Modiv Industrial Management
Management criteria checks 3/4
Modiv Industrial's CEO is Aaron Halfacre, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $370.70K, comprised of 67.4% salary and 32.6% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $1.80M. The average tenure of the management team and the board of directors is 5.3 years and 5.3 years respectively.
Key information
Aaron Halfacre
Chief executive officer
US$370.7k
Total compensation
| CEO salary percentage | 67.4% |
| CEO tenure | 5.3yrs |
| CEO ownership | 1.1% |
| Management average tenure | 5.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Modiv Industrial: A 7.2% Dividend Yield From Made In The USA
Mar 17Modiv Industrial: Industry Tailwinds Support Dividend Yield And Potential Upside
Dec 07Modiv: Might Be Moving In The Right Direction
Aug 18Modiv reports Q4 results
Feb 23Modiv Inc: High Cost Of Financing Leaves Little Scope For Expansion
Nov 15Modiv declares $0.0958 dividend
Nov 09Modiv declares goes ex dividend tomorrow
Oct 27Modiv GAAP AFFO of $0.35, revenue of $10.4M
Aug 11Modiv goes ex dividend tomorrow
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$371k | US$250k | -US$10m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | n/a | n/a | US$1m |
| Mar 31 2023 | n/a | n/a | -US$594k |
| Dec 31 2022 | US$266k | US$250k | -US$7m |
| Sep 30 2022 | n/a | n/a | -US$10m |
| Jun 30 2022 | n/a | n/a | -US$9m |
| Mar 31 2022 | n/a | n/a | -US$12m |
| Dec 31 2021 | US$3m | US$250k | -US$2m |
| Sep 30 2021 | n/a | n/a | US$5m |
| Jun 30 2021 | n/a | n/a | -US$14k |
| Mar 31 2021 | n/a | n/a | -US$1m |
| Dec 31 2020 | US$1m | US$112k | -US$49m |
Compensation vs Market: Aaron's total compensation ($USD370.70K) is below average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Aaron's compensation has increased whilst the company is unprofitable.
CEO
Aaron Halfacre (50 yo)
5.3yrs
Tenure
US$370,700
Compensation
Mr. Aaron Scott Halfacre has been the Chief Executive Officer and Director at Modiv Acquisition Corp. since January 15, 2021. Mr. Halfacre has been President, Chief Executive Officer and Director at Modiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$370.70k | 1.15% $ 1.8m | |
| Executive VP | 6yrs | US$545.70k | 1.26% $ 2.0m | |
| Chief Operating Officer & General Counsel | 3.6yrs | no data | 0.024% $ 37.3k | |
| Chief Investment Officer | 3.6yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | 5.8yrs | no data | 0.35% $ 544.0k | |
| Head of Asset Management | no data | no data | no data |
5.3yrs
Average Tenure
56.5yo
Average Age
Experienced Management: MDV's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$370.70k | 1.15% $ 1.8m | |
| Non-Voting Board Observer | no data | no data | no data | |
| Independent Director | 5.3yrs | US$100.00k | 0.23% $ 364.1k | |
| Lead Independent Director | 5.3yrs | US$100.00k | 0.22% $ 339.0k | |
| Independent Chairman of the Board | 5.3yrs | US$130.00k | 0.23% $ 365.5k | |
| Independent Director | 2.3yrs | US$90.00k | 0.093% $ 147.2k | |
| Independent Director | 2.3yrs | US$90.00k | 0.088% $ 138.9k |
5.3yrs
Average Tenure
65yo
Average Age
Experienced Board: MDV's board of directors are considered experienced (5.3 years average tenure).