Benjamin S.  Butcher net worth and biography

Benjamin Butcher Biography and Net Worth

Mr. Butcher has served as our Chief Executive Officer, President and Chairman of the Board of Directors since July 2010. Prior to the formation of our company, Mr. Butcher oversaw the growth of our predecessor business, serving as a member of the Board of Managers of STAG Capital Partners, LLC, STAG Capital Partners III, LLC, and their affiliates from 2003 to 2011. From 1999 to 2003, Mr. Butcher was engaged as a Private Equity Investor in real estate and technology. From 1997 to 1998, Mr. Butcher served as a Director at Credit Suisse First Boston, where he sourced and executed transactions for the principal transactions group (real estate debt and equity). Prior to that, he served as a Director at Nomura Asset Capital from 1993 to 1997, where he focused on marketing and business development for its commercial mortgage-backed securities group. Mr. Butcher serves as a member of the board of trustees and a member of the audit committee and compensation committee of Washington Real Estate Investment Trust (NYSE:WRE), an owner of office, multi-family and retail properties in the greater Washington, D.C. metropolitan area. Mr. Butcher holds a Bachelor of Arts degree from Bowdoin College and a Master of Business Administration degree from the Tuck School of Business at Dartmouth.

What is Benjamin S. Butcher's net worth?

The estimated net worth of Benjamin S. Butcher is at least $611,154.72 as of November 27th, 2023. Mr. Butcher owns 17,148 shares of STAG Industrial stock worth more than $611,155 as of April 23rd. This net worth evaluation does not reflect any other investments that Mr. Butcher may own. Additionally, Mr. Butcher receives an annual salary of $27,500.00 as CEO at STAG Industrial. Learn More about Benjamin S. Butcher's net worth.

How old is Benjamin S. Butcher?

Mr. Butcher is currently 71 years old. There are 6 older executives and no younger executives at STAG Industrial. Learn More on Benjamin S. Butcher's age.

What is Benjamin S. Butcher's salary?

As the CEO of STAG Industrial, Inc., Mr. Butcher earns $27,500.00 per year. There are 5 executives that earn more than Mr. Butcher. The highest earning executive at STAG Industrial is Mr. William R. Crooker, CEO, President & Director, who commands a salary of $1,890,000.00 per year. Learn More on Benjamin S. Butcher's salary.

How do I contact Benjamin S. Butcher?

The corporate mailing address for Mr. Butcher and other STAG Industrial executives is ONE FEDERAL STREET 23RD FLOOR, BOSTON MA, 02110. STAG Industrial can also be reached via phone at (617) 574-4777 and via email at [email protected]. Learn More on Benjamin S. Butcher's contact information.

Has Benjamin S. Butcher been buying or selling shares of STAG Industrial?

Benjamin S. Butcher has not been actively trading shares of STAG Industrial within the last three months. Learn More on Benjamin S. Butcher's trading history.

Who are STAG Industrial's active insiders?

STAG Industrial's insider roster includes Benjamin Butcher (CEO), Virgis Colbert (Director), William Crooker (CEO), Stephen Mecke (COO), Jaclyn Paul (CAO), and Jeffrey Sullivan (EVP). Learn More on STAG Industrial's active insiders.

Are insiders buying or selling shares of STAG Industrial?

During the last twelve months, insiders at the real estate investment trust sold shares 7 times. They sold a total of 124,260 shares worth more than $4,655,389.70. The most recent insider tranaction occured on December, 21st when CAO Jaclyn Paul sold 12,900 shares worth more than $497,553.00. Insiders at STAG Industrial own 1.1% of the company. Learn More about insider trades at STAG Industrial.

Information on this page was last updated on 12/21/2023.

Benjamin S. Butcher Insider Trading History at STAG Industrial

See Full Table

Benjamin S. Butcher Buying and Selling Activity at STAG Industrial

This chart shows Benjamin S. Butcher's buying and selling at STAG Industrial by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

STAG Industrial Company Overview

STAG Industrial logo
We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets. We are organized and conduct our operations to maintain our qualification as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), and generally are not subject to federal income tax to the extent we currently distribute our income to our stockholders and maintain our qualification as a REIT. We remain subject to state and local taxes on our income and property and to U.S. federal income and excise taxes on our undistributed income. As of December 31, 2023, we owned 569 buildings in 41 states with approximately 112.3 million rentable square feet, consisting of 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five Value Add Portfolio buildings. In addition, as of December 31, 2023, we had six development projects (which are not included in the building count noted above). While the majority of our portfolio consists of single-tenant properties, we also own a growing number of multi-tenant properties. As of December 31, 2023, our buildings were approximately 98.2% leased, with no single tenant accounting for more than approximately 2.9% of our total annualized base rental revenue and no single industry accounting for more than approximately 11.0% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant or industry. As of December 31, 2023, our Operating Portfolio was approximately 98.4% leased. SL Rent Change on new and renewal leases together grew approximately 44.0% and 24.3% during the years ended December 31, 2023 and 2022, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 31.0% and 14.3% during the years ended December 31, 2023 and 2022, respectively. We have fully integrated acquisition, leasing and operations platforms led by a senior management team with decades of industrial real estate experience. Our mission is to deliver attractive long-term stockholder returns in all market environments by growing cash flow through disciplined investment in high-quality real estate while maintaining a strong balance sheet.
Read More

Today's Range

Now: $35.63
Low: $35.25
High: $35.73

50 Day Range

MA: $37.49
Low: $34.37
High: $39.11

2 Week Range

Now: $35.63
Low: $31.69
High: $39.61

Volume

378,239 shs

Average Volume

1,121,860 shs

Market Capitalization

$6.48 billion

P/E Ratio

32.99

Dividend Yield

4.24%

Beta

1.02