Gregory S. Bielli is the CEO of Tejon Ranch Company and has been leading the firm since 2013. He holds a Bachelor's degree in Business Administration and focuses on real estate. Bielli's leadership has helped shape the company, driving its...

Gregory S. Bielli is the CEO of Tejon Ranch Company and has been leading the firm since 2013. He holds a Bachelor's degree in Business Administration and focuses on real estate. Bielli's leadership has helped shape the company, driving its strategic goals and enhancing shareholder value. He is known for his strong performance-based compensation plan, where a significant portion of his earnings is tied to achieving tough performance targets, like adjusted EBITDA. In 2023, he earned a total compensation of approximately $3.7 million, which reflects his commitment to aligning his interests with those of shareholders. He has been actively investing in the company, making multiple insider trades that show confidence in Tejon Ranch's direction, including trades valued over $8 million just this year. His tenure has seen improvements in the company's financial performance, indicating effective management and strategic growth initiatives.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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Gregory S. Bielli

CEO of Tejon Ranch

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Industrials

CEO of Tejon Ranch for

11 years 3 months (Dec 2013 - Present)

Previous Experience

President of Newland's Western Region at Newland Communities

Rivals

Competitors/colleagues of Gregory S. Bielli

Holdings

See how much did Gregory S. Bielli make over time.

Gregory S. Bielli has consistently demonstrated confidence in Tejon Ranch’s future through his significant insider trading activities. In 2019, his trades began with values around $1.92 million and steadily increased, peaking with an impressive $8.16 million in February 2023. Over...

Gregory S. Bielli has consistently demonstrated confidence in Tejon Ranch’s future through his significant insider trading activities. In 2019, his trades began with values around $1.92 million and steadily increased, peaking with an impressive $8.16 million in February 2023. Over the years, he has shown a steady increase in his trading values, indicating strong belief in the company's growth. In fact, in the last year alone, his trades were maintained around $6 million to $8 million each month, showcasing his continued commitment and strategic insight into the company. This upward trajectory of confidence points to a CEO firmly invested in both his role and the company's direction.

Insider Trading

See recent insider trades of Gregory S. Bielli.

TRC

$1.11M

TRC at $16.78/share

Dec 20, 2023

Received

TRC

$3.19M

TRC at $18.75/share

Jan 5, 2023

Received

TRC

$1.36M

TRC at $18.66/share

Dec 20, 2022

Received

TRC

$855.37K

TRC at $17.59/share

Mar 11, 2022

Received

TRC

$1.36M

TRC at $18.54/share

Dec 20, 2021

Received

TRC

$694.50K

TRC at $16.72/share

Mar 10, 2021

Received

TRC

$1.09M

TRC at $14.92/share

Dec 17, 2020

Received

TRC

$1.18M

TRC at $14.13/share

Mar 18, 2020

Received

TRC

$1.46M

TRC at $16.24/share

Dec 17, 2019

Received

TRC

$613.62K

TRC at $18.35/share

Mar 7, 2019

Received

Compensation History

See how much did Gregory S. Bielli make over time.

In 2023, Gregory S. Bielli's total compensation was $3.7 million, which includes a base salary of $800,000 and a sizable bonus of around $600,000. His incentives are tied to a performance plan that encourages accountability and aligns his interests with shareholders. The bonus he earned in 2023 amounted to approximately 130% of his target, a testament to his ability to meet high performance standards. His stock awards are structured to vest over three years, aiming to encourage long-term commitment and growth within the company. This pay-for-performance philosophy illustrates a clear tie between how well the company does and how Bielli is rewarded, which can motivate him to drive the company towards greater achievements.

Year

2023

Total Compensation

$2.53M

Salary

$800.00K

Board Justification

The executive compensation program is designed to align with a strong pay-for-performance philosophy and ties a substantial portion of executive compensation to the achievement of annual and long-term strategic objectives directly linked to the creation of shareholder value.

Bonus

$600.00K

Board Justification

The annual incentive plan is structured, and bonus levels are determined based upon the level of achievement of threshold, target, and maximum performance of quantitative and qualitative objectives. For 2023, Mr. Bielli earned an incentive of $1,038,944, which is approximately 129.87% of his target bonus.

Other

$15.52K

Board Justification

Other compensation includes costs associated with Company-provided vehicles and related maintenance, and Company-paid life insurance premiums.

Restricted Stock

$1.11M(65.92K Time-Based Stock Awards)

Board Justification

Time-based stock awards vest in equal annual installments over a three-year period from the grant date. The total value realized upon vesting in 2023 was $1,106,171.

Performance Metrics

The annual incentive plan is based on the achievement of performance objectives established at the beginning of each year, including adjusted EBITDA and individual objectives.