As of 2023, Conor Fennerty has strategically maneuvered his holdings within SITE Centers Corporation. Notably, his compensation for the year was $594,930, reflecting a substantial decrease from 2022’s $925,000. His wealth was significantly tied to his performance at the company,...
As of 2023, Conor Fennerty has strategically maneuvered his holdings within SITE Centers Corporation. Notably, his compensation for the year was $594,930, reflecting a substantial decrease from 2022’s $925,000. His wealth was significantly tied to his performance at the company, and 2021 highlighted a high point with total earnings reported at approximately $2.46 million due to a generous bonus and stock vesting. This shift implies a more cash-focused compensation strategy, moving away from stock-based rewards, which could mean a calculated risk to align better with immediate company performance and growth objectives. His decision to prioritize cash over stock aligns with his focus on solidifying the company’s financial standing. In past years, he has held a substantial amount of equity, specifically opting for strategic stock grants that have yet to vest, showcasing both a commitment to the company and a cautious approach to personal wealth tied directly to corporate success.