Simon Property Group Management
Management criteria checks 4/4
Simon Property Group's CEO is David Simon, appointed in Jan 1995, has a tenure of 30.08 years. total yearly compensation is $15.56M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $261.78M. The average tenure of the management team and the board of directors is 7.2 years and 12.3 years respectively.
Key information
David Simon
Chief executive officer
US$15.6m
Total compensation
| CEO salary percentage | 8.0% |
| CEO tenure | 30.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 7.2yrs |
| Board average tenure | 12.3yrs |
Recent management updates
Recent updates
Simon Property Group: The Mall Isn't Dead After Strong Earnings And Continued Dividend Increases
Feb 06SPG: The Common Shares Are Our Preferred Choice, Though They Are No Longer A Bargain
Jan 17Simon Property Group: Still An Opportunistic Buy For Long-Term Investors
Dec 12Simon Property Group Is Still Undervalued
Nov 14Simon Property Group: Inexpensive And Still Increasing The Dividend Yielding Around 5%
Nov 04Simon Property Group: The Rebirth Of Malls Is Experiential
Oct 24Simon Property Group: Cheap Dividend Growth
Sep 23Simon Property Group: Why Momentum Might Be In The Cards
Sep 03Simon Property Group: Not The Best Investment At This Point
Aug 18Simon Property Group: Still In My Portfolio But Certainly Not Adding More
Jul 13Simon Property Group Can Go Higher After Increased Dividend And 2024 Guidance
Jun 07Simon Property Group Q1 Results: A 'Hold' Due To Its Premium Valuation
May 07Simon Property: Time To Take Some Profit
Apr 21I Added Simon Property Group's 5.4% Dividend Yield To My Shopping
Apr 15Simon Property Group: I'd Be Careful Here Due To Valuation (Rating Downgrade)
Mar 24Simon Property Group: Strong Fundamentals Make This REIT A Buy And Hold
Mar 18Simon Property Group: Not Ready To Pull The Trigger
Feb 09Simon Property: The Upside Is Still Attractive, So It's A Buy
Jan 23Simon Property Group: Simon Says 'Hold'
Dec 26Buy Simon Property Group For The Future Yield
Dec 19Simon Property Group Likely To Face Headwinds But Remains A BUY
Dec 01Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive
Oct 31Simon Property Group: Malls Are Not Dead
Oct 25Simon Property Group: Closing In On Sub-$100
Oct 10Simon Property Group: One Of The Best 7% Dividend Yields
Oct 04Simon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020
Sep 21Simon Property: Solid Performer With Significant Potential Upside
Sep 12Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown
Sep 01Simon Property Group: The Yield Will Get Fatter
Aug 03Simon Property Group: A Fine REIT, But Better Alternatives Exist
Jul 14Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)
Jun 26The Best Fixed-Rate Preferred Stock At Current Prices Comes From Simon Property Group
Jun 13Simon Property Group: Interesting Undervaluation Levels Once Again
Jun 06Simon Property: A 7.2% Yield For Cheap, I'm Jumping In
May 27Why I Sold Simon Property Group - Again
Feb 19Simon Property FFO of $3.15 beats by $0.02, revenue of $836.01M
Feb 06Simon Property: The Bulls Will Likely Prevail
Dec 25Simon Property: Cheaply Valued For The Long Run
Dec 15Simon Property Group's Rally Can Continue Through The Holidays As Shares Are Still Undervalued
Nov 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$16m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$36m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$10m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$9m | US$1m | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$2b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$10m | US$1m | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$11m | US$1m | US$2b |
Compensation vs Market: David's total compensation ($USD15.56M) is about average for companies of similar size in the US market ($USD12.48M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Simon (62 yo)
30.1yrs
Tenure
US$15,564,307
Compensation
Mr. David E. Simon is a Director at Rue Gilt Groupe, Inc. since October 2019. He serves as an Independent Director at Apollo Global Management, Inc. since June 15, 2021. He has been the Chief Executive Off...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30.1yrs | US$15.56m | 0.38% $ 261.8m | |
| Executive VP & CFO | 6.3yrs | US$4.56m | 0.012% $ 8.2m | |
| Senior VP & Chief Accounting Officer | 6.3yrs | US$1.44m | 0.0052% $ 3.6m | |
| Chief Administrative Officer | 18.1yrs | US$4.09m | 0.016% $ 11.2m | |
| General Counsel & Secretary | 8.1yrs | US$4.09m | 0.012% $ 8.2m | |
| Senior Vice President of Financial Reporting & Operations | no data | no data | no data | |
| Chief Investment Officer | no data | no data | no data | |
| Senior VP of Business Solutions & Chief Technology Officer | no data | no data | no data | |
| Senior Vice President of Investor Relations | 11yrs | no data | no data | |
| Chief Marketing Officer | 1.1yrs | no data | no data | |
| Senior Vice President of Human Resources | 4.7yrs | no data | no data | |
| Senior Executive VP & MD of Luxury Leasing | no data | no data | no data |
7.2yrs
Average Tenure
56yo
Average Age
Experienced Management: SPG's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.1yrs | US$15.56m | 0.38% $ 261.8m | |
| Senior Vice President of Corporate Investments & Director | less than a year | no data | 0.018% $ 12.9m | |
| Independent Director | 19.8yrs | US$330.53k | 0.019% $ 13.3m | |
| Lead Independent Director | 14.9yrs | US$355.33k | 0.013% $ 8.8m | |
| Vice Chairman | 29.1yrs | no data | 0.095% $ 66.0m | |
| Independent Director | 8.8yrs | US$303.26k | 0.0053% $ 3.7m | |
| Independent Director | 15.8yrs | US$305.85k | 0.011% $ 7.4m | |
| Independent Director | 9.6yrs | US$291.01k | 0.0053% $ 3.7m | |
| Independent Director | 7yrs | US$312.26k | 0.0044% $ 3.1m | |
| Independent Director | 15.8yrs | US$295.99k | 0.0092% $ 6.4m | |
| Independent Director | 7.3yrs | US$310.83k | 0.0093% $ 6.5m | |
| Independent Director | 3.2yrs | US$291.01k | 0.0016% $ 1.1m |
12.3yrs
Average Tenure
66.5yo
Average Age
Experienced Board: SPG's board of directors are seasoned and experienced ( 12.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 02:48 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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 Github.
Analyst Sources
Simon Property Group, Inc. is covered by 45 analysts. 7 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 |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Ross Smotrich | Barclays |
| William Acheson | Benchmark Company |