Plymouth Industrial REIT, Inc.

NYSE:PLYM Stock Report

Market Cap: US$825.8m

Plymouth Industrial REIT Management

Management criteria checks 4/4

Plymouth Industrial REIT's CEO is Jeff Witherell, appointed in Mar 2011, has a tenure of 13.75 years. total yearly compensation is $3.20M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $4.59M. The average tenure of the management team and the board of directors is 2.8 years and 7.5 years respectively.

Key information

Jeff Witherell

Chief executive officer

US$3.2m

Total compensation

CEO salary percentage18.8%
CEO tenure13.8yrs
CEO ownership0.6%
Management average tenure2.8yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

Plymouth Industrial: Too Risky To Own

Nov 17

Plymouth Industrial: Buy High Quality At A Substantial Discount

Aug 04

Plymouth Industrial: An Interesting Industrial REIT

May 24

Plymouth Industrial: Good Time To Accumulate This Undervalued REIT

Mar 14

Plymouth Industrial: High Growth At A Low Price

Dec 30

Plymouth: Industrial Growth Without The Industrial Multiple

Oct 10

Plymouth Industrial REIT: The Next Target In M&A?

Aug 08

Plymouth Industrial REIT Q4 2022 Earnings Preview

Feb 22

Plymouth Industrial: Value O' Plenty In Secondary Markets

Jan 31

Plymouth Industrial posts solid rental rate, occupancy growth in 2022

Jan 05

Plymouth Industrial REIT declares $0.22 dividend

Dec 15

Plymouth Industrial: A Rock Solid REIT With Double-Digit Rent Growth

Nov 09

Plymouth Industrial REIT Q3 2022 Earnings Preview

Nov 02

Plymouth Industrial REIT reports Q3 leases of 2.6M sq. ft.

Oct 07

Plymouth Industrial REIT declares $0.22 dividend

Sep 15

Plymouth Industrial REIT: Half The Price Of Its Peers With Similar Growth

Aug 29

Plymouth Industrial: A Value REIT In The Industrials Sector

Aug 05

As Overhang Is Removed, Plymouth's True Value Is Revealed

May 20

CEO Compensation Analysis

How has Jeff Witherell's remuneration changed compared to Plymouth Industrial REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$846k

Jun 30 2024n/an/a

US$24m

Mar 31 2024n/an/a

US$19m

Dec 31 2023US$3mUS$600k

US$9m

Sep 30 2023n/an/a

-US$5m

Jun 30 2023n/an/a

-US$20m

Mar 31 2023n/an/a

-US$23m

Dec 31 2022US$2mUS$500k

-US$27m

Sep 30 2022n/an/a

-US$30m

Jun 30 2022n/an/a

-US$29m

Mar 31 2022n/an/a

-US$30m

Dec 31 2021US$2mUS$500k

-US$29m

Sep 30 2021n/an/a

-US$27m

Jun 30 2021n/an/a

-US$27m

Mar 31 2021n/an/a

-US$27m

Dec 31 2020US$1mUS$500k

-US$28m

Sep 30 2020n/an/a

-US$28m

Jun 30 2020n/an/a

-US$27m

Mar 31 2020n/an/a

-US$26m

Dec 31 2019US$851kUS$329k

-US$25m

Sep 30 2019n/an/a

-US$24m

Jun 30 2019n/an/a

-US$23m

Mar 31 2019n/an/a

-US$25m

Dec 31 2018US$503kUS$300k

-US$23m

Sep 30 2018n/an/a

-US$23m

Jun 30 2018n/an/a

-US$21m

Mar 31 2018n/an/a

-US$14m

Dec 31 2017US$1mUS$300k

-US$10m

Compensation vs Market: Jeff's total compensation ($USD3.20M) is about average for companies of similar size in the US market ($USD3.24M).

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

CEO

Jeff Witherell (59 yo)

13.8yrs

Tenure

US$3,195,306

Compensation

Mr. Jeffrey Earle Witherell, also known as Jeff, served as the Chief Executive Officer and President of Plymouth Realty Capital Corp. until November 28, 2018 and served as its Director since July 31, 2013...

Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Witherell
Co-Founder13.8yrsUS$3.20m0.56%
$ 4.6m
Philip Cottone
Independent Directorno dataUS$121.24k0.053%
$ 436.9k
Anthony Saladino
Executive VP & CFO2.8yrsUS$1.72m0.13%
$ 1.1m
James Connolly
Executive Vice President of Asset Management13.6yrsUS$1.21m0.17%
$ 1.4m
Lyndon Blakesley
Senior VP & Chief Accounting Officerno datano datano data
Anne Hayward
Senior VP13.8yrsno datano data
Scott Robinson
Senior Vice President of Corporate Development1.9yrsno datano data
Benjamin Coues
Senior VP & Head of Acquisitions1.9yrsno datano data
Daniel Heffernan
Senior Vice President of Asset Management1.9yrsno datano data

2.8yrs

Average Tenure

60yo

Average Age

Experienced Management: PLYM's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jeffrey Witherell
Co-Founder13.8yrsUS$3.20m0.56%
$ 4.6m
Philip Cottone
Independent Director7.5yrsUS$121.24k0.053%
$ 436.9k
John Guinee
Independent Director3.9yrsUS$121.24k0.078%
$ 646.8k
David Gaw
Lead Independent Director7.5yrsUS$128.74k0.054%
$ 445.5k
Richard DeAgazio
Independent Director7.5yrsUS$128.74k0.082%
$ 673.2k
Pendleton White
Director13.8yrsUS$904.26k0.28%
$ 2.3m
Caitlin Murphy
Independent Director3.7yrsUS$121.87k0.020%
$ 167.7k

7.5yrs

Average Tenure

68yo

Average Age

Experienced Board: PLYM's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Plymouth Industrial REIT, Inc. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas ThillmanBaird
David RodgersBaird
Brendan LynchBarclays