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Tanger Factory Outlet Centers Inc. (SKT)

8:01AM AEST: 37.53 USD  Up 0.18 (0.48%)  
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Tanger Factory Outlet Centers Inc.
3200 Northline Avenue
Suite 360
Greensboro, NC 27408
Phone: 336-292-3010
Fax: 336-852-2096
Web Site: http://www.tangeroutlet.com

 DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Retail
Employees (last reported count):207

 REUTERS ABRIDGED BUSINESS SUMMARY 
Tanger Factory Outlet Centers, Inc. operates as a real estate investment trust (REIT). The company, through its subsidiary, Tanger Properties Limited Partnership, engages in acquiring, developing, owning, operating, and managing factory outlet shopping centers. As of September 30, 2005, Tanger owned and operated 33 factory outlet centers in 22 states totaling 8.7 million square feet of gross leasable area. It also provides development, leasing, and management services for its outlet centers. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to Federal income taxes provided it distributes at least 90% of its taxable income to its shareholders. Tanger Factory Outlet Centers was founded by Stanley K. Tanger in 1981. The company is headquartered in Greensboro, North Carolina.
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     OFFICERS 
     PayExercised
    Mr. Steven B. Tanger , 61
    Chief Exec. Officer, Pres
    $ 1.19M $ 1.57M
    Mr. Stanley K. Tanger , 86
    Founder
    $ 1.55M $ 144.00K
    Mr. Frank C. Marchisello Jr., 51
    Chief Financial Officer, Chief Accounting Officer, Exec. VP and Sec.
    $ 774.00K $ 0
    Ms. Lisa J. Morrison , 50
    Sr. VP of Leasing
    $ 438.00K $ 78.00K
    Mr. Kevin M. Dillon , 51
    Sr. VP of Construction & Devel.
    N/A N/A
    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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