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 13.67 years. total yearly compensation is $3.20M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth $4.70M. The average tenure of the management team and the board of directors is 2.8 years and 7.4 years respectively.
Key information
Jeff Witherell
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 18.8% |
| CEO tenure | 13.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 2.8yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Plymouth Industrial: Too Risky To Own
Nov 17Plymouth Industrial: Buy High Quality At A Substantial Discount
Aug 04Plymouth Industrial: An Interesting Industrial REIT
May 24Plymouth Industrial: Good Time To Accumulate This Undervalued REIT
Mar 14Plymouth Industrial: High Growth At A Low Price
Dec 30Plymouth: Industrial Growth Without The Industrial Multiple
Oct 10Plymouth Industrial REIT: The Next Target In M&A?
Aug 08Plymouth Industrial REIT Q4 2022 Earnings Preview
Feb 22Plymouth Industrial: Value O' Plenty In Secondary Markets
Jan 31Plymouth Industrial posts solid rental rate, occupancy growth in 2022
Jan 05Plymouth Industrial REIT declares $0.22 dividend
Dec 15Plymouth Industrial: A Rock Solid REIT With Double-Digit Rent Growth
Nov 09Plymouth Industrial REIT Q3 2022 Earnings Preview
Nov 02Plymouth Industrial REIT reports Q3 leases of 2.6M sq. ft.
Oct 07Plymouth Industrial REIT declares $0.22 dividend
Sep 15Plymouth Industrial REIT: Half The Price Of Its Peers With Similar Growth
Aug 29Plymouth Industrial: A Value REIT In The Industrials Sector
Aug 05As Overhang Is Removed, Plymouth's True Value Is Revealed
May 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$846k |
| Jun 30 2024 | n/a | n/a | US$24m |
| Mar 31 2024 | n/a | n/a | US$19m |
| Dec 31 2023 | US$3m | US$600k | US$9m |
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jun 30 2023 | n/a | n/a | -US$20m |
| Mar 31 2023 | n/a | n/a | -US$23m |
| Dec 31 2022 | US$2m | US$500k | -US$27m |
| Sep 30 2022 | n/a | n/a | -US$30m |
| Jun 30 2022 | n/a | n/a | -US$29m |
| Mar 31 2022 | n/a | n/a | -US$30m |
| Dec 31 2021 | US$2m | US$500k | -US$29m |
| Sep 30 2021 | n/a | n/a | -US$27m |
| Jun 30 2021 | n/a | n/a | -US$27m |
| Mar 31 2021 | n/a | n/a | -US$27m |
| Dec 31 2020 | US$1m | US$500k | -US$28m |
| Sep 30 2020 | n/a | n/a | -US$28m |
| Jun 30 2020 | n/a | n/a | -US$27m |
| Mar 31 2020 | n/a | n/a | -US$26m |
| Dec 31 2019 | US$851k | US$329k | -US$25m |
| Sep 30 2019 | n/a | n/a | -US$24m |
| Jun 30 2019 | n/a | n/a | -US$23m |
| Mar 31 2019 | n/a | n/a | -US$25m |
| Dec 31 2018 | US$503k | US$300k | -US$23m |
| Sep 30 2018 | n/a | n/a | -US$23m |
| Jun 30 2018 | n/a | n/a | -US$21m |
| Mar 31 2018 | n/a | n/a | -US$14m |
| Dec 31 2017 | US$1m | US$300k | -US$10m |
Compensation vs Market: Jeff's total compensation ($USD3.20M) is about average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Witherell (59 yo)
13.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 13.7yrs | US$3.20m | 0.55% $ 4.7m | |
| Independent Director | no data | US$121.24k | 0.053% $ 450.7k | |
| Executive VP & CFO | 2.8yrs | US$1.72m | 0.13% $ 1.1m | |
| Executive Vice President of Asset Management | 13.5yrs | US$1.21m | 0.17% $ 1.5m | |
| Senior VP & Chief Accounting Officer | no data | no data | no data | |
| Senior VP | 13.7yrs | no data | no data | |
| Senior Vice President of Corporate Development | 1.8yrs | no data | no data | |
| Senior VP & Head of Acquisitions | 1.8yrs | no data | no data | |
| Senior Vice President of Asset Management | 1.8yrs | no data | no data |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Management: PLYM's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 13.7yrs | US$3.20m | 0.55% $ 4.7m | |
| Independent Director | 7.4yrs | US$121.24k | 0.053% $ 450.7k | |
| Independent Director | 3.8yrs | US$121.24k | 0.078% $ 667.3k | |
| Lead Independent Director | 7.4yrs | US$128.74k | 0.054% $ 459.6k | |
| Independent Director | 7.4yrs | US$128.74k | 0.082% $ 694.5k | |
| Director | 13.7yrs | US$904.26k | 0.27% $ 2.3m | |
| Independent Director | 3.6yrs | US$121.87k | 0.020% $ 173.0k |
7.4yrs
Average Tenure
68yo
Average Age
Experienced Board: PLYM's board of directors are considered experienced (7.4 years average tenure).