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 19.67 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 $2.31M. The average tenure of the management team and the board of directors is 5.4 years and 10.4 years respectively.
Key information
John Kite
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | 19.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 5.4yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
Kite Realty: Near 52-Week Low With 5% Yield Makes It A Buy
Apr 16Kite Realty: The Yield Is Low, But There Is Potential Here
Feb 03Kite Realty's Mark-To-Market Growth Is Not Priced In
Nov 28Kite Realty: Why This REIT Is A Top Pick For Income Investors
Nov 20Kite Realty: Get It While It's Hot
Sep 07Kite Realty: Undervalued And Underappreciated
Jun 23Kite Realty Q4 2022 Earnings Preview
Feb 12Kite Realty: Quality Shopping Centers At A Discount
Jan 29Kite Realty: An Overlooked REIT Set To Deliver
Dec 27Kite Realty upgraded to Buy at BofA on leasing strength, Sunbelt exposure
Nov 09Kite Realty: Market Is Overlooking Its Potential
Oct 14Kite Realty declares $0.22 dividend
Aug 10Kite Realty FFO of $0.49 beats by $0.06, revenue of $202.61M beats by $14.07M
Aug 02Kite Realty Group Trust: A Sunbelt REIT With Attractive Upside
Jul 19Kite Realty: Fly High With This Discounted REIT
Jun 24Kite Realty Group: Post-Merger Value Assimilation In The Grocery Space
Mar 23Kite And Retail Properties Of America - A Great Match
Sep 02Kite Realty Group Trust: You Can Find Better
May 09Increases to CEO Compensation Might Be Put On Hold For Now at Kite Realty Group Trust (NYSE:KRG)
May 06
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$950k | US$47m |
| Sep 30 2023 | n/a | n/a | US$38m |
| Jun 30 2023 | n/a | n/a | US$28m |
| Mar 31 2023 | n/a | n/a | US$10m |
| Dec 31 2022 | US$10m | US$950k | -US$13m |
| Sep 30 2022 | n/a | n/a | -US$110m |
| Jun 30 2022 | n/a | n/a | -US$109m |
| Mar 31 2022 | n/a | n/a | -US$122m |
| Dec 31 2021 | US$6m | US$850k | -US$81m |
| Sep 30 2021 | n/a | n/a | US$11m |
| Jun 30 2021 | n/a | n/a | US$13m |
| Mar 31 2021 | n/a | n/a | US$8m |
| Dec 31 2020 | US$7m | US$825k | -US$16m |
| Sep 30 2020 | n/a | n/a | US$6m |
| Jun 30 2020 | n/a | n/a | -US$9m |
| Mar 31 2020 | n/a | n/a | -US$6m |
| Dec 31 2019 | US$6m | US$825k | -US$534k |
| Sep 30 2019 | n/a | n/a | -US$47m |
| Jun 30 2019 | n/a | n/a | -US$23m |
| Mar 31 2019 | n/a | n/a | -US$23m |
| Dec 31 2018 | US$4m | US$775k | -US$47m |
| Sep 30 2018 | n/a | n/a | -US$13m |
| Jun 30 2018 | n/a | n/a | -US$18m |
| Mar 31 2018 | n/a | n/a | -US$6m |
| Dec 31 2017 | US$3m | US$725k | US$12m |
Compensation vs Market: John's total compensation ($USD6.89M) is about average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Kite (57 yo)
19.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Trustees & CEO | 19.7yrs | US$6.89m | 0.048% $ 2.3m | |
| President & COO | 19.7yrs | US$2.67m | 0.048% $ 2.3m | |
| Executive VP & CFO | 5.4yrs | US$2.62m | 0.032% $ 1.5m | |
| Senior VP & Chief Accounting Officer | 6.3yrs | US$406.46k | 0.022% $ 1.1m | |
| Senior Vice President of Capital Markets | 1.9yrs | no data | no data | |
| Senior VP & CTO | 2.3yrs | no data | no data | |
| Senior VP | 2.3yrs | no data | no data | |
| Senior Vice President of Corporate Marketing & Communications | 6.2yrs | no data | no data | |
| Executive Vice President of Employee Experience | 4.2yrs | no data | no data | |
| Senior Vice President of Development | no data | no data | no data | |
| Senior Vice President of Acquisition & Disposition | no data | no data | no data | |
| Senior Vice President of Leasing | no data | no data | no data |
5.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: KRG's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Trustees & CEO | 20.1yrs | US$6.89m | 0.048% $ 2.3m | |
| Independent Trustee | 2.5yrs | US$218.14k | 0.028% $ 1.3m | |
| Independent Trustee | 11.4yrs | US$225.01k | 0.037% $ 1.8m | |
| Lead Independent Trustee | 19.7yrs | US$270.01k | 0.094% $ 4.5m | |
| Independent Trustee | 3.9yrs | US$235.01k | 0.014% $ 670.6k | |
| Chairman Emeritus | no data | no data | no data | |
| Independent Trustee | 2.5yrs | US$216.26k | 0.025% $ 1.2m | |
| Independent Trustee | 9.8yrs | US$240.01k | 0.025% $ 1.2m | |
| Independent Trustee | 10.4yrs | US$220.01k | 0.034% $ 1.6m | |
| Independent Trustee | 10.9yrs | US$227.51k | 0.027% $ 1.3m | |
| Independent Trustee | 10.7yrs | US$237.51k | 0.026% $ 1.2m | |
| Independent Trustee | 3.1yrs | US$237.51k | 0.0088% $ 419.9k |
10.4yrs
Average Tenure
62.5yo
Average Age
Experienced Board: KRG's board of directors are seasoned and experienced ( 10.4 years average tenure).