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 29.33 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 $207.73M. The average tenure of the management team and the board of directors is 6.5 years and 14.6 years respectively.
Key information
David Simon
Chief executive officer
US$15.6m
Total compensation
| CEO salary percentage | 8.0% |
| CEO tenure | 29.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.5yrs |
| Board average tenure | 14.6yrs |
Recent management updates
Recent updates
Simon 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 11Simon Property Group Benefits From A Changing Real Estate Model
Oct 31Simon Property launches its own American Express card with Cardless
Oct 18Simon Property Group: The Mall Is Dead, Long Live The Mall
Oct 11Buy Simon Property Group's 11% FFO Yield Before Everybody Else Does
Sep 12Simon Property Group: A Switch Makes Sense
Aug 25Simon Property Group: This Price Is Just Plain Silly
Aug 18Simon Property raises dividend by 6% to $1.75
Aug 01Simon Property Group: Pessimism Has Gone Too Far
Jul 18Simon Property Group: My Oh My, A Mall REIT Buy?
Jul 07Simon Property Group: It's A Buy Now!
Jun 30Simon Property: One Of The Best Yields Out There
Jun 13Simon Property: Buy Signal From 4% Yield Spread
May 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$5m | 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 ($USD13.62M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Simon (61 yo)
29.3yrs
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 | 29.3yrs | US$15.56m | 0.38% $ 207.7m | |
| Executive VP & CFO | 5.6yrs | US$4.56m | 0.012% $ 6.5m | |
| Senior VP & Chief Accounting Officer | 5.6yrs | US$1.44m | 0.0052% $ 2.9m | |
| Chief Administrative Officer | 17.3yrs | US$4.09m | 0.016% $ 8.9m | |
| General Counsel & Secretary | 7.3yrs | US$4.09m | 0.012% $ 6.5m | |
| 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 | 10.3yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Senior Vice President of Human Resources | 3.9yrs | no data | no data | |
| Senior Executive VP & MD of Luxury Leasing | no data | no data | no data |
6.5yrs
Average Tenure
55yo
Average Age
Experienced Management: SPG's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 31.3yrs | US$15.56m | 0.38% $ 207.7m | |
| Independent Director | 19yrs | US$330.53k | 0.018% $ 10.1m | |
| Lead Independent Director | 14.2yrs | US$355.33k | 0.012% $ 6.5m | |
| Vice Chairman | 28.3yrs | no data | 0.089% $ 49.2m | |
| Chairman Emeritus | 31.3yrs | US$100.00k | 0.061% $ 33.8m | |
| Independent Director | 8yrs | US$303.26k | 0.0048% $ 2.6m | |
| Independent Director | 15yrs | US$305.85k | 0.0099% $ 5.5m | |
| Independent Director | 8.8yrs | US$291.01k | 0.0048% $ 2.6m | |
| Independent Director | 6.3yrs | US$312.26k | 0.0039% $ 2.1m | |
| Independent Director | 15yrs | US$295.99k | 0.0085% $ 4.7m | |
| Independent Director | 6.5yrs | US$310.83k | 0.0087% $ 4.8m | |
| Independent Director | 2.4yrs | US$291.01k | 0.0012% $ 663.3k |
14.6yrs
Average Tenure
68.5yo
Average Age
Experienced Board: SPG's board of directors are seasoned and experienced ( 14.6 years average tenure).