Tanger Management
Management criteria checks 4/4
Tanger's CEO is Steve Yalof, appointed in Apr 2020, has a tenure of 4.67 years. total yearly compensation is $6.10M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $26.11M. The average tenure of the management team and the board of directors is 3.2 years and 7.7 years respectively.
Key information
Steve Yalof
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 13.9% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.2yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
Tanger: A Fair Price For A Great Business
Nov 30Tanger Factory: 3.5% Yield, Margin Of Safety, Moderate FFO Multiple
Sep 12Tanger: Building Wealth With Consistent Returns And Growth
Aug 29Tanger: 4% Yield, Re-Tenanting Upside, Low FFO Multiple
Jun 15Tanger Factory Outlets: Still Growing While Beating 2020 Expectations
Apr 16Tanger: Sustained Growth With Desirable Locations
Mar 27Tanger: A Well-Covered 4% Dividend Plus Growth Potential
Jan 16After Fantastic Upside, Tanger Is No Longer On Sale (Rating Downgrade)
Nov 20Tanger Factory: A Quality 'Buy' At The Right Price
Sep 26Tanger Factory Outlet: Flush With Cash, 4.2% Dividend Yield, A Buy?
Jul 19Tanger Factory FFO of $0.47 beats by $0.02, revenue of $116.46M beats by $7.45M, guidance in-line
Feb 21Dividend Cut Risk For Tanger But SWAN With Simon
Jan 30Tanger Factory Outlet: 5 Reasons Why You Should Sell This REIT
Jan 16Simon Says, Sell Tanger Factory Outlets
Dec 19Tanger Factory: Secure A 4.5% Yield For Tough Times
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$95m |
| Jun 30 2024 | n/a | n/a | US$97m |
| Mar 31 2024 | n/a | n/a | US$97m |
| Dec 31 2023 | US$6m | US$850k | US$98m |
| Sep 30 2023 | n/a | n/a | US$90m |
| Jun 30 2023 | n/a | n/a | US$87m |
| Mar 31 2023 | n/a | n/a | US$84m |
| Dec 31 2022 | US$5m | US$850k | US$81m |
| Sep 30 2022 | n/a | n/a | US$79m |
| Jun 30 2022 | n/a | n/a | US$44m |
| Mar 31 2022 | n/a | n/a | US$25m |
| Dec 31 2021 | US$5m | US$850k | US$8m |
| Sep 30 2021 | n/a | n/a | -US$5m |
| Jun 30 2021 | n/a | n/a | US$20m |
| Mar 31 2021 | n/a | n/a | -US$6m |
| Dec 31 2020 | US$6m | US$535k | -US$37m |
Compensation vs Market: Steve's total compensation ($USD6.10M) is about average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Yalof (61 yo)
4.7yrs
Tenure
US$6,100,202
Compensation
Mr. Stephen J. Yalof, also known as Steve, serves as Chief Executive Officer at Tanger Inc. since January 1, 2021, serves as its President since April 10, 2020 and served as its Chief Operating Officer sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.7yrs | US$6.10m | 0.66% $ 26.1m | |
| Executive VP | 2.1yrs | US$2.85m | 0.13% $ 5.2m | |
| Executive VP & COO | 3yrs | US$1.50m | 0.077% $ 3.1m | |
| Senior VP & Chief Accounting Officer | 7.6yrs | US$721.94k | 0.054% $ 2.1m | |
| Executive VP | 1.3yrs | no data | 0.028% $ 1.1m | |
| Senior Vice President of Marketing | no data | no data | no data | |
| Senior Vice President of People | no data | no data | no data | |
| Senior Vice President of Legal & Corporate Counsel | no data | no data | no data | |
| Senior Vice President of Tax | no data | no data | no data | |
| Senior Vice President of Digital Strategy | no data | no data | no data | |
| Senior Vice President of Real Estate | 3.6yrs | no data | no data | |
| Executive Vice President of Leasing | 3.2yrs | no data | 0.032% $ 1.3m |
3.2yrs
Average Tenure
50yo
Average Age
Experienced Management: SKT's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.4yrs | US$6.10m | 0.66% $ 26.1m | |
| Independent Director | 14.4yrs | US$267.14k | 0.042% $ 1.7m | |
| Non-Executive Chair of the Board | 31.6yrs | US$2.29m | 0.84% $ 33.1m | |
| Independent Director | 10.4yrs | US$242.14k | 0.0018% $ 71.7k | |
| Independent Director | 8.9yrs | US$267.14k | 0.075% $ 3.0m | |
| Lead Independent Director | 15.9yrs | US$267.14k | 0.088% $ 3.5m | |
| Independent Director | 3.5yrs | US$238.49k | 0.023% $ 926.5k | |
| Independent Director | 6.4yrs | US$267.14k | 0.013% $ 510.4k | |
| Independent Director | 5.4yrs | US$257.14k | no data | |
| Director | less than a year | no data | 0.0011% $ 44.0k |
7.7yrs
Average Tenure
63yo
Average Age
Experienced Board: SKT's board of directors are considered experienced (7.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Tanger Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |
| Craig Schmidt | BofA Global Research |
| Jeffrey Spector | BofA Global Research |