SITE Centers Management
Management criteria checks 4/4
SITE Centers' CEO is David Lukes, appointed in Mar 2017, has a tenure of 7.08 years. total yearly compensation is $6.74M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 0.58% of the company’s shares, worth $16.46M. The average tenure of the management team and the board of directors is 6.9 years and 7.2 years respectively.
Key information
David Lukes
Chief executive officer
US$6.7m
Total compensation
CEO salary percentage | 13.4% |
CEO tenure | 7.1yrs |
CEO ownership | 0.6% |
Management average tenure | 6.9yrs |
Board average tenure | 7.2yrs |
Recent management updates
Recent updates
SITE Centers Remains A Solid Investment Even After The Spinoff
Feb 27SITE Centers: Asset Sales Highlight Extreme Undervaluation
Nov 01SITE Centers: Holding Steady
Oct 22SITE Centers: The 6.85% Yielding Preferred Shares Are Intriguing
Jul 19Here's Why We Think SITE Centers (NYSE:SITC) Might Deserve Your Attention Today
Feb 16SITE Centers Corp.: Shares Appear Fairly Valued Following Q4FY22 Results
Feb 13SITE Centers Q4 2022 Earnings Preview
Feb 07SITE Centers announces $166.3M property sales in Q4
Jan 09SITE Centers to buy back stock in $100M repurchase plan
Dec 20SITE Centers declares $0.13 dividend
Nov 01SITE Centers: High Quality Shopping Centers On The Clearance Rack
Oct 24SITE Centers declares $0.13 dividend
Sep 07SITE Centers: Not Differentiated Enough For Selective Investors
Aug 30SITE Centers FFO, revenue beat estimates, raises 2022 guidance
Jul 28SITE Centers: The Picture Continues To Improve
Jun 16CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$7m | US$900k | US$254m |
Sep 30 2023 | n/a | n/a | US$86m |
Jun 30 2023 | n/a | n/a | US$103m |
Mar 31 2023 | n/a | n/a | US$158m |
Dec 31 2022 | US$7m | US$900k | US$157m |
Sep 30 2022 | n/a | n/a | US$188m |
Jun 30 2022 | n/a | n/a | US$150m |
Mar 31 2022 | n/a | n/a | US$106m |
Dec 31 2021 | US$7m | US$900k | US$106m |
Sep 30 2021 | n/a | n/a | US$43m |
Jun 30 2021 | n/a | n/a | US$20m |
Mar 31 2021 | n/a | n/a | -US$3m |
Dec 31 2020 | US$9m | US$865k | US$15m |
Sep 30 2020 | n/a | n/a | US$31m |
Jun 30 2020 | n/a | n/a | US$44m |
Mar 31 2020 | n/a | n/a | US$62m |
Dec 31 2019 | US$7m | US$850k | US$61m |
Sep 30 2019 | n/a | n/a | US$223m |
Jun 30 2019 | n/a | n/a | US$191m |
Mar 31 2019 | n/a | n/a | US$170m |
Dec 31 2018 | US$6m | US$850k | US$80m |
Sep 30 2018 | n/a | n/a | -US$319m |
Jun 30 2018 | n/a | n/a | -US$309m |
Mar 31 2018 | n/a | n/a | -US$274m |
Dec 31 2017 | US$8m | US$705k | -US$271m |
Compensation vs Market: David's total compensation ($USD6.74M) is about average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Lukes (53 yo)
7.1yrs
Tenure
US$6,740,650
Compensation
Mr. David R. Lukes has been the Chief Executive Officer and President of SITE Centers Corp. since March 2, 2017. Mr. Lukes has been Chief Executive Officer and President of Retail Value Inc. since February...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 7.1yrs | US$6.74m | 0.58% $ 16.5m | |
Executive VP | 4.4yrs | US$3.40m | 0.053% $ 1.5m | |
Executive VP & Chief Investment Officer | 6.9yrs | US$2.70m | 0.061% $ 1.7m | |
Senior VP & Chief Accounting Officer | less than a year | no data | 0.020% $ 577.6k | |
Capital Markets & Investor Relations | no data | no data | no data | |
Executive VP | 6.4yrs | no data | no data | |
Senior Vice President of Information Technology | 7yrs | no data | no data | |
Senior Vice President of Property Reporting | 7.1yrs | no data | no data | |
Senior Vice President of Property Accounting Operations | 7.1yrs | no data | no data | |
Senior Vice President of Leasing | 2.7yrs | no data | no data | |
Vice President of Capital Markets | no data | no data | no data | |
VP & Corporate Controller | no data | no data | no data |
6.9yrs
Average Tenure
45yo
Average Age
Experienced Management: SITC's management team is seasoned and experienced (6.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 7.1yrs | US$6.74m | 0.58% $ 16.5m | |
Independent Chairman of the Board | 23.9yrs | US$334.91k | 0.051% $ 1.4m | |
Independent Director | 1.6yrs | US$189.91k | 0.091% $ 2.6m | |
Independent Director | 21.9yrs | US$199.91k | 0.0024% $ 68.9k | |
Independent Director | 8.9yrs | US$169.91k | 9.36% $ 264.4m | |
Independent Director | 7.3yrs | US$234.91k | 0.027% $ 757.0k | |
Independent Director | 5.5yrs | US$219.91k | 0.030% $ 842.9k | |
Independent Director | 5.5yrs | US$214.94k | 0.020% $ 565.8k |
7.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: SITC's board of directors are considered experienced (7.2 years average tenure).