Baxter Underwood is the CEO of Safe Harbor, having stepped into the role in January 2017. Before that, he served as President of Safe Harbor for two years. His experience includes a solid background in investment, notably as Chief Investment...
Baxter Underwood is the CEO of Safe Harbor, having stepped into the role in January 2017. Before that, he served as President of Safe Harbor for two years. His experience includes a solid background in investment, notably as Chief Investment Officer at CNL Lifestyle Properties, a public REIT, where he managed a large portfolio of lifestyle assets. Underwood was involved in a significant acquisition when Safe Harbor joined with Sun Communities in late 2020, aiming to expand their reach in the marina business. He has a unique compensation structure; while he drew a modest salary of $325,000, a noteworthy aspect of his earnings comes from 69,368 restricted shares given in 2020, worth over $9.5 million, giving him a strong stake in the company’s future. His insider trading shows fluctuations in his holdings, peaking at $12.61 million in late 2021, reflecting his active involvement. Underwood’s leadership precisely aligns executive interests with shareholders, all while navigating the challenges posed by the pandemic and strategically growing Safe Harbor’s operations.