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 28.75 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 $26.26M. The average tenure of the management team and the board of directors is 7.6 years and 7.2 years respectively.
Key information
Will Eglin
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 15.3% |
| CEO tenure | 28.8yrs |
| CEO ownership | 1.1% |
| Management average tenure | 7.6yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
LXP Industrial: Great Assets, Great Dividend, But No Growth
Jan 02LXP Industrial: Attractive Dividend Yield, Upside Potential In A Lower Rate Environment
Oct 01LXP Industrial: Dividend Bargain Flying Under The Radar
Jul 09LXP Industrial Trust: A Speculative Case For M&A
Apr 08LXP Industrial: Dividends Raised, Transformation Complete
Mar 11LXP Industrial: Over 10% Upside Potential On Successful Development Activity
Aug 07LXP Industrial: One Industrial Worth Further Consideration
Feb 21Lexington Realty Trust Q4 Earnings Preview
Feb 15Lexington Realty Trust Q3 Earnings Preview
Nov 02Lexington Realty Trust declares $0.12 dividend
Sep 16LXP Industrial: Buy The Rodney Dangerfield Of Industrial REITs
Sep 07Lexington Realty Trust Q2 2022 Earnings Preview
Aug 03LXP Industrial Trust: Worth Another Look
Jun 23LXP Industrial Is Not Cheap Enough Given Perennial Weakness
Apr 14CEO Compensation Analysis
| 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$221m |
Compensation vs Market: Will's total compensation ($USD5.38M) is about average for companies of similar size in the US market ($USD5.43M).
Compensation vs Earnings: Will's compensation has been consistent with company performance over the past year.
CEO
Will Eglin (59 yo)
28.8yrs
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 |
|---|---|---|---|---|
| Chairman | 28.8yrs | US$5.38m | 1.1% $ 26.3m | |
| Executive VP | 5.8yrs | US$2.02m | 0.19% $ 4.6m | |
| COO, Executive VP | 21yrs | US$2.56m | 0.28% $ 6.7m | |
| Chief Investment Officer & Executive VP | 4.7yrs | US$2.16m | 0.23% $ 5.4m | |
| Executive VP & Director of Asset Management | 9.4yrs | US$1.55m | 0.12% $ 2.8m | |
| Senior VP & Chief Accounting Officer | 5.8yrs | no data | 0.023% $ 551.2k | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Director of Human Resources | no data | no data | no data | |
| Executive VP & Director of Institutional Fund Management | no data | no data | no data | |
| Executive VP of Investment & Chief Credit Officer | no data | US$1.39m | no data | |
| Executive VP & Director of Taxation | no data | no data | 0.073% $ 1.8m | |
| Executive VP and Director of Development & Construction | no data | no data | no data |
7.6yrs
Average Tenure
51yo
Average Age
Experienced Management: LXP's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30.7yrs | US$5.38m | 1.1% $ 26.3m | |
| Independent Trustee | 2.8yrs | US$186.76k | 0.024% $ 584.0k | |
| Emeritus Trustee | 2yrs | US$137.36k | 0.065% $ 1.6m | |
| Independent Trustee | 7.2yrs | US$200.00k | 0.031% $ 733.2k | |
| Lead Independent Trustee | 7.8yrs | US$198.12k | 0.036% $ 856.1k | |
| Independent Trustee | 9.3yrs | US$188.24k | 0.038% $ 904.2k | |
| Independent Trustee | 9.1yrs | US$188.24k | 0.036% $ 865.0k | |
| Independent Trustee | 3.7yrs | US$186.76k | 0.016% $ 376.6k | |
| Independent Trustee | 2.5yrs | US$180.00k | 0.011% $ 260.4k |
7.2yrs
Average Tenure
59yo
Average Age
Experienced Board: LXP's board of directors are considered experienced (7.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 22:28 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
LXP Industrial Trust is covered by 17 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ross Smotrich | Barclays |
| Nathan Crossett | BNP Paribas Exane |
| Jing Xian Tan Bonnel | BofA Global Research |