Stefan Selig - Simon Property Independent Director

SPG Stock  USD 164.45  0.35  0.21%   

Director

Mr. Stefan M. Selig is a Independent Director of the Company. Prior to that Mr. Selig served as the Undersecretary of the Commerce for International Trade for the U.S. Department of Commerce from 2014 2016. Mr. Selig previously was with Bank of America Merrill Lynch from 1999 2014, ultimately serving as Executive Vice Chairman of Global Corporationrationrate and Investment Banking. Mr. Selig was referred to our Lead Independent Director by our Chairman and Chief Executive Officer. Our Lead Independent Director reviewed Mr. Selig qualifications, background and experience, and also conducted an interview before he was presented to the Governance and Nominating Committee for a series of interviews with members of the Committee as well as other independent directors. At the conclusion of the evaluations conducted at these interviews and meetings, the Governance and Nominating Committee recommended Mr. Selig appointment to the Board. The Board appointed Mr. Selig as a director in November 2017, and he is now standing for election to a full term. Mr. Selig is a highly accomplished banker and senior executive who has served in prominent leadership roles in both the private and public sectors. Mr. Selig also has extensive government and economic policy experience, having served as Undersecretary of the Commerce for International Trade for the U.S. Department of Commerce. Mr. Selig currently serves on the board of directors of Entercom Communications Corporationration and Safety, Income Growth Inc. Mr. Selig serves on our Audit Committee. The Board of Directors has determined that he is an audit committee financial expert. since 2017.
Age 58
Tenure 8 years
Address 225 West Washington Street, Indianapolis, IN, United States, 46204-3438
Phone317 636 1600
Webhttps://www.simon.com
Selig served as Undersecretary of Commerce for International Trade for the U.S. Department of Commerce fromJune 2014to June 2016. Prior to this, Mr. Selig was with Bank of America Merrill Lynch fromMarch 1999toMay 2014, ultimately serving as Executive Vice Chairman of Global Corporationrationrationrate and Investment Banking.

Stefan Selig Latest Insider Activity

Tracking and analyzing the buying and selling activities of Stefan Selig against Simon Property stock is an integral part of due diligence when investing in Simon Property. Stefan Selig insider activity provides valuable insight into whether Simon Property is net buyers or sellers over its current business cycle. Note, Simon Property insiders must abide by specific rules, including filing SEC forms every time they buy or sell Simon Property'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Simon Property Management Efficiency

The company has Return on Asset of 0.058 % which means that on every $100 spent on assets, it made $0.058 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.749 %, implying that it generated $0.749 on every 100 dollars invested. Simon Property's management efficiency ratios could be used to measure how well Simon Property manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to grow at the current pace this year. The current Return On Capital Employed is estimated to decrease to 0.06. At this time, Simon Property's Other Current Assets are most likely to decrease significantly in the upcoming years. The Simon Property's current Net Tangible Assets is estimated to increase to about 3.4 B, while Total Assets are projected to decrease to roughly 24.4 B.
Simon Property Group has 24.78 B in debt with debt to equity (D/E) ratio of 6.23, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Simon Property Group has a current ratio of 0.37, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Simon to invest in growth at high rates of return.

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Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an SP 100 company . Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. Simon Property operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 2400 people. Simon Property Group (SPG) is traded on New York Stock Exchange in USA. It is located in 225 West Washington Street, Indianapolis, IN, United States, 46204-3438 and employs 2,600 people. Simon Property is listed under Retail REITs category by Fama And French industry classification.

Management Performance

Simon Property Group Leadership Team

Elected by the shareholders, the Simon Property's board of directors comprises two types of representatives: Simon Property inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Simon. The board's role is to monitor Simon Property's management team and ensure that shareholders' interests are well served. Simon Property's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Simon Property's outside directors are responsible for providing unbiased perspectives on the board's policies.
Reuben Leibowitz, Independent Director
Marla Parr, Executive Leasing
Eli Simon, Chief Director
Glyn Aeppel, Independent Director
Larry Glasscock, Lead Independent Director
Thomas Ward, Senior Relations
Victoria Hanor, Senior Leasing
Daniel Smith, Independent Director
David Simon, Chairman of the Board, President, Chief Executive Officer
Alexander Snyder, Assistant General Counsel, Assistant Secretary
Richard Sokolov, President, COO and Director
Christine SchnaufferMansfield, Senior Outlets
John Rulli, Senior Executive Vice President Chief Administrative Officer
Marta Stewart, Independent Director
Stefan Selig, Independent Director
Pervis Bearden, Executive Malls
Karen Horn, Independent Director
Allan Hubbard, Independent Director
Susan Massela, Senior Resources
Joseph Chiappetta, Senior Officer
Steven Broadwater, Chief Accounting Officer and Sr. VP
Gary Rodkin, Independent Director
J Smith, Independent Director
Adam Reuille, Senior Vice President Chief Accounting Officer
Ali Slocum, VP PR
Herbert Simon, Chairman Emeritus
Russell Tuttle, Senior Officer
W Cole, Senior Outlets
Peggy Roe, Independent Director
Stanley Shashoua, Chief Officer
Steven Fivel, Assistant General Counsel, Assistant Secretary
Brian McDade, Chief Financial Officer, Executive Vice President, Treasurer
Lee Sterling, Chief Officer

Simon 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 Simon Property 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.

Currently Active Assets on Macroaxis

When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simon Property. If investors know Simon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simon Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
8.1
Earnings Share
7.27
Revenue Per Share
18.288
Quarterly Revenue Growth
0.036
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simon Property's market value can be influenced by many factors that don't directly affect Simon Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.