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Thursday, November 26, 2009, 5:54AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Essex Property Trust Inc. (ESS)On Nov 25: 78.25  Up 0.64 (0.82%)  
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Essex Property Trust Inc.
925 East Meadow Drive
Palo Alto, CA 94303
United States - Map
Phone: 650-494-3700
Fax: 650-494-8743
Web Site: http://www.essexproperties.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Residential
Full Time Employees:930

BUSINESS SUMMARY 
Essex Property Trust, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities primarily in the West Coast of the United States. It has a 90.9% general partner interest in Essex Portfolio, L.P. As of September 4, 2008, the company owned interests in 133 communities comprising 26,790 units, as well as had 1,658 units in active development. The company has elected to be taxed as a REIT and would not be subject to federal income tax on the portion of its income that is distributed to stockholders. Essex Property Trust was founded in 1971 and is headquartered in Palo Alto, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Essex Property Trust Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 7.8% of S&P 400 companies and 32.2% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Keith R. Guericke , 60
    Vice Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee and Member of Pricing Committee
    $ 830.00K $ 0
    Mr. Michael T. Dance , 52
    Chief Financial Officer and Exec. VP
    $ 605.00K $ 90.00K
    Mr. Michael J. Schall , 51
    Chief Operating Officer, Sr. Exec. VP, Director and Member of Pricing Committee
    $ 775.00K $ 0
    Mr. John D. Eudy , 54
    Exec. VP of Devel.
    $ 680.00K $ 0
    Mr. Craig K. Zimmerman , 58
    Exec. VP of Acquisitions
    $ 680.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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