LXP Industrial Trust Management

Management criteria checks 4/4

LXP Industrial Trust's CEO is Will Eglin, appointed in Apr 1996, has a tenure of 28.58 years. total yearly compensation is $5.38M, comprised of 15.3% salary and 84.7% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth $29.68M. The average tenure of the management team and the board of directors is 7.5 years and 7 years respectively.

Key information

Will Eglin

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage	15.3%
CEO tenure	28.6yrs
CEO ownership	1.1%
Management average tenure	7.5yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Will Eglin's remuneration changed compared to LXP Industrial Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$20m
Jun 30 2024	n/a	n/a	US$26m
Mar 31 2024	n/a	n/a	US$12m
Dec 31 2023	US$5m	US$825k	US$24m
Sep 30 2023	n/a	n/a	US$48m
Jun 30 2023	n/a	n/a	US$58m
Mar 31 2023	n/a	n/a	US$108m
Dec 31 2022	US$5m	US$800k	US$107m
Sep 30 2022	n/a	n/a	US$331m
Jun 30 2022	n/a	n/a	US$314m
Mar 31 2022	n/a	n/a	US$345m
Dec 31 2021	US$6m	US$785k	US$376m
Sep 30 2021	n/a	n/a	US$218m
Jun 30 2021	n/a	n/a	US$253m
Mar 31 2021	n/a	n/a	US$200m
Dec 31 2020	US$6m	US$765k	US$177m
Sep 30 2020	n/a	n/a	US$158m
Jun 30 2020	n/a	n/a	US$259m
Mar 31 2020	n/a	n/a	US$263m
Dec 31 2019	US$6m	US$750k	US$273m
Sep 30 2019	n/a	n/a	US$213m
Jun 30 2019	n/a	n/a	US$288m
Mar 31 2019	n/a	n/a	US$263m
Dec 31 2018	US$5m	US$719k	US$221m
Sep 30 2018	n/a	n/a	US$226m
Jun 30 2018	n/a	n/a	US$14m
Mar 31 2018	n/a	n/a	US$23m
Dec 31 2017	US$3m	US$665k	US$79m

Compensation vs Market: Will's total compensation ($USD5.38M) is about average for companies of similar size in the US market ($USD6.60M).

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

CEO

Will Eglin (59 yo)

28.6yrs

Tenure

US$5,380,014

Compensation

Mr. T. Wilson Eglin, also known as Will, has been the Chief Executive Officer at LXP Industrial Trust (formerly known as Lexington Realty Trust) since January 01, 2003 and has been its President since Apri...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
T. Eglin	Chairman	28.6yrs	US$5.38m	1.1% $ 29.7m
Beth Boulerice	Executive VP	5.7yrs	US$2.02m	0.19% $ 5.2m
Joseph Bonventre	COO, Executive VP	20.8yrs	US$2.56m	0.28% $ 7.6m
Brendan Mullinix	Chief Investment Officer & Executive VP	4.5yrs	US$2.16m	0.23% $ 6.1m
James Dudley	Executive VP & Director of Asset Management	9.3yrs	US$1.55m	0.12% $ 3.2m
Mark Cherone	Senior VP & Chief Accounting Officer	5.7yrs	no data	0.023% $ 623.2k
Heather Gentry	Senior Vice President of Investor Relations	no data	no data	no data
Sara Klein	Director of Human Resources	no data	no data	no data
Natasha Roberts	Executive VP & Director of Institutional Fund Management	no data	no data	no data
Lara Johnson	Executive VP of Investment & Chief Credit Officer	no data	US$1.39m	no data
Nabil Andrawis	Executive VP & Director of Taxation	no data	no data	0.073% $ 2.0m
Nick Pyle	Executive VP and Director of Development & Construction	no data	no data	no data

7.5yrs

Average Tenure

51yo

Average Age

Experienced Management: LXP.PRC's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
T. Eglin	Chairman	30.5yrs	US$5.38m	1.1% $ 29.7m
Arun Gupta	Independent Trustee	2.6yrs	US$186.76k	0.024% $ 660.2k
Richard Frary	Emeritus Trustee	1.8yrs	US$137.36k	0.065% $ 1.8m
Howard Roth	Independent Trustee	7yrs	US$200.00k	0.031% $ 828.9k
Jamie Handwerker	Lead Independent Trustee	7.7yrs	US$198.12k	0.036% $ 967.9k
Claire Koeneman	Independent Trustee	9.2yrs	US$188.24k	0.038% $ 1.0m
Lawrence Gray	Independent Trustee	8.9yrs	US$188.24k	0.036% $ 977.9k
Elizabeth Noe	Independent Trustee	3.5yrs	US$186.76k	0.016% $ 425.8k
Derrick Johnson	Independent Trustee	2.3yrs	US$180.00k	0.011% $ 294.4k

7.0yrs

Average Tenure

59yo

Average Age

Experienced Board: LXP.PRC's board of directors are considered experienced (7 years average tenure).

