Jason E. Fox has been the CEO of W.P. Carey Inc. since January 1, 2018, after serving as the company's President from 2015 to 2017. He has been part of W.P. Carey since 2002, working his way up from different roles in the Investment Department. One key fact is that under his leadership, the company has maintained a strong focus on disciplined investment strategy, leading to record investment volume and stability in dividends, boosting shareholder confidence. Notably, the company has increased dividends for 83 consecutive quarters.

Net Lease Office PropertiesNovember 2023 - November 2023

Current Market Cap

$13.42B

Number of Employees

197

Total Compensation

2019 - 2023

Trending down by -71.98% last year

Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.39% last year

Bonus

Down by -21.05% last year

Other

Up by 8.20% last year

2023 2022 2021 2020 2019 2018

Year

2023

Total Compensation

$2.53M

Salary

$1.00M

Board Justification

The compensation programs are designed to align executive pay with Company performance and to motivate management to make sound financial decisions that increase the value of the Company. A significant portion of compensation is at-risk and tied to performance metrics.

Bonus

$1.50M

Board Justification

The annual cash bonus plan for 2023 included three financial metrics: RE AFFO per share (weighted 70%), Net Debt to Adjusted EBITDA (weighted 20%), and Cash Interest Expense Coverage (weighted 10%). Mr. Fox earned a bonus of 100% of target based on overall Company goals and strategic accomplishments.

Other

$33.00K

Board Justification

This includes contributions to the Company-sponsored profit sharing plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023 for Mr. Fox.

Performance Metrics

The performance metrics for 2023 included RE AFFO per share, Net Debt to Adjusted EBITDA, and Cash Interest Expense Coverage.

SEC Filing

From March 28, 2024

View SEC Filing

Jason E. Fox

Ex-CEO of Net Lease Office Properties

Education

Field of Expertise

Born

July 30, 2024 - 0 years ago

Is Founder?

Tenure

0 years 0 months (Nov 2023 - Nov 2023)

Previous Experience

Former COO at XYZ Corp, Senior Vice President at ABC Inc.

View Holdings

Insider Holdings of Jason E. Fox

WPC

$56.27M

$4.40M (8.48%)

Last Insider Trade

WPC

400 shares

WPC

Aug 14, 2024

Charity

Predecessor

None

Successor

Richard J. Pinola

November 2023 - November 2023