Realty Income Management

Management criteria checks 4/4

Realty Income's CEO is Sumit Roy, appointed in Nov 2015, has a tenure of 8.5 years. total yearly compensation is $13.13M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth $15.15M. The average tenure of the management team and the board of directors is 6 years and 5.8 years respectively.

Key information

Sumit Roy

Chief executive officer

US$13.1m

Total compensation

CEO salary percentage	7.6%
CEO tenure	8.5yrs
CEO ownership	0.03%
Management average tenure	6yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

Realty Income Corp.: Reliable 'Aristocratic' Yield For Your Dividend Growth Portfolio

Apr 02

Realty Income: A Monthly Dividend Champion

Mar 26

Realty Income: Perhaps The Smartest 6% Yield You Can Own

Mar 17

Realty Income Remains Undervalued - Opportunistic Investors May Look Forward To Excellent Returns

Mar 06

Realty Income Q4: O, O, O, It's Magic, You Know

Feb 27

Realty Income: A Bargain With A 6% Yield

Feb 21

Realty Income: Looking Attractively Valued And Generating Options Premium

Jan 22

Realty Income: Net Lease Stalwart At A Fair Price

Jan 15

Realty Income: Strong 2023 Close Augurs Well For 2024

Jan 01

Realty Income Vs. Agree Realty?

Dec 20

Realty Income: Rationalizing The Path Forward

Dec 08

Realty Income: 100 REITs Compared, Only The Strong Survive

Nov 26

Realty Income: A Smart Investment Choice For 'Young' Investors?

Nov 19

Realty Income: Buy The Fear

Nov 12

Realty Income Delivers Stellar Q3 Earnings

Nov 06

Realty Income Acquires Spirit: Trouble With The Curve

Oct 30

Realty Income: Ridiculously Low Valuation Paves Way For >20% Annual Returns

Oct 23

Realty Income: Calling All Contrarians

Oct 16

Realty Income Demonstrates Technical Strength With Solid Fundamentals

Oct 09

Realty Income: Trick Or Treat

Oct 01

The Market Has Gone Irrational With Realty Income

Sep 17

Realty Income: 2035 Bonds Present Better Upside To Shares

Sep 11

Why I Am Downgrading Realty Income: Bellagio Deal Was The Final Red Flag

Sep 04

Realty Income Stock: Should Retirees Buy The Dip Hand Over Fist?

Aug 29

Realty Income: Undervalued, Any Way You Look At It

Aug 23

Realty Income: Bullish On This Income Play

Aug 13

Realty Income: Buy The Dip Hand Over Fist

Aug 07

Realty Income: Perfect Income Investment For Your Retirement

Aug 01

What Recession? Earn Lifelong Income: Realty Income

Jul 23

Realty Income: A Potential Inflection Point Has Surfaced (Rating Upgrade)

Jul 11

Realty Income: Getting Cheap Again

Jun 30

Realty Income: Buy This Absolute Keeper

Jun 20

Realty Income: Still A Better Choice Than Fixed Income For Retirees?

Jun 06

Realty Income's High Dividend Yield Makes It A Valuable Investment

May 28

CEO Compensation Analysis

How has Sumit Roy's remuneration changed compared to Realty Income's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$13m	US$1m	US$872m
Sep 30 2023	n/a	n/a	US$881m
Jun 30 2023	n/a	n/a	US$867m
Mar 31 2023	n/a	n/a	US$895m
Dec 31 2022	US$14m	US$1m	US$869m
Sep 30 2022	n/a	n/a	US$646m
Jun 30 2022	n/a	n/a	US$562m
Mar 31 2022	n/a	n/a	US$463m
Dec 31 2021	US$13m	US$950k	US$359m
Sep 30 2021	n/a	n/a	US$473m
Jun 30 2021	n/a	n/a	US$361m
Mar 31 2021	n/a	n/a	US$345m
Dec 31 2020	US$8m	US$900k	US$395m
Sep 30 2020	n/a	n/a	US$407m
Jun 30 2020	n/a	n/a	US$485m
Mar 31 2020	n/a	n/a	US$472m
Dec 31 2019	US$8m	US$850k	US$436m
Sep 30 2019	n/a	n/a	US$392m
Jun 30 2019	n/a	n/a	US$390m
Mar 31 2019	n/a	n/a	US$391m
Dec 31 2018	US$7m	US$613k	US$364m
Sep 30 2018	n/a	n/a	US$339m
Jun 30 2018	n/a	n/a	US$328m
Mar 31 2018	n/a	n/a	US$313m
Dec 31 2017	US$5m	US$550k	US$302m

Compensation vs Market: Sumit's total compensation ($USD13.13M) is about average for companies of similar size in the US market ($USD13.53M).

