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Pennsylvania Real Estate Investment Trust (PEI)

NYSE - Nasdaq Real Time Price. Currency in USD
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1.0850-0.0550 (-4.82%)
As of 3:07PM EST. Market open.

Pennsylvania Real Estate Investment Trust

2005 Market Street
Suite 1000
Philadelphia, PA 19103
United States
215-875-0700
http://www.preit.com

Sector(s)Real Estate
IndustryREIT—Retail
Full Time Employees233

Key Executives

NameTitlePayExercisedYear Born
Mr. Joseph F. CoradinoChairman & CEO2.16MN/A1952
Mr. Mario C. Ventresca Jr.Exec. VP & CFO771.17kN/A1967
Mr. Andrew M. IoannouExec. VP of Fin. & Acquisitions613.4kN/A1975
Mr. Joseph J. AristoneExec. VP of Leasing641.2kN/A1966
Mr. Rudolph Alberts Jr.Sr. VP of OperationsN/AN/AN/A
Ms. Lisa M. MostExec. VP, Gen. Counsel, Chief Compliance Officer & Sec.N/AN/A1970
Ms. Heather CrowellExec. VP of Strategy & CommunicationsN/AN/A1979
Mr. Daniel M. HermanSr. VP of Devel.N/AN/AN/A
Debi GilsonRegional Marketing Director of East Region PropertiesN/AN/AN/A
Mr. Michael RakersGen. Mang. of Springfield MallN/AN/AN/A
Amounts are as of December 31, 2019 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

PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the densely-populated eastern U.S. with concentrations in the mid-Atlantic's top MSAs. Since 2012, the Company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures. On November 1, 2020, Pennsylvania Real Estate Investment Trust filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Corporate Governance

Pennsylvania Real Estate Investment Trust’s ISS Governance QualityScore as of November 1, 2019 is 5. The pillar scores are Audit: 5; Board: 6; Shareholder Rights: 3; Compensation: 5.

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.