Thomas Heneghan was the CEO of Equity Lifestyle Properties (ELS) from 2008 until early 2013. Over his tenure, he made notable impacts in the real estate sector, specifically in manufactured home communities and recreational vehicle resorts. By 2011, under his...
Thomas Heneghan was the CEO of Equity Lifestyle Properties (ELS) from 2008 until early 2013. Over his tenure, he made notable impacts in the real estate sector, specifically in manufactured home communities and recreational vehicle resorts. By 2011, under his leadership, Heneghan's total compensation was reported at approximately $2.1 million, showcasing a substantial mix of salary and stock awards, which highlights the company's performance-based pay structure. He had a unique way of linking his salary with company success, earning a sizeable annual bonus of around $650,000 in 2011 based on hitting operational targets. Interestingly, as of 2011, he owned 171,978 shares of ELS stock, greatly exceeding his minimum ownership requirement by 33 times his salary. Heneghan also had a noteworthy history of insider trading activities, where his stock holdings fluctuated significantly, peaking at $49.07 million in early 2020 before experiencing some declines. His leadership style emphasized transparency and shareholder alignment, while his background in real estate enriched his strategic decisions for the company.