Sundar PichaiSundar Pichai earned $164M in 2023

Michael J. Schall has been at the helm of Essex Property Trust, Inc. since 2011, guiding the company through significant changes in the real estate market. With a B.S. from the University of San Francisco, Schall has deep roots in...

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Michael J. Schall

Ex-CEO of Essex Property Trust

Education

B.S. from the University of San Francisco

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1969 - 56 years ago

CEO of Essex Property Trust for

12 years 2 months (Jan 2011 - Mar 2023)

Previous Experience

Senior Executive Vice President and Chief Operating Officer of Essex Property Trust, Inc.

Holdings

See how much did Michael J. Schall make over time.

Over the years, Schall's financial decisions have led to substantial insider trading activity. In 2019, his holdings peaked around $14 million. These values fluctuated considerably, reflecting market conditions and his role in the company. By 2023, as he prepared for...

Mar 18, 2025

Total Stock Sold

$53.59M

ESS

$53.59M

188,153 ESS shares

What if they kept their stock?

If Michael J. Schall didn't sell their stock, today they would have:
Extra ESS188,153 shares worth $46.47M.
This is -13.29% and $7.12M less than what they got when they sold the stock.

Charitable Transactions

ESS

11,460 shares

ESS

Recent Charitable Transactions

ESS

1,500 shares

ESS

Aug 3, 2021

Charity

ESS

$302.32K

ESS at $302.32/share

Jun 17, 2019

Charity

ESS

$239.69K

ESS at $239.69/share

Oct 11, 2018

Charity

ESS

$265.08K

ESS at $265.08/share

Aug 15, 2017

Charity

ESS

$233.78K

ESS at $233.78/share

Jan 13, 2016

Charity

ESS

$120.24K

ESS at $238.10/share

Dec 17, 2015

Charity

Insider Trading

See recent insider trades of Michael J. Schall.

PEB

$155.00K

PEB at $13.68/share

Jan 1, 2025

Received

PEB

$155.05K

PEB at $15.69/share

Jan 1, 2024

Received

ESS

12,586 shares

ESS

Dec 7, 2023

Received

PEB

$155.05K

PEB at $13.59/share

Jan 1, 2023

Received

ESS

$4.24M

ESS at $349.19/share

Mar 29, 2022

Sale

ESS

4,036 shares

ESS

Jan 20, 2022

Received

PEB

$170.01K

PEB at $21.78/share

Jan 1, 2022

Received

ESS

$10.79M

ESS at $344.16/share

Oct 28, 2021

Sale

ESS

1,500 shares

ESS

Aug 3, 2021

Charity

ESS

6,124 shares

ESS

Jan 13, 2021

Received

Compensation History

See how much did Michael J. Schall make over time.

In 2023, Michael Schall's compensation was reported at approximately $2.74 million. This amount primarily came from his salary, with no bonuses due to the transition of responsibilities as he retired. In 2022, he earned a total of over $4 million, which included a substantial bonus reflective of his performance metrics. It highlights the changing nature of executive compensation, where shifts in strategy and leadership transitions can significantly impact how compensation packages are structured. His compensation philosophy emphasized aligning with company performance and shareholder interests, with notable years seeing a higher tie-in to performance-based pay. Schall’s total compensation has varied significantly over the years, reflecting both the growth of the company and the metrics achieved under his leadership.

Year

2023

Total Compensation

$5.57M

Salary

$2.74M

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and shareholder interests, emphasizing performance-based pay.

Bonus

$0.00

Board Justification

No annual cash bonuses were granted in 2023 due to the transition of CEO responsibilities.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonuses, stock, and options.

Restricted Stock

$2.83M(12.59K RSU)

Board Justification

The stock awards that vested in 2023 were based on performance metrics achieved during the year.

Performance Metrics

Performance metrics for 2023 included achieving corporate goals related to revenue and net operating income growth.

Other Essex Property Trust CEOs

Here are other CEOs of Essex Property Trust