John A. Kite has been the driving force behind Kite Realty Group Trust as CEO since December 2008. He stepped into this role at a critical time, succeeding Alvin E. Kite, Jr., who retired from the board. John has a...

Current Market Cap

$5.77B

Number of Employees

229

Total Compensation

2019 - 2023

Trending up by 170.58% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 7.62% last year

Year

2023

Total Compensation

$10.37M

Salary

$950.00K

Board Justification

The compensation program is designed to attract, retain, and motivate outstanding senior executives, ensuring that compensation remains competitive and aligned with shareholder interests through a pay-for-performance structure.

Bonus

$2.85M

Board Justification

Annual cash bonus payments based on a pre-established formula, calculated 80% on objective financial and operating performance metrics and 20% on subjective individual performance assessment.

Other

$36.33K

Board Justification

Includes health and dental insurance premiums, life and disability insurance premiums, contributions to health savings accounts, and matching contributions to the 401(k) Plan.

Restricted Stock

$6.54M(285.96K LTIP Units)

Board Justification

Time-based LTIP Units that vested in 2023, reflecting the number of shares that have not vested as of December 31, 2023.

Performance Metrics

Key performance metrics include FFO/share, Same Property NOI, Retail Portfolio Leased Rate, ESG items, and individual performance.

SEC Filing

From April 16, 2024