Peakstone Realty Trust Management
Management criteria checks 3/4
Peakstone Realty Trust's CEO is Michael Escalante, appointed in Jun 2015, has a tenure of 8.92 years. total yearly compensation is $7.47M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 1.62% of the company’s shares, worth $8.15M. The average tenure of the management team and the board of directors is 4.7 years and 5.1 years respectively.
Key information
Michael Escalante
Chief executive officer
US$7.5m
Total compensation
| CEO salary percentage | 12.4% |
| CEO tenure | 8.9yrs |
| CEO ownership | 1.6% |
| Management average tenure | 4.7yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Navigating 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 |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -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$25m |
Compensation vs Market: Michael's total compensation ($USD7.47M) is above average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Escalante (63 yo)
8.9yrs
Tenure
US$7,470,408
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 |
|---|---|---|---|---|
| CEO, President & Trustee | 8.9yrs | US$7.47m | 1.62% $ 8.1m | |
| CFO & Treasurer | 7.9yrs | US$2.80m | 0.29% $ 1.5m | |
| COO & Chief Legal Officer | 4.9yrs | US$2.43m | 0.25% $ 1.2m | |
| Consultant | 3.3yrs | US$1.46m | 0.076% $ 380.9k | |
| Executive Chairman of Board | 1.2yrs | no data | 0.010% $ 52.3k | |
| Chief Accounting Officer | 4.8yrs | no data | 0.054% $ 270.6k | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Managing Director of Industrial Properties | 4.7yrs | no data | 0.031% $ 154.1k | |
| Managing Director of Asset Management | 4.3yrs | no data | 0.052% $ 258.7k | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President | less than a year | no data | no data | |
| Senior Vice President of Corporate Controller | no data | no data | no data |
4.7yrs
Average Tenure
61.5yo
Average Age
Experienced Management: PKST's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 9.3yrs | US$7.47m | 1.62% $ 8.1m | |
| Executive Chairman of Board | 1.2yrs | no data | 0.010% $ 52.3k | |
| Independent Trustee | 9.3yrs | US$165.00k | 0.020% $ 101.3k | |
| Independent Trustee | 5.1yrs | US$165.00k | 0.023% $ 116.3k | |
| Independent Trustee | 1.2yrs | no data | 0.0063% $ 31.4k |
5.1yrs
Average Tenure
61yo
Average Age
Experienced Board: PKST's board of directors are considered experienced (5.1 years average tenure).