Agree Realty: Pay

Agree Realty paid its 5 named executives $18.7M in total in FY2025 (Dec). CEO Joel Agree was paid $11.0M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Joel AgreePresident and Chief Executive Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Nicole WitteveenChief Operating Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Peter CoughenourChief Financial Officer, Secretary
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Craig ErlichChief Growth Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Danielle SpeharGeneral Counsel
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 2 peers with pay on file was $7.8M. The CEO of Agree Realty was paid $8.4M, 7% above the median.

  1. 1NNN Reit
  2. 2Agree Realty
  3. 3Eastgroup Properties
  4. 4Acadia Realty TrustNot disclosed
  5. 5Broadstone Net LeaseNot disclosed
  6. 6Epr PropertiesNot disclosed
  7. 7Essential Properties Realty TrustNot disclosed
  8. 8Kite Realty Group TrustNot disclosed
  9. 9LXP Industrial TrustNot disclosed
  10. 10Retail Opportunity Investments Corp.Not disclosed
  11. 11Rexford Industrial RealtyNot disclosed
  12. 12SITE Centers Corp.Not disclosed
  13. 13STAG IndustrialNot disclosed
  14. 14Spirit Realty Capital, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.