Simon Property Group, Inc. (SPG)

170.78 +2.95 (+1.76%) At close: 04:00PM EDT

Simon Property Group, Inc.

225 West Washington Street
Indianapolis, IN 46204-3438
United States
317 636 1600
https://www.simon.com

Sector(s): Real Estate
Industry: REIT - Retail
Full Time Employees: 2,500

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David E. Simon	Chairman, CEO & President	5.56M	N/A	1962
Mr. Brian J. McDade	Executive VP & CFO	1.56M	N/A	1979
Mr. Adam J. Reuille	Senior VP & Chief Accounting Officer	686.98k	N/A	1975
Mr. John Rulli	Chief Administrative Officer	1.59M	N/A	1956
Mr. Steven E. Fivel	General Counsel & Secretary	1.59M	N/A	1961
Mr. Steven K. Broadwater	Senior Vice President of Financial Reporting & Operations	N/A	N/A	1967
Mr. Stanley Shashoua	Chief Investment Officer	N/A	N/A	1971
Joseph W. Chiappetta	Senior VP of Business Solutions & Chief Technology Officer	N/A	N/A	N/A
Mr. Thomas Ward	Senior Vice President of Investor Relations	N/A	N/A	1969
Lee Sterling	Chief Marketing Officer	N/A	N/A	N/A

Amounts are as of December 31, 2023 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

Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (“REIT”). Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets. In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries. We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. At June 30, 2024, we owned or had an interest in 230 properties comprising 183 million square feet in North America, Asia and Europe. We also owned an 84% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia. Additionally, at June 30, 2024, we had a 22.4% ownership interest in Klépierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries.

Corporate Governance

Simon Property Group, Inc.’s ISS Governance QualityScore as of October 1, 2024 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 10; 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 a 10 indicates higher governance risk.