Sila Realty Trust Management
Management criteria checks 3/4
Sila Realty Trust's CEO is Michael Seton, appointed in Mar 2015, has a tenure of 9.67 years. total yearly compensation is $5.50M, comprised of 14.5% salary and 85.5% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $4.89M. The average tenure of the management team and the board of directors is 0.8 years and 5 years respectively.
Key information
Michael Seton
Chief executive officer
US$5.5m
Total compensation
| CEO salary percentage | 14.5% |
| CEO tenure | 9.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | less than a year |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Sila Realty Trust: Steady Quarter, Asset Repositioning Almost Done
Nov 13Sila Realty Trust: Buy This 6.3% Yielding REIT Before The Market Catches On
Sep 10Sila: Index Buying Should Offset Slightly Lower Than Expected AFFO
Aug 16Sila Realty Trust: This Newly Listed REIT Could Be A Great Portfolio Addition For Income Seekers
Jul 22Sila Realty Trust: Dutch Auction Tender Presents Attractive Arbitrage Opportunity
Jun 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$23m |
| Jun 30 2024 | n/a | n/a | US$26m |
| Mar 31 2024 | n/a | n/a | US$25m |
| Dec 31 2023 | US$6m | US$800k | US$24m |
| Sep 30 2023 | n/a | n/a | -US$2m |
| Jun 30 2023 | n/a | n/a | -US$3m |
| Mar 31 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | US$4m | US$800k | -US$8m |
| Sep 30 2022 | n/a | n/a | US$39m |
| Jun 30 2022 | n/a | n/a | US$20m |
| Mar 31 2022 | n/a | n/a | US$8m |
| Dec 31 2021 | US$5m | US$800k | US$1m |
| Sep 30 2021 | n/a | n/a | -US$4m |
| Jun 30 2021 | n/a | n/a | US$613k |
| Mar 31 2021 | n/a | n/a | US$5m |
| Dec 31 2020 | US$3m | US$200k | US$9m |
Compensation vs Market: Michael's total compensation ($USD5.50M) is about average for companies of similar size in the US market ($USD5.35M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Seton (51 yo)
9.7yrs
Tenure
US$5,501,420
Compensation
Mr. Michael A. Seton serves as Managing Director of Originations - New York at Hypothekenbank Frankfurt Aktiengesellschaft and Eurohypo Aktiengesellschaft New York Branch (formerly known as Eurohypo AG)-Ne...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.7yrs | US$5.50m | 0.35% $ 4.9m | |
| Executive VP | 6.2yrs | US$2.45m | 0.16% $ 2.2m | |
| EVP & Chief Investment Officer | less than a year | no data | 0.047% $ 653.9k | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Senior Vice President of Capital Markets & Investor Relations | no data | no data | no data | |
| Senior Vice President of Investment Management | no data | no data | no data | |
| Senior Vice President of Corporate Accounting | no data | no data | no data | |
| Senior Vice President of Acquisitions | less than a year | no data | no data |
0.8yrs
Average Tenure
51yo
Average Age
Experienced Management: SILA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | US$5.50m | 0.35% $ 4.9m | |
| Independent Director | 6.3yrs | US$208.04k | 0.033% $ 461.7k | |
| Independent Director | 2.4yrs | US$209.41k | 0.019% $ 267.5k | |
| Independent Director | 3.6yrs | US$206.91k | 0.023% $ 324.8k | |
| Independent Chairman of the Board | 10.6yrs | US$248.05k | 0.047% $ 663.1k | |
| Independent Director | 2.4yrs | US$201.91k | 0.019% $ 267.5k |
5.0yrs
Average Tenure
68yo
Average Age
Experienced Board: SILA's board of directors are considered experienced (5 years average tenure).