Federal Realty Investment Trust (FRT)

99.77 +1.24 (+1.26%) At close: 04:00PM EDT

Federal Realty Investment Trust

909 Rose Avenue
Suite 200
North Bethesda, MD 20852-4041
United States
301 998 8100
https://www.federalrealty.com

Sector(s): Real Estate
Industry: REIT - Retail
Full-time employees: 297

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Donald C. Wood CPA	CEO & Director	2.44M	N/A	1961
Mr. Jeffrey S. Berkes	President & COO	1.43M	N/A	1964
Mr. Daniel Guglielmone	Executive VP, CFO & Treasurer	1.46M	N/A	1967
Ms. Dawn M. Becker	Executive VP, General Counsel & Secretary	1.13M	N/A	1964
Mr. Jan W. Sweetnam	Executive VP & Chief Investment Officer	N/A	N/A	1960
Ms. Melissa Solis	Chief Accounting Officer & Senior VP	N/A	N/A	1978
Mr. Porter Bellew	Chief Information Officer & VP	N/A	N/A	N/A
Ms. Leah Andress Brady	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Michael Ennes	Senior Vice President of Mixed-Use Initiatives & Corporate Communications	N/A	N/A	N/A
Ms. Laura Houser	Vice President of Human Resources	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 102 properties include approximately 3,300 tenants, in 26 million commercial square feet, and approximately 3,100 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 56 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT.

Corporate governance

Federal Realty Investment Trust’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 8; Compensation: 2.

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 10 indicates higher governance risk.