Sundar PichaiSundar Pichai earned $164M in 2023

Andrew Blocher served as the Chief Financial Officer of NetSTREIT Corp. until his resignation in November 2022. During his time with the company, he played a significant role in its growth and operations, contributing to the firm’s strong performance metrics...

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Andrew Blocher

Ex-CEO of NetSTREIT

Sector of Economy

Real Estate

CEO of NetSTREIT for

Until November 2022

Previous Experience

Unknown

Holdings

See how much did Andrew Blocher make over time.

At the peak of his financial standing, Andrew Blocher's stock holdings in NetSTREIT reached approximately $9.3 million in early 2022. These holdings illustrate his significant stake in the company and commitment to its success. Over the years, the value of...

Total Stock Sold

$3.73M

FRT

$3.73M

36,977 FRT shares

What if they kept their stock?

If Andrew Blocher didn't sell their stock, today they would have:
Extra FRT36,977 shares worth $3.09M.
This is -17.22% and $642.94K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Andrew Blocher.

NTST

$36.00K

NTST at $18.00/share

Aug 17, 2020

Purchase

FRT

$2.81M

FRT at $105.12/share

Aug 14, 2012

Sale

FRT

$386.34K

FRT at $96.59/share

Feb 27, 2012

Sale

FRT

4,017 shares

FRT

Feb 9, 2012

Received

FRT

$260.08K

FRT at $86.70/share

Aug 16, 2011

Sale

FRT

$276.69K

FRT at $85.69/share

May 12, 2011

Sale

FRT

3,165 shares

FRT

Feb 10, 2011

Received

Compensation History

See how much did Andrew Blocher make over time.

In 2022, Andrew Blocher's total compensation package was approximately $420,000. This included a base salary of $300,000, a performance-linked bonus of $50,000, and $150,000 worth of vested stock. His compensation structure was carefully designed to reward performance metrics like revenue growth and operational efficiency, ensuring that his interests were aligned with those of NetSTREIT’s shareholders. The year prior, he earned nearly $993,000 due to higher bonuses and stock performance. His compensation philosophy was geared towards retaining top executive talent and rewarding achievements based on tangible results, showcasing a proactive approach in managing shareholder value, which is essential in a competitive market like real estate finance.

Year

2022

Total Compensation

$520.00K

Salary

$300.00K

Board Justification

The company's compensation philosophy aims to attract and retain top executive talent while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$50.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and operational efficiency, paid out in cash for the year 2022.

Other

$20.00K

Board Justification

Other compensation includes health benefits, retirement contributions, and perquisites such as a company car and travel allowances.

Restricted Stock

$150.00K(10K RSU)

Board Justification

The stock that vested in 2022 was part of a long-term incentive plan designed to align executive compensation with shareholder interests, with shares vesting based on performance criteria over a three-year period.

Performance Metrics

The performance metrics for determining the CEO's compensation in 2022 included revenue growth, net income, and total shareholder return.