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Lexington Realty Trust (LXP)


NYSE - NYSE Delayed Price. Currency in USD
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10.16-0.05 (-0.49%)
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Lexington Realty Trust

One Penn Plaza
Suite 4015
New York, NY 10119
United States
212-692-7200
http://www.lxp.com

SectorFinancial
IndustryREIT - Diversified
Full Time Employees59

Key Executives

NameTitlePayExercisedAge
Mr. T. Wilson EglinChief Exec. Officer, Pres and Trustee1.89M466.98k52
Mr. Patrick CarrollChief Financial Officer, Exec. VP and Treasurer1.08M268.72k53
Mr. Joseph S. BonventreExec. VP, Gen. Counsel and Sec.800.16kN/A41
Ms. Beth BoulericeChief Accounting Officer and Exec. VPN/AN/A52
Ms. Heather T. GentrySr. VP of Investor RelationsN/AN/AN/A
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

Lexington Realty Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. It also provides investment advisory and asset management services to institutional investors in the net lease area. As of June 30, 2005, the company operated 185 properties and managed 2 properties. Lexington Realty Trust has elected to qualify as a REIT for federal income tax purposes. As a REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. The company was founded in 1991 and is based in New York City.

Corporate Governance

Lexington Realty Trust’s ISS Governance QualityScore as of July 1, 2017 is 3. The pillar scores are Audit: 10; Board: 3; Shareholder Rights: 5; Compensation: 1.

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.