Seritage Growth Properties (SRG)

9.18 +0.04 (+0.44%) At close: 04:00PM EST

Seritage Growth Properties

500 Fifth Avenue
Suite 1530
New York, NY 10110-1502
United States
212 355 7800
https://www.seritage.com

Sector(s): Real Estate
Industry: REIT - Retail
Full-time employees: 32

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Andrea L. Olshan	CEO, President & Director	2.41M	N/A	1980
Mr. John Andrew Garilli	Interim Chief Financial Officer	N/A	N/A	1965
Mr. Eric Dinenberg	Chief Operating Officer	1.09M	N/A	1983
Mr. Matthew E. Fernand	Chief Legal Officer & Corporate Secretary	1.15M	N/A	1977
Mr. Christopher Mrozinski	Senior Vice President of Development	N/A	N/A	N/A
Mr. Nino Cammalleri	Senior VP & Real Estate Counsel	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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

Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of retail and mixed-use properties throughout the United States. As of September 30, 2023, the Company's portfolio consisted of interests in 42 properties comprised of approximately 5.6 million square feet of gross leasable area ("GLA") or build-to-suit leased area, approximately 126 acres held for or under development and approximately 2.9 million square feet or approximately 259 acres to be disposed of. The portfolio consists of approximately 4.3 million square feet of GLA held by 33 wholly owned properties (such properties, the "Consolidated Properties") and 1.2 million square feet of GLA held by 9 unconsolidated entities (such properties, the "Unconsolidated Properties").

Corporate governance

Seritage Growth Properties’s ISS governance QualityScore as of 1 December 2023 is 9. The pillar scores are Audit: 9; Board: 5; Shareholder rights: 7; Compensation: 10.

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.