Peter M. Mavoides has been the CEO of Essential Properties Realty Trust since 2018. He studied finance at the University of Maryland, and has built a solid track record in the real estate investment trust (REIT) sector. Before joining Essential...

Peter M. Mavoides has been the CEO of Essential Properties Realty Trust since 2018. He studied finance at the University of Maryland, and has built a solid track record in the real estate investment trust (REIT) sector. Before joining Essential Properties, he served as the President and COO of Spirit Realty Capital, helping to transform it into a public company with over $8 billion in assets. His leadership is characterized by a focus on strong tenant relationships and strategic investments. In 2022, Mavoides signed a new employment agreement with a five-year term, with incentives tied to company performance. He's known for his approach to sustainability and has pushed for initiatives to reduce the company's environmental footprint, reflecting a commitment to long-term value for both the company and its shareholders.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Essential Properties Realty Trust CEOs

E

Peter M. Mavoides

CEO of Essential Properties Realty Trust

Education

Mr. Mavoides holds a B.S. in Finance from the University of Maryland.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1971 - 54 years ago

CEO of Essential Properties Realty Trust for

6 years 9 months (Jun 2018 - Present)

Previous Experience

Prior to joining Essential Properties Realty Trust, Inc., Mr. Mavoides held various positions in the real estate investment and management sectors.

Rivals

Competitors/colleagues of Peter M. Mavoides

F

William H. Lenehan

CEO of Four Corners Property Trust

2023 Compensation

Stock

$167.50K

Salary

$670.00K

Bonus

$837.50K

Other

$254.28K

Total Holdings

$17.55M

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

John P. Case

CEO of Realty Income

2023 Compensation

Stock

$7.40M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$9.09M

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

R

Sumit Roy

CEO of Realty Income

2023 Compensation

Stock

$5.96M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$23.97M

Holdings

See how much did Peter M. Mavoides make over time.

Peter M. Mavoides holds significant shares in Essential Properties Realty Trust, which reflects a strong commitment to the company's future. As of the latest data, he has virtually no liquidated stock, showcasing confidence in the company’s direction. In 2020, he...

Peter M. Mavoides holds significant shares in Essential Properties Realty Trust, which reflects a strong commitment to the company's future. As of the latest data, he has virtually no liquidated stock, showcasing confidence in the company’s direction. In 2020, he saw a notable increase in his stock holdings, with the value reaching about $4.2 million that year. In 2021 and 2022, he continued to accumulate shares, with vested awards totaling around $4.1 million in 2021 and $4.2 million in 2022. This focus on equity shows Mavoides' alignment with shareholder interests, but fluctuations in his net worth highlight the risks involved in the real estate investment space.

Mar 17, 2025

E

shares

EPRT @ $31.88

Total Stock Sold

$12.20M

EPRT

$12.20M

504,034 EPRT shares

What if they kept their stock?

If Peter M. Mavoides didn't sell their stock, today they would have:
Extra EPRT504,034 shares worth $5.93M.
This is -51.43% and $6.28M less than what they got when they sold the stock.

Charitable Transactions

EPRT

4,939 shares

EPRT

Recent Charitable Transactions

EPRT

4,939 shares

EPRT

Nov 3, 2021

Charity

Insider Trading

See recent insider trades of Peter M. Mavoides.

EPRT

1,137 shares

EPRT

Jan 14, 2025

Received

EPRT

$536.68K

EPRT at $31.89/share

Nov 4, 2024

Sale

EPRT

1,055 shares

EPRT

Oct 11, 2024

Received

EPRT

$911.56K

EPRT at $32.77/share

Oct 3, 2024

Sale

EPRT

$899.32K

EPRT at $32.33/share

Sep 5, 2024

Sale

EPRT

$779.71K

EPRT at $28.03/share

Aug 5, 2024

Sale

EPRT

1,158 shares

EPRT

Jul 12, 2024

Received

EPRT

$356.32K

EPRT at $28.03/share

Jul 5, 2024

Sale

EPRT

$612.69K

EPRT at $27.77/share

Jul 1, 2024

Sale

EPRT

$575.15K

EPRT at $27.56/share

Jun 17, 2024

Sale

Compensation History

See how much did Peter M. Mavoides make over time.

In 2022, Peter M. Mavoides earned a total compensation of $9.8 million, which included a base salary of $600,000 and a significant bonus based on performance metrics. His bonus payouts can reach up to 250% of his cash salary, depending on how well the company performs. This aligns with the company's pay-for-performance philosophy, ensuring that his interests are closely tied to the success of Essential Properties. In 2023, his compensation slightly dipped to $1.7 million after bonuses were tallied, reflecting the inline performance within the business environment. This is a typical structure aimed at attracting and retaining top talent while also motivating executives to drive value for shareholders.

Year

2023

Total Compensation

$701.74K

Salary

$700.00K

Board Justification

The compensation philosophy is designed to align executive pay with company performance and stockholder interests, emphasizing pay-for-performance and competitive compensation to attract and retain top talent.

Bonus

$1.72K

Board Justification

The cash bonus for 2023 was based on the weighted achievement of corporate and individual performance metrics, resulting in a payout of $1,724,000, which is 164% of the target bonus opportunity.

Other

$20.00

Board Justification

This includes matching contributions to the 401(k) plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and performance metrics for the year.

Performance Metrics

The performance metrics for 2023 included AFFO per share, gross investments, recurring cash G&A expense, same store rent growth, net debt-to-annualized adjusted EBITDAre ratio, and ESG initiatives.

Other Essential Properties Realty Trust CEOs

Here are other CEOs of Essential Properties Realty Trust

Anthony K. Dobkin

Ex-CEO of Essential Properties Realty Trust

March 2020 - January 2020