David R. Lukes is the CEO of SITE Centers Corporation, appointed to lead the company in its commitment to managing retail properties. His tenure reflects a significant understanding of the retail real estate landscape. In 2023, he had a total...
David R. Lukes is the CEO of SITE Centers Corporation, appointed to lead the company in its commitment to managing retail properties. His tenure reflects a significant understanding of the retail real estate landscape. In 2023, he had a total compensation of approximately $6.74 million, with a notable salary of $900,000 and a substantial portion from vested stock worth around $8.84 million. This indicates that much of his earned wealth is tied to the stock performance, aligning his interests with those of the shareholders. In previous years, his compensation fluctuated, peaking in 2021 at $22.5 million when he received a significant bonus based on the company's performance metrics. Lukes has been influential in guiding the company through strategic initiatives, such as serving on the Dividend Declaration Committee and the Pricing Committee of the Board. His background in real estate management provides a solid foundation for his role at SITE Centers. Under his leadership, the company aims to enhance its portfolio and improve shareholder value.