Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Jeffrey S. Edison earned $2.97M in total compensation at Phillips Edison & Company, including $910.52K salary and $1.61M bonus. Most recently acquired 27,300 shares in Aug 2023. Currently holds stock worth $16.59M. Has led Phillips Edison & Company for over 16 years.

Compensation History

Annual executive compensation data for Jeffrey S. Edison, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.97M

Salary

$910.52K

Bonus

$1.61M

Other

$457.58K

Salary

$910.52K

Board Justification

The compensation philosophy is designed to attract, motivate, reward, and retain superior executive officers, linking compensation to performance metrics that drive stockholder value.

Bonus

$1.61M

Board Justification

The bonus for 2023 was based on performance metrics including Adjusted FFO per share and Same-Center NOI growth, resulting in a payout of 120% of target.

Other Compensation

$457.58K

Board Justification

Other compensation includes contributions to the 401(k) plan, distributions paid on unvested equity-based awards, and personal use of the Company’s leased aircraft.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were vested in 2023 as the focus was on cash compensation and performance-based awards that are not included in this summary.

Performance Metrics

The performance metrics for 2023 included Adjusted FFO per share and Same-Center NOI growth.

P

Jeffrey S. Edison

Founder and CEO of Phillips Edison & Company

Education

Bachelor of Arts in mathematics and economics from Colgate University, Master of Business Administration from Harvard University.

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

CEO of Phillips Edison & Company for

16 years 0 months (Dec 2009 - Present)

Previous Experience

Senior Vice President at Nations Bank’s South Charles Realty Corporation, Vice President at Morgan Stanley Realty Incorporated, employed by The Taubman Company.

Holdings

Track Jeffrey S. Edison's stock holdings and portfolio value over time.

Insider Trading

Jeffrey S. Edison's recent stock transactions, purchases, and sales filed with the SEC.

PECO

27,300 shares

PECO

Aug 4, 2023

Received

PECO

52,702 shares

PECO

Mar 1, 2023

Received

PECO

$1.40M

PECO at $28.00/share

Jul 15, 2021

Purchase

Rivals

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