Steven Grimes - Retail Properties Chief Executive Officer, Director
CEO
Mr. Steven P. Grimes is Chief Executive Officer, Director of the Company. He has served as Chief Executive Officer of the Company since 2009 and as a Director since 2011. Previously, Mr. Grimes was President of the Company from October 2009 to May 2018 Chief Financial Officer of the Company since the internalization of our management in November 2007 to December 2011 Chief Operating Officer of the Company from November 2007 to October 2009 and Treasurer of the Company from October 2008 to December 2011. From February 2004 to November 2007, Mr. Grimes served as Principal Financial Officer and Treasurer and Chief Financial Officer of Inland Western Retail Real Estate Advisory Services, Inc., our former business manageradvisor. Previously, Mr. Grimes served as a Director with Cohen Financial, a mortgage brokerage firm, and as a senior manager with Deloitte Touche LLP in their Chicagobased real estate practice where he was a national deputy real estate industry leader. Mr. Grimes is an active member of various real estate trade associations, including NAREIT, ICSC and The Real Estate Roundtable since 2018.
| Age | 53 |
| Tenure | 7 years |
| Phone | 630 634-4200 |
| Web | www.rpai.com |
Steven Grimes Latest Insider Activity
Tracking and analyzing the buying and selling activities of Steven Grimes against Retail Properties stock is an integral part of due diligence when investing in Retail Properties. Steven Grimes insider activity provides valuable insight into whether Retail Properties is net buyers or sellers over its current business cycle. Note, Retail Properties insiders must abide by specific rules, including filing SEC forms every time they buy or sell Retail Properties'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Steven Grimes over three months ago Disposition of 27250 shares by Steven Grimes of Kite Realty at 27.99 subject to Rule 16b-3 | ||
Steven Grimes over six months ago Disposition of 37295 shares by Steven Grimes of Kite Realty at 26.8 subject to Rule 16b-3 | ||
Steven Grimes over six months ago Disposition of 12946 shares by Steven Grimes of Kite Realty at 22.35 subject to Rule 16b-3 | ||
Steven Grimes over six months ago Acquisition by Steven Grimes of 6494 shares of Kite Realty subject to Rule 16b-3 |
Retail Properties Management Efficiency
The company has return on total asset (ROA) of 1.85 % which means that it generated a profit of $1.85 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.24 %, meaning that it created $1.24 on every $100 dollars invested by stockholders. Retail Properties' management efficiency ratios could be used to measure how well Retail Properties manages its routine affairs as well as how well it operates its assets and liabilities.Retail Properties currently holds 1.85 B in liabilities with Debt to Equity (D/E) ratio of 1.17, which is about average as compared to similar companies. Retail Properties has a current ratio of 1.85, which is within standard range for the sector. Note, when we think about Retail Properties' use of debt, we should always consider it together with its cash and equity.
Similar Executives
| Found 2 records | CEO Age | ||
| William Hendricks | Patterson UTI Energy | 60 | |
| Steven Lawrence | Academy Sports Outdoors | 57 | |
Management Performance
| Return On Equity | 1.24 | |||
| Return On Asset | 1.85 |
Retail Properties Leadership Team
Elected by the shareholders, the Retail Properties' board of directors comprises two types of representatives: Retail Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Retail. The board's role is to monitor Retail Properties' management team and ensure that shareholders' interests are well served. Retail Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Retail Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Sargeant, Independent Director | ||
| Julie Swinehart, Chief Financial Officer, Executive Vice President, Treasurer | ||
| Peter Lynch, Independent Director | ||
| Richard Imperiale, Independent Director | ||
| Steven Grimes, Chief Executive Officer, Director | ||
| Frank Catalano, Independent Director | ||
| Robert Gifford, Independent Director | ||
| Bonnie Biumi, Independent Director | ||
| Gerald Gorski, Independent Chairman of the Board | ||
| Shane Garrison, COO, Chief Investment Officer and Executive VP |
Retail Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Retail Properties a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 1.24 | |||
| Return On Asset | 1.85 | |||
| Profit Margin | 4.32 % | |||
| Operating Margin | 58.56 % | |||
| Current Valuation | 4.48 B | |||
| Shares Outstanding | 214.73 M | |||
| Shares Owned By Insiders | 1.01 % | |||
| Shares Owned By Institutions | 92.93 % | |||
| Number Of Shares Shorted | 3.8 M | |||
| Price To Earning | 171.49 X |
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Retail Stock
If you are still planning to invest in Retail Properties check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Retail Properties' history and understand the potential risks before investing.
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