LXP Industrial Trust Management

Management criteria checks 4/4

Key information

Recent management updates

LXP Industrial Trust, Annual General Meeting, May 21, 2024

LXP Industrial Trust Appoints Derrick Johnson to Board of Trustees

LXP Industrial Trust Announces Board Changes

Recent updates

LXP Industrial Trust Provides Consolidated Earnings Guidance for the Year Ending December 31, 2024

LXP Industrial Trust to Report Q3, 2024 Results on Nov 06, 2024

LXP Industrial Trust Announces Quarterly Common Share Dividend for the Quarter Ending September 30, 2024, Payable on or About October 15, 2024

LXP Industrial Trust Provides Earnings Guidance for the Year Ending December 31, 2024

LXP Industrial Trust to Report Q2, 2024 Results on Jul 31, 2024

LXP Industrial Trust Announces Quarterly Common Share Dividend for the Quarter Ending June 30, 2024, Payable on or About July 15, 2024

LXP Industrial Trust to Report Q1, 2024 Results on May 02, 2024

LXP Industrial Trust, Annual General Meeting, May 21, 2024

LXP Industrial Trust Declares Dividend for the Quarter Ending March 31, 2024, Payable on or About April 15, 2024

LXP Industrial Trust Provides Earnings Guidance for the Year Ending December 31, 2024

LXP Industrial Trust to Report Q4, 2023 Results on Feb 15, 2024

An unknown buyer acquired Office Building in Philadelphia, PA from LXP Industrial Trust (NYSE:LXP) for $26.3 million.

LXP Industrial Trust to Report Q3, 2023 Results on Oct 31, 2023

LXP Industrial Trust Provides Earnings Guidance for the Year Ended December 31, 2023

LXP Industrial Trust to Report Q2, 2023 Results on Aug 02, 2023

LXP Industrial Trust Provides Earnings Guidance for the Year Ended December 31, 2023

LXP Industrial Trust Provides Earnings Guidance for the Year Ending December 31, 2023

LXP Industrial Trust to Report Q4, 2022 Results on Feb 16, 2023

LXP Industrial Trust Declares Regular Quarterly Common Dividend, Payable on January 17, 2023

LXP Industrial Trust Provides Earnings Guidance for the Year Ending December 31, 2022

LXP Industrial Trust to Report Q3, 2022 Results on Nov 03, 2022

LXP Industrial Trust Announces Common Share Dividend for the Quarter Ending September 30, 2022, Payable on or About October 17, 2022

LXP Industrial Trust Provides Earnings Guidance for Year Ended December 31, 2022

LXP Industrial Trust Appoints Derrick Johnson to Board of Trustees

LXP Industrial Trust to Report Q2, 2022 Results on Aug 04, 2022

LXP Industrial Trust Announces Common Share Dividend for the Quarter Ending June 30, 2022, Payable on or About July 15, 2022

LXP Industrial Trust Provides Financial Guidance for the Year Ended December 31, 2022

LXP Industrial Trust to Report Q1, 2022 Results on May 05, 2022

LXP Industrial Trust Announces Board Changes

LXP Industrial Trust (NYSE:LXP) acquired Two Northern Kentucky buildings in Logistics Park 75 from SFG Walton KY LLC for $72.3 million.

LXP Industrial Trust Announces Impairment Results for the Fourth Quarter Ended December 31, 2021

Land and Buildings Investment Management, LLC made an offer to acquire LXP Industrial Trust (NYSE:LXP) for $4.5 billion.

LXP Industrial Trust to Report Q4, 2021 Results on Feb 24, 2022

An affiliate of Davidson Kempner Capital Management LP acquired 80% stake in 22-property special purpose industrial portfolio from LXP Industrial Trust (NYSE:LXP).

Land & Buildings Provides Board Nominations Information to the Shareholders

Land & Buildings Posts Materials to its Website for Shareholders of Lexington Realty Trust

Lexington Realty Trust Provides Earnings Guidance for the Year Ended December 31, 2021

Boyd Watterson Asset Management, LLC acquired 60,000-square-foot McLearen Center office building at McLearen Road from Lexington Realty Trust (NYSE:LXP) for $48 million.

Lexington Realty Trust (NYSE:LXP) acquired Class A Industrial Portfolio near the Port of Houston, Texas from Triten Real Estate Partners LLC.

An unknown buyer acquired One industrial property in Laurens, South Carolina from Lexington Realty Trust (NYSE:LXP) for $40.1 million.

Lexington Realty Trust Announces Quarterly Common Share Dividend, Payable on or About April 15, 2021

Lexington Realty Trust (NYSE:LXP) acquired Four Warehouse/Distribution Properties for approximately $180 million.

Lexington Realty Trust to Report Q4, 2020 Results on Feb 18, 2021

Lexington Realty Trust(NYSE:LXP) dropped from Russell 2000 Dynamic Index

An unknown buyer acquired an unknown interest in Lake Jackson from Lexington Realty Trust (NYSE:LXP) for approximately $190 million.

Lexington Realty Trust to Report Q3, 2020 Results on Nov 05, 2020

Somera Road Inc. acquired 5200 Metcalf Avenue from Lexington Realty Trust (NYSE:LXP).

Concord Capital, LLC acquired 59,74 square foot single tenant call center in 2401 Cherahala Boulevard in Knoxville, Tennesse from Lexington Realty Trust (NYSE:LXP) for $9.9 million.

Lexington Realty Trust (NYSE:LXP) acquired 248,000 square foot property in Houston City in United States.

Lexington Realty Trust (NYSE:LXP) acquired Six Industrial Properties for approximately $160 million.

Lexington Realty Trust (NYSE:LXP) acquired Four Industrial Properties for approximately $200 million.

Lexington Realty Trust to Report Q2, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age