Welltower Management
Management criteria checks 2/4
Welltower's CEO is Shankh Mitra, appointed in Oct 2020, has a tenure of 4.08 years. total yearly compensation is $17.20M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth $10.70M. The average tenure of the management team and the board of directors is 4 years and 5.2 years respectively.
Key information
Shankh Mitra
Chief executive officer
US$17.2m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.01% |
| Management average tenure | 4yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Welltower: Senior Housing Isn't A Growth Stock
Nov 16Welltower: Aging Gracefully Or Out Of Touch? Stock That's Priced For Perfection
Sep 02Welltower: Trades At A Premium But For Good Reason
Jun 20Welltower: High Quality Comes At A Full Price
Apr 09Why Avoid Welltower
Jan 22Hold Welltower Inc.: Premium REIT, But Expensive.
Dec 13Welltower: Set To Benefit From Aging Population
Sep 28Welltower Remains Highly Capital Efficient, Enhanced By Portfolio Scale Growth
Jul 18Welltower goes ex-dividend on Monday
Feb 24Welltower Q4 results largely in line, but 2023 outlook falls short of expectations
Feb 15Welltower drops 8% after new short report from Hindenburg Research
Dec 07Welltower FFO of $0.84 beats by $0.01, revenue of $1.47B beats by $10M
Nov 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$916m |
| Jun 30 2024 | n/a | n/a | US$593m |
| Mar 31 2024 | n/a | n/a | US$442m |
| Dec 31 2023 | US$17m | US$1m | US$340m |
| Sep 30 2023 | n/a | n/a | US$252m |
| Jun 30 2023 | n/a | n/a | US$118m |
| Mar 31 2023 | n/a | n/a | US$105m |
| Dec 31 2022 | US$14m | US$1m | US$141m |
| Sep 30 2022 | n/a | n/a | US$204m |
| Jun 30 2022 | n/a | n/a | US$390m |
| Mar 31 2022 | n/a | n/a | US$327m |
| Dec 31 2021 | US$13m | US$1m | US$336m |
| Sep 30 2021 | n/a | n/a | US$441m |
| Jun 30 2021 | n/a | n/a | US$587m |
| Mar 31 2021 | n/a | n/a | US$740m |
| Dec 31 2020 | US$10m | US$768k | US$979m |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$6m | US$700k | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$584m |
| Mar 31 2019 | n/a | n/a | US$601m |
| Dec 31 2018 | US$5m | US$700k | US$758m |
| Sep 30 2018 | n/a | n/a | US$545m |
| Jun 30 2018 | n/a | n/a | US$555m |
| Mar 31 2018 | n/a | n/a | US$589m |
| Dec 31 2017 | US$3m | US$425k | US$464m |
Compensation vs Market: Shankh's total compensation ($USD17.20M) is above average for companies of similar size in the US market ($USD12.73M).
Compensation vs Earnings: Shankh's compensation has increased by more than 20% in the past year.
CEO
Shankh Mitra (43 yo)
4.1yrs
Tenure
US$17,199,891
Compensation
Mr. Shankh S. Mitra serves as Chief Executive Officer & Chief Investment Officer at Welltower OP LLC. He serves as the Chief Executive Officer at Welltower Inc. since October 05, 2020 and serves as its Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | US$17.20m | 0.012% $ 10.7m | |
| Executive VP & CFO | 5.2yrs | US$6.92m | 0.0038% $ 3.3m | |
| Executive VP & COO | 3.3yrs | US$6.05m | 0.00019% $ 163.5k | |
| Executive VP | 8.3yrs | US$4.00m | 0.0043% $ 3.7m | |
| Executive VP & Chief Investment Officer | 1.8yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | 4yrs | no data | 0.0024% $ 2.0m | |
| Senior Vice President of Corporate Finance | 3.3yrs | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Senior VP & Head of Corporate Development | 2.8yrs | no data | no data | |
| Senior VP & Head of Human Capital | 5.2yrs | no data | no data | |
| Senior Vice President of Relationship Management | 6.8yrs | no data | no data | |
| Vice President of Asset Management | 21.3yrs | no data | no data |
4.0yrs
Average Tenure
43yo
Average Age
Experienced Management: WELL's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | US$17.20m | 0.012% $ 10.7m | |
| Independent Chairman | 8.8yrs | US$557.60k | 0.0023% $ 2.0m | |
| Independent Director | 3.5yrs | US$330.10k | 0.00098% $ 843.2k | |
| Independent Director | 5.8yrs | US$358.60k | 0.0011% $ 912.1k | |
| Director | less than a year | no data | no data | |
| Independent Director | 3.5yrs | US$331.10k | 0.00056% $ 481.8k | |
| Independent Director | 4.3yrs | US$350.10k | 0.0014% $ 1.2m | |
| Independent Director | 6yrs | US$328.60k | 0.0018% $ 1.6m | |
| Independent Director | 10.3yrs | US$355.10k | 0.0035% $ 3.0m | |
| Independent Director | 6yrs | US$327.60k | 0.0015% $ 1.3m |
5.2yrs
Average Tenure
62yo
Average Age
Experienced Board: WELL's board of directors are considered experienced (5.2 years average tenure).