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Essex Property Trust, Inc. (ESS)

NYSE - NYSE Delayed Price. Currency in USD
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267.14+5.69 (+2.18%)
At close: 4:00PM EDT
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Essex Property Trust, Inc.

1100 Park Place
Suite 200
San Mateo, CA 94403
United States
650-655-7800
http://www.essexpropertytrust.com

SectorFinancial
IndustryREIT - Residential
Full Time Employees1,799

Key Executives

NameTitlePayExercisedAge
Mr. George M. MarcusFounder and Chairman47.6kN/A76
Mr. Michael J. Schall CPAChief Exec. Officer, Pres and Director1.72M911.62k59
Ms. Angela L. KleimanChief Financial Officer and Exec. VP941.53k174.22k46
Mr. John D. EudyCo-Chief Investment Officer and Exec. VP of Devel.1.01MN/A62
Mr. Craig K. ZimmermanCo-Chief Investment Officer and Exec. VP of Acquisitions1MN/A66
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. As of March 31, 2012, the company owned or had interests in 158 apartment communities; and 5 commercial buildings, as well as 5 development projects. Its communities are located in Los Angeles, Orange, Riverside, San Diego, Santa Barbara, and Ventura counties in southern California; and the San Francisco Bay area in northern California, as well as in the Seattle metropolitan area. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Essex Property Trust, Inc. was founded in 1971 and is headquartered in Palo Alto, California.

Corporate Governance

Essex Property Trust, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.