In 2023, Peter E. Baccile earned $2.70M in total compensation at First Industrial Realty Trust, including $836.00K salary and $1.83M bonus. Most recently acquired 52,395 shares in Feb 2018. Currently holds stock worth $3.97M. 9+ years at the helm of First Industrial Realty Trust.
Compensation History
Annual executive compensation data for Peter E. Baccile, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.70M
Salary
$836.00K
Bonus
$1.83M
Other
$31.04K
Salary
$836.00KBoard Justification
The compensation philosophy aims to attract and retain talented executives while linking compensation to performance metrics that enhance stockholder value.
Bonus
$1.83MBoard Justification
Annual cash performance bonuses under the 2023 Employee Bonus Plan based on the achievement of performance goals established by the Compensation Committee.
Other Compensation
$31.04KBoard Justification
Includes car allowance, insurance premiums, and 401(k) matching contributions.
Restricted Stock
Board Justification
No stock vested in 2023 as only performance-based and time-based awards are reported, and no specific vested stock was mentioned for 2023.
Performance Metrics
Key performance metrics include FFO per diluted share/unit, same store NOI growth, fixed charge coverage ratio, and discretionary objectives.
Peter E. Baccile
CEO of First Industrial Realty Trust
Field of Expertise
Business & Management
Sector of Economy
Real Estate
CEO of First Industrial Realty Trust for
9 years 0 months (Dec 2016 - Present)
Previous Experience
Joint Global Head of the Real Estate, Lodging and Leisure Group at UBS Securities, LLC, and various senior leadership roles at J.P. Morgan.
Other First Industrial Realty Trust CEOs
Holdings
Track Peter E. Baccile's stock holdings and portfolio value over time.
Insider Trading
Peter E. Baccile's recent stock transactions, purchases, and sales filed with the SEC.
52,395 shares
FR
Feb 13, 2018
Received
10,992 shares
FR
Feb 14, 2017
Received
Rivals
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Hamid R. Moghadam
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2024 Compensation
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$40.70M
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$1.00
Bonus
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W. Blake Baird
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Bonus
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Anthony Saladino
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2023 Compensation
Stock
$0.00
Salary
$400.00K
Bonus
$430.95K
Other
$64.76K
Total Holdings
$1.42M