Orion Office REIT Management
Management criteria checks 1/4
Orion Office REIT's CEO is Paul McDowell, appointed in Nov 2021, has a tenure of 2.5 years. total yearly compensation is $3.46M, comprised of 16.3% salary and 83.7% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth $132.19K. The average tenure of the management team and the board of directors is 2.5 years and 2.5 years respectively.
Key information
Paul McDowell
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 16.3% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.08% |
| Management average tenure | 2.5yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Orion Office REIT: The Downturn Continues
Feb 28Realty Income: My Favorite High-Yield REIT In The Market Today
Jan 11Spirit Realty Capital: Time To Exit Realty Income (Rating Downgrades)
Jan 04Orion: 3 Reasons There Could Be Material Downside In 2024
Dec 26Orion Office REIT: A Speculative Buy Once The Selling Pressure Subsides
Oct 16Orion Office REIT: An Upgrade Is Warranted
Aug 12Orion Office REIT: Suggestivist Speaks
May 29Orion Office Is Dirt Cheap With Upside Potential
Jan 10Orion Office REIT FFO of $0.42, revenue of $51.8M
Nov 03Orion Office REIT goes ex-dividend tomorrow
Sep 28Orion Office: The Good, The Bad, And The Ugly
Aug 10Orion Office REIT Q2 2022 Earnings Preview
Aug 02Orion Office REIT: No Win For This REIT Spin (Yet)
Jul 25Orion Office: Blood In The Constellation
Jun 27Why Orion Office Is Still A Horrible Idea
May 24Orion And Office Properties: Why Both Deserve Low Multiples
May 03Orion Office REIT: Built To Thrive In Inflation, Expect Double Digit Returns
Apr 22Orion Office REIT: Get Out While You Still Can
Apr 07A Future Blue-Chip With A Fat Yield Up To +8%: Orion Office
Mar 23Orion Office: High Yield Potential At A Bargain
Feb 22Realty Income Finally Dips
Jan 28Orion Office REIT: Don't Get Caught Holding The Bag
Jan 04Orion Office REIT: Well Below Its Fair Value
Dec 25Realty Income: Reviewing Our Top 2021 REIT Investment
Dec 04Orion Office: If You Have Missed The Initial Sell-Off, Hold
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$564k | -US$57m |
| Sep 30 2023 | n/a | n/a | -US$60m |
| Jun 30 2023 | n/a | n/a | -US$97m |
| Mar 31 2023 | n/a | n/a | -US$96m |
| Dec 31 2022 | US$3m | US$550k | -US$97m |
| Sep 30 2022 | n/a | n/a | -US$133m |
| Jun 30 2022 | n/a | n/a | -US$82m |
| Mar 31 2022 | n/a | n/a | -US$62m |
| Dec 31 2021 | US$959k | US$95k | -US$47m |
Compensation vs Market: Paul's total compensation ($USD3.46M) is above average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul McDowell (63 yo)
2.5yrs
Tenure
US$3,455,759
Compensation
Mr. Paul H. McDowell, J.D., has been President of Office & Industrial Group at ARC Advisory Services, LLC since September 27, 2013. He has been Director, Chief Executive Officer and President of Orion Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.5yrs | US$3.46m | 0.076% $ 132.2k | |
| Executive VP | 2.5yrs | US$1.79m | 0.033% $ 57.1k | |
| COO & Executive VP | 2.5yrs | US$1.27m | 0.027% $ 47.2k | |
| Chief Investment Officer & Executive VP | 2.5yrs | US$1.25m | 0.020% $ 35.1k | |
| Chief Accounting Officer | no data | no data | 0.011% $ 19.5k | |
| Chief Administrative Officer | 1.3yrs | no data | no data | |
| General Counsel & Secretary | 2.5yrs | no data | 0.014% $ 24.9k | |
| Senior VP & Head of Property Management | no data | no data | no data | |
| Senior Vice President of Investments | less than a year | no data | no data |
2.5yrs
Average Tenure
56yo
Average Age
Experienced Management: ONL's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.5yrs | US$3.46m | 0.076% $ 132.2k | |
| Independent Director | 2.5yrs | US$167.99k | 0.033% $ 57.3k | |
| Independent Director | 2.5yrs | US$182.99k | 0.017% $ 29.2k | |
| Independent Director | 2.5yrs | US$187.99k | 0.020% $ 34.4k | |
| Independent Non-Executive Chairman | 2.5yrs | US$231.24k | 0.024% $ 41.5k |
2.5yrs
Average Tenure
63yo
Average Age
Experienced Board: ONL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.