Peakstone Realty Trust Management
Management criteria checks 1/4
Peakstone Realty Trust's CEO is Michael Escalante, appointed in Jun 2015, has a tenure of 9.5 years. total yearly compensation is $7.84M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth $5.01M. The average tenure of the management team and the board of directors is 5.1 years and 1.8 years respectively.
Key information
Michael Escalante
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 9.5yrs |
| CEO ownership | 1.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Peakstone Realty Trust: Acquisition Enhances Portfolio Narrative, But Risks Exist
Nov 14Navigating The Tides: Peakstone Realty Trust's Strategic Moves In A Challenging Market
Feb 05Peakstone Realty Might Need To Choose Between Industrial And Office Properties
Jan 25Peakstone Realty: Past Its Twin Peaks
Sep 22Peakstone Realty: Steer Clear Of This Single-Tenant Net Lease Office REIT
Jun 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$43m |
| Jun 30 2024 | n/a | n/a | -US$146m |
| Mar 31 2024 | n/a | n/a | -US$559m |
| Dec 31 2023 | US$8m | US$925k | -US$558m |
| Sep 30 2023 | n/a | n/a | -US$767m |
| Jun 30 2023 | n/a | n/a | -US$750m |
| Mar 31 2023 | n/a | n/a | -US$406m |
| Dec 31 2022 | US$7m | US$925k | -US$412m |
| Sep 30 2022 | n/a | n/a | -US$182m |
| Jun 30 2022 | n/a | n/a | -US$69m |
| Mar 31 2022 | n/a | n/a | US$7m |
| Dec 31 2021 | US$9m | US$925k | US$2m |
| Sep 30 2021 | n/a | n/a | -US$8m |
| Jun 30 2021 | n/a | n/a | -US$19m |
| Mar 31 2021 | n/a | n/a | -US$19m |
| Dec 31 2020 | US$3m | US$800k | -US$13m |
| Sep 30 2020 | n/a | n/a | -US$8m |
| Jun 30 2020 | n/a | n/a | US$9m |
| Mar 31 2020 | n/a | n/a | US$20m |
| Dec 31 2019 | US$10m | US$800k | US$25m |
Compensation vs Market: Michael's total compensation ($USD7.84M) is above average for companies of similar size in the US market ($USD2.11M).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael Escalante (64 yo)
9.5yrs
Tenure
US$7,843,857
Compensation
Mr. Michael J. Escalante is Executive Director of Griffin Realty Trust, General Partner of Griffin Capital Essential Asset Operating Partnership, L.P. He has been the President of Peakstone Realty Trust (f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of Board | 1.8yrs | US$268.29k | 0.047% $ 204.1k | |
| CEO, President & Trustee | 9.5yrs | US$7.84m | 1.16% $ 5.0m | |
| CFO & Treasurer | 8.5yrs | US$2.76m | 0.29% $ 1.3m | |
| COO & Chief Legal Officer | 5.5yrs | US$2.67m | 0.25% $ 1.1m | |
| Consultant | 3.8yrs | US$1.77m | 0.076% $ 326.6k | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Managing Director of Industrial Properties | 5.3yrs | no data | 0.031% $ 132.2k | |
| Managing Director of Asset Management | 4.9yrs | no data | 0.051% $ 221.8k | |
| Managing Director | less than a year | no data | no data | |
| Senior Vice President of Corporate Controller | no data | no data | no data |
5.1yrs
Average Tenure
63yo
Average Age
Experienced Management: PKST's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of Board | 1.8yrs | US$268.29k | 0.047% $ 204.1k | |
| CEO, President & Trustee | 9.8yrs | US$7.84m | 1.16% $ 5.0m | |
| Independent Trustee | 9.9yrs | US$205.09k | 0.042% $ 182.4k | |
| Independent Director | less than a year | no data | 0.022% $ 95.6k | |
| Independent Trustee | 1.8yrs | US$154.51k | 0.028% $ 122.5k |
1.8yrs
Average Tenure
62yo
Average Age
Experienced Board: PKST's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:07 |
| End of Day Share Price | 2024/12/19 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
Peakstone Realty Trust is covered by 3 analysts. 2 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 |
|---|---|
| Joshua Dennerlein | BofA Global Research |
| Ki Bin Kim | Truist Securities |
| Anthony Hau | Truist Securities |