Marshall A. Loeb has been the CEO of EastGroup Properties since January 1, 2016. Before that, he had a significant background in real estate, having served as President and Chief Operating Officer at Glimcher Realty Trust from 2005 to 2015....
Marshall A. Loeb has been the CEO of EastGroup Properties since January 1, 2016. Before that, he had a significant background in real estate, having served as President and Chief Operating Officer at Glimcher Realty Trust from 2005 to 2015. He also held the position of Chief Financial Officer at Parkway Properties, Inc. from 2000 to 2005. Interestingly, Marshall started his career with EastGroup back in 1991, working his way up from asset manager to senior vice president before leaving in 2000. His return in 2015 marked a full-circle moment in his career. Under his leadership, EastGroup has been actively focused on sustainability, with numerous LEED certifications that showcase their commitment to environmentally-friendly practices. Despite a sizable total compensation of over $5 million in 2022, including vested stock awards worth around $2.96 million, he has no bonuses or stock grants for that year, emphasizing a performance-oriented pay structure. Additionally, Marshall has been involved on the board of Lamar Advertising Company since 2018, further tying him to the real estate and advertising sectors.