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

CEO

Sumit Roy (53 yo)

8.5yrs

Tenure

US$13,128,810

Compensation

Mr. Sumit Roy serves as President at Realty Income Corporation since November 30, 2015 and is its Chief Executive Officer and Director since October 16, 2018. He serves as an Independent Director at Ventas...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sumit Roy	President	8.5yrs	US$13.13m	0.032% $ 15.1m
Mark Hagan	Executive VP & Chief Investment Officer	6yrs	US$3.84m	0.0064% $ 3.0m
Michelle Bushore	Executive VP	3.3yrs	US$3.00m	0.0029% $ 1.4m
Neil Abraham	President of Realty Income International	6yrs	US$3.91m	0.0056% $ 2.7m
Jonathan Pong	Executive VP	less than a year	no data	0.0050% $ 2.4m
Gregory Whyte	Executive VP & COO	1.3yrs	no data	0.00085% $ 405.3k
Sean Nugent	Senior VP	10.3yrs	US$680.65k	0.0024% $ 1.1m
Shannon Kehle	Executive VP & Chief People Officer	10.1yrs	no data	0.0028% $ 1.3m
Ross Edwards	Senior Vice President of Asset Management	no data	no data	no data
Scott Kohnen	Senior Vice President of Research	no data	no data	no data
Janeen Drakulich	SVP & Head of Asset Management	2.7yrs	no data	no data
Shannon Jensen	Senior VP	9.3yrs	no data	no data

6.0yrs

Average Tenure

53yo

Average Age

Experienced Management: O's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sumit Roy	President	5.6yrs	US$13.13m	0.032% $ 15.1m
Michael McKee	Independent Non-Executive Chairman of the Board & Lead Independent Director	29.8yrs	US$400.40k	0.019% $ 9.2m
Gerardo Lopez	Independent Director	5.8yrs	US$275.40k	0.0028% $ 1.3m
Priscilla Almodovar	Independent Director	2.5yrs	US$310.40k	0.0017% $ 791.6k
A. Chapman	Independent Director	12.3yrs	US$275.40k	0.00073% $ 348.1k
Ronald Merriman	Independent Director	18.8yrs	US$275.40k	0.0035% $ 1.7m
Jeff Jacobson	Independent Director	less than a year	no data	0.00046% $ 219.4k
Priya Huskins	Independent Director	16.4yrs	US$300.40k	0.0050% $ 2.4m
Gregory McLaughlin	Independent Director	16.9yrs	US$285.40k	0.0037% $ 1.8m
Mary Preusse	Independent Director	2.5yrs	US$275.40k	0.0028% $ 1.3m
Reginald Gilyard	Independent Director	5.8yrs	US$300.40k	0.0028% $ 1.3m
Jacqueline Brady	Independent Director	3yrs	US$275.40k	0.0014% $ 677.1k

5.8yrs

Average Tenure

60yo

Average Age

Experienced Board: O's board of directors are considered experienced (5.8 years average tenure).

Realty Income Management

Management criteria checks 4/4

Key information

Recent management updates

Realty Income Corporation, Annual General Meeting, May 30, 2024

Realty Income Corporation Announces Board Changes

Realty Income Corporation Appoints Jonathan Pong as Chief Financial Officer, Effective January 1, 2024

Realty Income Corporation Announces Executive Changes

Recent updates

Realty Income: Monthly Income On Sale For The Long-Term Investor

Upcoming dividend of US$0.26 per share

Upcoming dividend of US$0.26 per share

Very Bad News For Realty Income

Realty Income Corporation, Annual General Meeting, May 30, 2024

Realty Income: Compounding The 5.97% Yield Into A Great Investment

Dividend of US$0.26 announced

Realty Income Corporation Declares Monthly Dividend, Payable May 15, 2024

Realty Income Corporation to Report Q1, 2024 Results on May 06, 2024

Realty Income Corp.: Reliable 'Aristocratic' Yield For Your Dividend Growth Portfolio

