Shankh Mitra is the CEO of Welltower Inc., a company that manages healthcare real estate across various sectors, including senior housing and medical offices. He became CEO in October 2020 after a notable rise within the company, showcasing his loyalty and strategic thinking. Before this role, he served as the Chief Investment Officer, where he made key financial decisions that benefited the company's growth. Shankh has a strong educational background with an MBA from Columbia Business School and a bachelor's degree in Engineering from Jadavpur University. His approach to leadership emphasizes not just financial success but also improving environmental, social, and governance (ESG) standards within the company. In 2023, he was rewarded with a total compensation of about $17.2 million, reflecting his significant contributions and the company's strong performance. His career prior to Welltower included working at major investment firms, which helped him develop a deep understanding of real estate investments. Shankh is known for his objective-driven mindset, ensuring that Welltower preserves its competitive edge in a rapidly changing market.

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Shankh Mitra

CEO of Welltower

Education

MBA from Columbia Business School; Bachelor’s degree in Engineering from Jadavpur University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

CEO of Welltower for

4 years 6 months (Oct 2020 - Present)

Previous Experience

Vice Chair, Chief Operating Officer and Chief Investment Officer of the Company; Executive Vice President - Chief Investment Officer; Senior Vice President - Investments; Senior Vice President - Finance & Investments; Portfolio Manager, Real Estate Securities at Millennium Management; Senior Analyst at Citadel Investment Group; Fidelity Investments.

Rivals

Competitors/colleagues of Shankh Mitra

Debra A. Cafaro

CEO of Ventas

2023 Compensation

Stock

$150.00K

Salary

$900.00K

Bonus

$300.00K

Other

$50.00K

Total Holdings

$131.01M

Peter J. Bulgarelli

CEO of Ventas

2023 Compensation

Stock

$150.00K

Salary

$950.00K

Bonus

$300.00K

Other

$100.00K

Total Holdings

$8.11M

Lisa Palmer

CEO of Regency Centers

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.71M

Other

$20.22K

Total Holdings

$9.99M

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

Jerry A. Davis

CEO of UDR

2023 Compensation

Stock

$9.13M

Salary

$950.00K

Bonus

$0.00

Other

$199.43K

Total Holdings

$7.02M

Holdings

See how much did Shankh Mitra make over time.

Shankh Mitra's stock holdings in Welltower have seen impressive growth. At one point, his vested stock amounted to over $8 million in value in 2023, reflecting his significant investment in the company’s future and performance. His wealth in company shares peaked during periods of strong company performance, especially as stock metrics showed a rise in overall market value. This move highlights the trust he places in his leadership decisions and the company's direction. As of now, his equity stake includes substantial amounts across various long-term incentive plans, offering a clear alignment of his interests with those of the shareholders. With Welltower managing a healthcare portfolio valued strongly in the market, Mitra's interests directly reflect the overall company performance.

Mar 18, 2025

PSA @ $298.50

WELL @ $149.97

Charitable Transactions

WELL

3,966 shares

WELL

Recent Charitable Transactions

WELL

244 shares

WELL

Jun 24, 2024

Charity

WELL

345 shares

WELL

Dec 12, 2023

Charity

WELL

2,907 shares

WELL

Nov 2, 2023

Charity

WELL

408 shares

WELL

May 31, 2023

Charity

WELL

62 shares

WELL

Aug 9, 2018

Charity

Insider Trading

See recent insider trades of Shankh Mitra.

PSA

$33.37K

PSA at $287.65/share

Jun 30, 2024

Received

WELL

244 shares

WELL

Jun 24, 2024

Charity

PSA

$33.36K

PSA at $290.06/share

Mar 31, 2024

Received

PSA

$32.03K

PSA at $305.00/share

Dec 31, 2023

Received

WELL

345 shares

WELL

Dec 12, 2023

Charity

WELL

2,907 shares

WELL

Nov 2, 2023

Charity

PSA

$31.89K

PSA at $263.52/share

Sep 30, 2023

Received

PSA

$32.11K

PSA at $291.88/share

Jun 30, 2023

Received

WELL

408 shares

WELL

May 31, 2023

Charity

WELL

$21.24K

WELL at $60.34/share

May 31, 2023

Received

Compensation History

See how much did Shankh Mitra make over time.

In 2023, Shankh Mitra's total compensation reached approximately $17.2 million, demonstrating his role's importance in guiding Welltower's strategy. This package included a base salary of $1.2 million, a bonus of over $4 million based on performance goals, and significant stock investments that vested due to the company's strong performance. His earnings depend heavily on reaching targets linked to shareholder value and company culture, indicating that he is geared towards long-term success and sustainability. The structure of his compensation is designed to attract and maintain top talent, focusing on achieving rigorous performance goals. This aligns the CEO’s interests with those of Welltower's investors, ensuring that everyone wins when the company performs well. Mitra's compensation reflects not just the basics of salary but also potential earnings from stock options, showing the financial intimacy between his actions as CEO and the company's performance.

Year

2023

Total Compensation

$13.67M

Salary

$1.20M

Board Justification

Welltower's compensation philosophy for the CEO in 2023 is to provide competitive pay for achieving rigorous performance goals. The objective is to attract and retain top executive talent necessary for Welltower to deliver sustained high performance to its shareholders. The compensation program is designed to align pay with performance, link compensation to the achievement of short- and long-term financial and strategic goals, and align management and shareholder interests by rewarding long-term shareholder value creation.

Bonus

$4.32M

Board Justification

The bonus for Shankh Mitra in 2023 was based on achieving corporate and individual performance measures. The corporate performance measures included normalized FFO per diluted share, adjusted fixed charge coverage, G&A expense controls, and ESG measures. The individual performance measures were tailored to Mr. Mitra's role and responsibilities, focusing on advancing overall strategy, optimizing shareholder value, positioning Welltower as an ESG industry leader, and advancing organizational culture, learning, and development initiatives. The bonus payout was at 160% of the target due to exceeding performance expectations.

Other

$26.70K

Board Justification

Other compensation for Shankh Mitra in 2023 included Welltower's contribution to the 401(k) plan and executive physicals paid for by Welltower.

Restricted Stock

$8.12M(147.58K RSU)

Board Justification

The vested stock for Shankh Mitra in 2023 includes performance stock units and restricted stock units that vested based on the achievement of performance metrics and continued service. The stock vested as part of the 2021-2023 Long-Term Incentive Program, which was based on total shareholder return relative to the FTSE Nareit Equity Health Care Index and the Morgan Stanley (MSCI) US REIT Index, as well as the ratio of net debt plus preferred stock to annualized adjusted EBITDA.

Performance Metrics

The performance metrics for Shankh Mitra's compensation in 2023 included normalized FFO per diluted share, adjusted fixed charge coverage, G&A expense controls, ESG measures, and individual performance measures related to advancing overall strategy, optimizing shareholder value, positioning Welltower as an ESG industry leader, and advancing organizational culture, learning, and development initiatives.

Other Welltower CEOs

Here are other CEOs of Welltower

Thomas J. DeRosa

Ex-CEO of Welltower

April 2014 - October 2020