Jeffrey S. Edison is the CEO of Phillips Edison & Company (PECO), a leading company in grocery-anchored shopping centers. He co-founded PECO and has been both the CEO and Chairman since late 2009. Edison has a solid background in real...

Jeffrey S. Edison is the CEO of Phillips Edison & Company (PECO), a leading company in grocery-anchored shopping centers. He co-founded PECO and has been both the CEO and Chairman since late 2009. Edison has a solid background in real estate, having built his career in the industry since the 1980s. Before starting PECO, he held senior positions at notable firms like Nations Bank and Morgan Stanley. Edison is not just a face in the boardroom; he’s heavily involved in the company’s daily operations and strategic goals. He has been a key player in the company growing its portfolio to over 290 properties and maintains a strong focus on customer needs and community impact. Edison's decisions are grounded in solid performance metrics, and he's recognized for linking pay to real results for investors. As someone who has never sold a share of PECO stock, he clearly shows his commitment to the company’s long-term vision and values. With his leadership, PECO has achieved record occupancy levels and successful public offerings, illustrating his knack for navigating the company's growth amid market changes.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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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

15 years 4 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.

Rivals

Competitors/colleagues of Jeffrey S. Edison

K

Steven P. Grimes

CEO of Kite Realty Group

2023 Compensation

Stock

$6.54M

Salary

$950.00K

Bonus

$2.85M

Other

$36.33K

Total Holdings

$16.22M

K

Conor C. Flynn

CEO of Kimco Realty

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.92M

Other

$26.34K

Total Holdings

$28.47M

R

Lisa Palmer

CEO of Regency Centers

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.71M

Other

$20.22K

Total Holdings

$9.99M

B

James M. Taylor Jr.

CEO of Brixmor Property Group

2023 Compensation

Stock

$6.59M

Salary

$1.10M

Bonus

$2.43M

Other

$36.11K

Total Holdings

$29.52M

I

Daniel J. Busch

CEO of InvenTrust Properties

2023 Compensation

Stock

$1.01M

Salary

$850.00K

Bonus

$1.58M

Other

$11.71K

Total Holdings

$2.25M

Holdings

See how much did Jeffrey S. Edison make over time.

Jeffrey S. Edison has maintained significant stakes in Phillips Edison & Company, with his ownership valued around $9.1 million as of 2023. His investments reflect a strong alignment with the company's growth and performance. The market has often rewarded Edison...

Jeffrey S. Edison has maintained significant stakes in Phillips Edison & Company, with his ownership valued around $9.1 million as of 2023. His investments reflect a strong alignment with the company's growth and performance. The market has often rewarded Edison for his decisions, as evidenced by the rise in the stock value since PECO's IPO. Historically, his wealth was closely tied to stock valuations and company performance metrics. Despite fluctuations over the years, he has remained a consistent presence in the company’s direction and governance, with consistent increases in both stockholder value and operational returns. Edison's long-term commitment is evident in his stockholding strategy as he plans to keep his equity tied to PECO's future growth and success.

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Insider Trading

See recent insider trades of Jeffrey S. Edison.

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

Compensation History

See how much did Jeffrey S. Edison make over time.

In 2023, Jeffrey S. Edison's total compensation was approximately $7.15 million, which includes his base salary, bonuses, and other incentives. His salary was set at about $910,520, reflecting his role's expectations and performance. For the bonus, which amounted to about $1.61 million, the payout was based primarily on the company’s financial performance metrics like Adjusted FFO per share growth. While he didn't receive any stock grants or options last year, his overall compensation strategy emphasizes cash incentives tied to measurable company successes. This model is designed to attract and retain talent while aligning Edison's interests with those of stockholders, ensuring that his rewards depend on PECO's performance and growth goals.

Year

2023

Total Compensation

$2.97M

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

$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

$0.00(0 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.