Realty Income: A Monthly Dividend Champion

Upcoming dividend of US$0.26 per share

Realty Income: Perhaps The Smartest 6% Yield You Can Own

Dividend of US$0.26 announced

Realty Income Corporation Declares Monthly Cash Dividend, Payable on April 15, 2024

Consensus EPS estimates increase by 13%

Realty Income Remains Undervalued - Opportunistic Investors May Look Forward To Excellent Returns

Realty Income Q4: O, O, O, It's Magic, You Know

Realty Income Corporation has completed a Follow-on Equity Offering.

Upcoming dividend of US$0.26 per share

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Realty Income Corporation Provides Earnings Guidance for the Year 2024

Realty Income: A Bargain With A 6% Yield

Dividend of US$0.26 announced

Realty Income Corporation Announces Board Changes

Realty Income Corporation Declares Monthly Dividend, Payable on March 15, 2024

Decathlon S.A. agreed to acquire 82 Retail Properties Portfolio from Realty Income Corporation (NYSE:O) in a transaction valued at €530 million.

Upcoming dividend of US$0.26 per share at 5.5% yield

Realty Income Corporation (NYSE:O) completed the acquisition of Spirit Realty Capital, Inc. (NYSE:SRC) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Cohen & Steers, Inc. (NYSE:CNS), FMR LLC, State Street Corporation (NYSE:STT) and others.

Realty Income: Looking Attractively Valued And Generating Options Premium

Realty Income Corporation to Report Q4, 2023 Results on Feb 20, 2024

Realty Income: Net Lease Stalwart At A Fair Price

Realty Income Corporation Declares Monthly Cash Dividend, Payable on February 1, 2024

Realty Income: Strong 2023 Close Augurs Well For 2024

Upcoming dividend of US$0.26 per share at 5.4% yield

Realty Income Vs. Agree Realty?

Realty Income Corporation Appoints Jonathan Pong as Chief Financial Officer, Effective January 1, 2024

Realty Income Corporation Increases Monthly Cash Dividend, Payable on January 12, 2024

Realty Income: Rationalizing The Path Forward

Realty Income: 100 REITs Compared, Only The Strong Survive

Upcoming dividend of US$0.26 per share at 5.7% yield

Realty Income: A Smart Investment Choice For 'Young' Investors?

Realty Income: Buy The Fear

Realty Income Corporation Declares Monthly Dividend, Payable on December 15, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Realty Income Corporation Revises Earnings Guidance for the Year 2023

Realty Income Delivers Stellar Q3 Earnings

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

Realty Income Corporation (NYSE:O) entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE:SRC).

Price target decreased by 12% to US$60.00

Realty Income Acquires Spirit: Trouble With The Curve

Upcoming dividend of US$0.26 per share at 6.3% yield

Realty Income: Ridiculously Low Valuation Paves Way For >20% Annual Returns

Realty Income: Calling All Contrarians

Realty Income Demonstrates Technical Strength With Solid Fundamentals

Realty Income: Trick Or Treat

Realty Income Corporation to Report Q3, 2023 Results on Nov 06, 2023

Upcoming dividend of US$0.26 per share at 5.9% yield

The Market Has Gone Irrational With Realty Income

Realty Income Corporation Announces Monthly Dividend, Payable on October 13,2023

Realty Income: 2035 Bonds Present Better Upside To Shares

Why I Am Downgrading Realty Income: Bellagio Deal Was The Final Red Flag

Realty Income Stock: Should Retirees Buy The Dip Hand Over Fist?

Realty Income Corporation (NYSE:O) signed a definitive agreement to acquire 21.9% stake in Bellagio BREIT Venture from Blackstone Real Estate Income Trust, Inc. for approximately $950 million.

Upcoming dividend of US$0.26 per share at 5.4% yield

Upcoming dividend of US$0.26 per share at 5.4% yield

Realty Income: Undervalued, Any Way You Look At It

Realty Income Corporation Declares Monthly Dividend, Payable on September 15, 2023

Realty Income: Bullish On This Income Play

Realty Income Corporation has completed a Follow-on Equity Offering in the amount of $1.7639 billion.

Realty Income: Buy The Dip Hand Over Fist