$ 2.0m
Caroline Young
Independent Trustee4.8yrsUS$235.01k0.017%
$ 846.8k
Alvin Kite
Chairman Emeritusno datano datano data
Steven Grimes
Independent Trustee3.3yrsUS$227.51k0.32%
$ 16.1m
Charles Wurtzebach
Independent Trustee10.6yrsUS$240.01k0.027%
$ 1.4m
Barton Peterson
Independent Trustee11.3yrsUS$225.01k0.036%
$ 1.8m
Christie Kelly
Independent Trustee11.8yrsUS$227.51k0.030%
$ 1.5m
David O'Reilly
Independent Trustee11.5yrsUS$237.51k0.029%
$ 1.4m
Derrick Burks
Independent Lead Director3.9yrsUS$237.51k0.012%
$ 582.9k

10.6yrs

Average Tenure

62yo

Average Age

Experienced Board: KRG's board of directors are seasoned and experienced ( 10.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 02:50
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kite Realty Group Trust is covered by 29 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Anthony PowellBarclays
Anthony PowellBarclays