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...

Number of Employees

290

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.

SEC Filing

From March 21, 2024

Jeffrey S. Edison

Founder and CEO of Phillips Edison & Company

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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

Born

Invalid Date - 0 years ago

Is Founder?

Yes

Current Tenure

15 years 1 month (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.