STAG - STAG Industrial, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

STAG Industrial, Inc.

One Federal Street
23rd Floor
Boston, MA 02110
United States
617-574-4777
http://www.stagindustrial.com

SectorReal Estate
IndustryREIT - Industrial
Full Time Employees73

Key Executives

NameTitlePayExercisedYear Born
Mr. Benjamin S. ButcherChairman, CEO & Pres1.75MN/A1953
Mr. William R. CrookerCFO, Exec. VP & Treasurer1.04MN/A1980
Mr. Stephen C. MeckeExec. VP & COO1.14MN/A1962
Mr. Jeffrey M. SullivanExec. VP, Gen. Counsel & Sec.733.07kN/A1969
Mr. David G. KingExec. VP & Director of Real Estate Operations692.93kN/A1968
Amounts are as of December 31, 2018 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

STAG Industrial, Inc. (the “Company”) is an industrial real estate operating company focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. The Company was formed as a Maryland corporation and has elected to be treated and intends to continue to qualify as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended. The Company is structured as an umbrella partnership REIT, commonly called an UPREIT, and owns substantially all of its assets and conducts substantially all of its business through its operating partnership, STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”). As of June 30, 2019 and December 31, 2018, the Company owned a 97.0% and 96.5%, respectively, common equity interest in the Operating Partnership. The Company, through its wholly owned subsidiary, is the sole general partner of the Operating Partnership. As used herein, the “Company” refers to STAG Industrial, Inc. and its consolidated subsidiaries and partnerships, including the Operating Partnership, except where context otherwise requires. As of June 30, 2019, the Company owned 409 buildings in 38 states with approximately 81.2 million rentable square feet, consisting of 341 warehouse/distribution buildings, 59 light manufacturing buildings, and nine flex/office buildings. The Company's buildings were approximately 95.0% leased to 367 tenants as of June 30, 2019.

Corporate Governance

STAG Industrial, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 5; 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.