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 27.92 years. total yearly compensation is $6.06M, comprised of 13.2% salary and 86.8% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth $28.72M. The average tenure of the management team and the board of directors is 8.6 years and 6.3 years respectively.

Key information

Will Eglin

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage13.2%
CEO tenure27.9yrs
CEO ownership1.1%
Management average tenure8.6yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

LXP Industrial: Dividends Raised, Transformation Complete

Mar 11

LXP Industrial: Over 10% Upside Potential On Successful Development Activity

Aug 07

LXP Industrial: One Industrial Worth Further Consideration

Feb 21

Lexington Realty Trust Q4 Earnings Preview

Feb 15

Lexington Realty Trust Q3 Earnings Preview

Nov 02

Lexington Realty Trust declares $0.12 dividend

Sep 16

LXP Industrial: Buy The Rodney Dangerfield Of Industrial REITs

Sep 07

Lexington Realty Trust Q2 2022 Earnings Preview

Aug 03

LXP Industrial Trust: Worth Another Look

Jun 23

LXP Industrial Is Not Cheap Enough Given Perennial Weakness

Apr 14

LXP Industrial: New Name, New Portfolio, Uncertain Future

Feb 02

CEO Compensation Analysis

How has Will Eglin's remuneration changed compared to LXP Industrial Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$24m

Sep 30 2023n/an/a

US$48m

Jun 30 2023n/an/a

US$58m

Mar 31 2023n/an/a

US$108m

Dec 31 2022US$6mUS$800k

US$107m

Sep 30 2022n/an/a

US$331m

Jun 30 2022n/an/a

US$314m

Mar 31 2022n/an/a

US$345m

Dec 31 2021US$8mUS$785k

US$376m

Sep 30 2021n/an/a

US$218m

Jun 30 2021n/an/a

US$253m

Mar 31 2021n/an/a

US$200m

Dec 31 2020US$6mUS$765k

US$177m

Sep 30 2020n/an/a

US$158m

Jun 30 2020n/an/a

US$259m

Mar 31 2020n/an/a

US$263m

Dec 31 2019US$6mUS$750k

US$273m

Sep 30 2019n/an/a

US$213m

Jun 30 2019n/an/a

US$288m

Mar 31 2019n/an/a

US$263m

Dec 31 2018US$5mUS$719k

US$221m

Sep 30 2018n/an/a

US$226m

Jun 30 2018n/an/a

US$14m

Mar 31 2018n/an/a

US$23m

Dec 31 2017US$3mUS$665k

US$79m

Compensation vs Market: Will's total compensation ($USD6.06M) is about average for companies of similar size in the US market ($USD6.32M).

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


CEO

Will Eglin (58 yo)

27.9yrs

Tenure

US$6,062,516

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 2003 and President since April 1996. Mr. Eglin...


Leadership Team

NamePositionTenureCompensationOwnership
T. Eglin
Chairman27.9yrsUS$6.06m1.1%
$ 28.7m
Beth Boulerice
Executive VP5yrsUS$1.73m0.19%
$ 5.0m
Joseph Bonventre
COO, Executive VP20.2yrsUS$2.67m0.28%
$ 7.3m
Brendan Mullinix
Chief Investment Officer & Executive VP3.8yrsUS$1.98m0.23%
$ 6.0m
James Dudley
Executive VP & Director of Asset Management8.6yrsUS$1.41m0.12%
$ 3.1m
Mark Cherone
Senior VP & Chief Accounting Officer5yrsno data0.023%
$ 603.6k
Heather Gentry
Senior Vice President of Investor Relationsno datano datano data
Sara Klein
Director of Human Resourcesno datano datano data
Patrick Carroll
Executive VP & Chief Risk Officer21.2yrsUS$1.43m0.29%
$ 7.6m
Natasha Roberts
Executive VP & Director of Institutional Fund Managementno datano datano data
Lara Johnson
Executive VP of Investment & Chief Credit Officerno dataUS$1.39mno data
Nabil Andrawis
Executive VP & Director of Taxationno datano data0.074%
$ 1.9m

8.6yrs

Average Tenure

51yo

Average Age

Experienced Management: LXP's management team is seasoned and experienced (8.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
T. Eglin
Chairman29.8yrsUS$6.06m1.1%
$ 28.7m
Arun Gupta
Independent Trustee1.9yrsUS$187.01k0.016%
$ 419.4k
Richard Frary
Emeritus Trustee1.2yrsUS$210.00k0.065%
$ 1.7m
Howard Roth
Independent Trustee6.3yrsUS$200.00k0.027%
$ 716.1k
Jamie Handwerker
Lead Independent Trustee7yrsUS$180.00k0.032%
$ 841.6k
Claire Koeneman
Independent Trustee8.5yrsUS$195.00k0.035%
$ 903.4k
Lawrence Gray
Independent Trustee8.3yrsUS$195.00k0.033%
$ 860.5k
Elizabeth Noe
Independent Trustee2.8yrsUS$180.00k0.011%
$ 296.4k
Derrick Johnson
Independent Trustee1.7yrsUS$129.37k0.0076%
$ 198.6k

6.3yrs

Average Tenure

58yo

Average Age

Experienced Board: LXP's board of directors are considered experienced (6.3 years average tenure).


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