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Saturday, November 28, 2009, 6:00AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Simon Property Group Inc. (SPG)On Nov 27: 69.73  Down 2.49 (3.45%)  
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Simon Property Group Inc.
225 West Washington Street
Indianapolis, IN 46204
United States - Map
Phone: 317-636-1600
Fax: 317-685-7222
Web Site: http://www.simon.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Retail
Full Time Employees:3,500

BUSINESS SUMMARY 
Simon Property Group, Inc., a real estate investment trust (REIT), engages in the ownership, development, and management of retail real estate properties. Its real estate properties consist primarily of regional malls, Premium Outlet centers, The Mills, and community/lifestyle centers. As of December 31, 2007, the company owned or held an interest in 320 income-producing properties in the United States, which consisted of 168 regional malls, 38 Premium Outlet centers, 67 community/lifestyle centers, 37 properties acquired in the Mills acquisition, and 10 other shopping centers or outlet centers in 41 states and Puerto Rico. The company also owns interests in 4 parcels of land held for future development in the United States; 51 European shopping centers located in France, Italy, and Poland; 6 Premium Outlet centers in Japan; 1 Premium Outlet center in Mexico; and 1 Premium Outlet center in South Korea. Simon Property Group, through a joint venture arrangement, owns a 32.5% interest in five shopping centers, which are under development in China. As a REIT, the company would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Simon Property Group was founded in 1960 and is headquartered in Indianapolis, Indiana.
Key Statistics

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    CORPORATE GOVERNANCE 
    Simon Property Group Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 30.3% of S&P 500 companies and 81.5% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. David E. Simon , 47
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 1.81M $ 1.71M
    Mr. Richard S. Sokolov , 59
    Pres, Chief Operating Officer, Director and Member of Exec. Committee
    $ 1.37M $ 0
    Mr. Stephen E. Sterrett , 53
    Chief Financial Officer and Exec. VP
    $ 745.00K $ 0
    Mr. Gary L. Lewis , 50
    Sr. Exec. VP and Pres of Leasing
    $ 750.00K $ 0
    Mr. James M. Barkley , 57
    Sec. and Gen. Counsel
    $ 860.00K $ 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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