Thursday, August 29, 2019

Houston, Texas-Based Multi-Family Apartment Community REIT Camden Property Trust's Top-Tier Executives Average Pay Raise Was an Exceptionally Clean, Robust 10.4% Per Year During the Past Ten Years (2009-2018)

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The 43rd Texas Non-Oil & Gas Company I am addressing here is Camden Property Trust, a Tax-Free Real Estate Investment Trust.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart at the bottom below shows Camden Property Trust's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years.
  
Camden Property Trust's Top-Tier Executives Average Pay Raise was an exceptionally clean, robust 10.4%
 per year for the past ten years, which is the 35th highest of the 43 large Texas Non-Oil & Gas Companies I have addressed so far.
  1. Copart +183.2% per year for the past ten years
  2. Q2 Holdings +180.3% per year for the past five years
  3. SolarWinds +114.4% per year for seven of the past ten years
  4. Nexstar Media Group +102.9% per year for the past ten years
  5. Reata Pharmaceuticals +99.5% per year for the past four years
  6. American Airlines Group +85.9% per year for nine of the past ten years
  7. Helen of Troy +84.4% per year for the past ten years
  8. Invitation Homes +78.6% per year for the past two years
  9. Tyler Technologies +61.2% per year for the past ten years
  10. Wingstop +54.2% per year for the past four years
  11. Builders FirstSource +50.9% per year for the past ten years
  12. Vistra Energy +50.6% in the past year 
  13. Rackspace Holdings +50.2% per year for seven of the past ten years
  14. LyondellBasell +45.9% per year for the past eight years
  15. RealPage +29.2% per year for the past nine years
  16. Celanese +27.8% per year for the last ten years
  17. National Instruments +25.5% per year for the last ten years
  18. Yum China Holdings +23.8% per year for the past 5 years
  19. D R Horton +20.1% per year for the past ten years
  20. Dell Technologies +18.8% per year for seven of the past ten years
  21. Sysco +18.7% per year for the past ten years
  22. Waste Connections +18.1% per year for the past ten years
  23. Cirrus Logic +18.0% per year for the past ten years
  24. Southwest Airlines +18.0% per year for the past ten years
  25. Sabre Corp +17.7% per year for the past five years
  26. Huntsman Corp +17.3% per year for the past ten years
  27. Westlake Chemical +16.1% per year for the past ten years
  28. El Paso Electric Co +15.5% per year for the past ten years
  29. American Campus Communities REIT +15.4% per year for the past ten years
  30. Atmos Energy +14.4% per year for the past ten years
  31. AT&T +13.8% per year for the past ten years
  32. Waste Management +13.2% per year for the past ten years
  33. Match Group +12.2% per year for the past six years
  34. Service Corp International +10.8% per year for the past ten years
  35. Camden Property Trust +10.4% per year for the past ten years
  36. Tenet Healthcare +10.3% per year for the past ten years
  37. Jacobs Engineering Group +8.7% per year for the past ten years
  38. Texas Instruments +7.2% per year for the past ten years
  39. Cullen/Frost Bankers +6.9% per year for the past ten years
  40. Crown Castle International +6.3% per year for the past ten years
  41. Kimberly-Clark +5.8% per year for the past ten years
  42. CenterPoint Energy +5.8% per year for the past ten years
  43. Lennox international +5.4% per year for the past ten years


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Camden Property Trust 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Campo CEO       4,010       3,845       3,845       4,271       4,271       3,627       3,627       3,817       3,817       3,921
Oden President       4,010       3,845       3,845       4,271       4,271       3,627       3,627       3,817       3,817       3,921
Stewart COO       2,852       2,615       2,615       2,842       2,842       2,242       2,242       2,700       2,700       3,116
Jessett CFO       2,251       1,887       1,887       1,887       1,887       1,422       1,422       1,543       1,543       1,272
Sengelmann EVP Real Estate Investments       1,980       1,823       1,823       1,925       1,925       1,475       1,475       1,614       1,614       1,553
 Totals      15,103     14,015     14,015     15,196     15,196     12,393     12,393     13,491     13,491     13,783
Annual % Change vs Prior Year 7.8% -7.8% 22.6% -8.1% -2.1%
5 Year Average Per Year % Change 2.5%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Camden Property Trust 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Campo CEO       3,921       4,183       4,183       3,893       3,893       3,107       3,107       1,867       1,867       1,603
Oden President       3,921       4,183       4,183       3,893       3,893       3,107       3,107       1,865       1,865       1,603
Stewart COO       3,116       2,807       2,807       3,195       3,195       2,117       2,117       1,468       1,468       1,664
Jessett CFO       1,272       1,091       1,091          973              913          893          893          778
Sengelmann EVP Real Estate Investments       1,553       1,401       1,401       1,065       1,065          784
Steen Former CFO  N/A   N/A        1,600       1,452       1,452       1,631       1,631       1,359       1,359       1,452
Scharringhausen SVP Human Resources       1,185          646          646          574    
Eddington Former SVP Operations       1,617          959
 Totals      13,783     13,665     15,265     14,471     14,683     11,392     11,521       8,026       9,069       8,059
Annual % Change vs Prior Year 0.9% 5.5% 28.9% 43.5% 12.5%
5 Year Average Per Year % Change 18.3%
10 Year Average Per Year % Change 10.4%