Simon Property Group, Inc.

NYSE:SPG Stock Report

Market Cap: US$55.8b

Simon Property Group Management

Management criteria checks 2/4

Simon Property Group's CEO is David Simon, appointed in Jan 1995, has a tenure of 29.08 years. total yearly compensation is $35.67M, comprised of 3.5% salary and 96.5% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $175.27M. The average tenure of the management team and the board of directors is 8.5 years and 14.3 years respectively.

Key information

David Simon

Chief executive officer

US$35.7m

Total compensation

CEO salary percentage3.5%
CEO tenure29.1yrs
CEO ownership0.3%
Management average tenure8.5yrs
Board average tenure14.3yrs

Recent management updates

Recent updates

Simon Property Group: Not Ready To Pull The Trigger

Feb 09

Simon Property: The Upside Is Still Attractive, So It's A Buy

Jan 23

Simon Property Group: Simon Says 'Hold'

Dec 26

Buy Simon Property Group For The Future Yield

Dec 19

Simon Property Group Likely To Face Headwinds But Remains A BUY

Dec 01

Simon Property Group's 7% Dividend, Double Beat, And Increased Guidance Attractive

Oct 31

Simon Property Group: Malls Are Not Dead

Oct 25

Simon Property Group: Closing In On Sub-$100

Oct 10

Simon Property Group: One Of The Best 7% Dividend Yields

Oct 04

Simon Property Group Is Historically Undervalued At A Level Of 2000, 2008, Or 2020

Sep 21

Simon Property: Solid Performer With Significant Potential Upside

Sep 12

Simon Property Group: The Rise And Fall Of Shopping Malls Is Overblown

Sep 01

Simon Property Group: The Yield Will Get Fatter

Aug 03

Simon Property Group: A Fine REIT, But Better Alternatives Exist

Jul 14

Simon Property Group: Rethinking My Valuation Of The Stock (Rating Downgrade)

Jun 26

The Best Fixed-Rate Preferred Stock At Current Prices Comes From Simon Property Group

Jun 13

Simon Property Group: Interesting Undervaluation Levels Once Again

Jun 06

Simon Property: A 7.2% Yield For Cheap, I'm Jumping In

May 27

Why I Sold Simon Property Group - Again

Feb 19

Simon Property FFO of $3.15 beats by $0.02, revenue of $836.01M

Feb 06

Simon Property: The Bulls Will Likely Prevail

Dec 25

Simon Property: Cheaply Valued For The Long Run

Dec 15

Simon Property Group's Rally Can Continue Through The Holidays As Shares Are Still Undervalued

Nov 11

Simon Property Group Benefits From A Changing Real Estate Model

Oct 31

Simon Property launches its own American Express card with Cardless

Oct 18

Simon Property Group: The Mall Is Dead, Long Live The Mall

Oct 11

Buy Simon Property Group's 11% FFO Yield Before Everybody Else Does

Sep 12

Simon Property Group: A Switch Makes Sense

Aug 25

Simon Property Group: This Price Is Just Plain Silly

Aug 18

Simon Property raises dividend by 6% to $1.75

Aug 01

Simon Property Group: Pessimism Has Gone Too Far

Jul 18

Simon Property Group: My Oh My, A Mall REIT Buy?

Jul 07

Simon Property Group: It's A Buy Now!

Jun 30

Simon Property: One Of The Best Yields Out There

Jun 13

Simon Property: Buy Signal From 4% Yield Spread

May 28

Simon Property Group: Undervalued And Inflation Resistant

Apr 26

Simon Property Group: 5% Yield Is Enticing And I Expect More Dividend Increases

Apr 12

CEO Compensation Analysis

How has David Simon's remuneration changed compared to Simon Property Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$2b

Dec 31 2022US$36mUS$1m

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$10mUS$1m

US$2b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$9mUS$1m

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$10mUS$1m

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$11mUS$1m

US$2b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$5mUS$1m

US$2b

Compensation vs Market: David's total compensation ($USD35.67M) is above average for companies of similar size in the US market ($USD12.07M).

Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.


CEO

David Simon (61 yo)

29.1yrs

Tenure

US$35,667,783

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

NamePositionTenureCompensationOwnership
David Simon
Chairman29.1yrsUS$35.67m0.31%
$ 175.3m
Brian McDade
Executive VP & CFO5.3yrsUS$6.24m0.0098%
$ 5.5m
Adam Reuille
Senior VP & Chief Accounting Officer5.3yrsUS$2.49m0.0047%
$ 2.6m
John Rulli
Chief Administrative Officer17.1yrsUS$4.50m0.015%
$ 8.3m
Steven Fivel
General Counsel & Secretary7.1yrsUS$8.99m0.010%
$ 5.8m
Steven Broadwater
Senior Vice President of Financial Reporting & Operationsno datano datano data
Stanley Shashoua
Chief Investment Officerno datano datano data
Joseph Chiappetta
Senior VP & Chief Technology Officerno datano datano data
Thomas Ward
Senior Vice President of Investor Relations10yrsno datano data
Susan Massela
Senior Vice President of Human Resources3.7yrsno datano data
Victoria Hanor
Senior Executive VP & MD of Luxury Leasingno datano datano data
Mark Silvestri
President of Simon Development10.3yrsno datano data

8.5yrs

Average Tenure

55yo

Average Age

Experienced Management: SPG's management team is seasoned and experienced (8.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Simon
Chairman31.1yrsUS$35.67m0.31%
$ 175.3m
Reuben Leibowitz
Independent Director18.8yrsUS$316.72k0.017%
$ 9.7m
Larry Glasscock
Lead Independent Director13.9yrsUS$340.52k0.012%
$ 6.5m
Richard Sokolov
Vice Chairman28.1yrsUS$4.98m0.089%
$ 49.7m
Herbert Simon
Chairman Emeritus31.1yrsno data0.061%
$ 34.1m
Glyn Aeppel
Independent Director7.8yrsUS$278.53k0.0047%
$ 2.6m
Allan Hubbard
Independent Director14.8yrsUS$292.81k0.0098%
$ 5.5m
Gary Rodkin
Independent Director8.6yrsUS$278.53k0.0047%
$ 2.6m
Marta Stewart
Independent Director6yrsUS$283.29k0.0038%
$ 2.1m
Daniel Smith
Independent Director14.8yrsUS$283.29k0.0084%
$ 4.7m
Stefan Selig
Independent Director6.3yrsUS$297.68k0.0086%
$ 4.8m
Peggy Fang Roe
Independent Director2.2yrsUS$277.98k0.0012%
$ 658.6k

14.3yrs

Average Tenure

68.5yo

Average Age

Experienced Board: SPG's board of directors are seasoned and experienced ( 14.3 years average tenure).


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