David B. Henry has been a key figure in the real estate industry for decades. He stepped into the role of CEO at Kimco Realty in 2009 after years of experience, including as Chief Investment Officer at G.E. Capital Real...

David B. Henry has been a key figure in the real estate industry for decades. He stepped into the role of CEO at Kimco Realty in 2009 after years of experience, including as Chief Investment Officer at G.E. Capital Real Estate. Under his leadership, Kimco Realty focused heavily on retail shopping centers, demonstrating a commitment to long-term performance and growth in a challenging economic environment. David is also known for his substantial insider trading activities, with transactions peaking at over $11 million in late 2019. His compensation reflects the high stakes of his work, with a total compensation of nearly $9 million in 2016, which included significant bonuses tied to company performance metrics. David's career is marked not just by his titles and compensation, but by his strategic leadership in guiding Kimco through market changes and maintaining profitability. He has influenced the direction of the company in a competitive space, making him a noteworthy figure in real estate today.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Kimco Realty CEOs

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David B. Henry

Ex-CEO of Kimco Realty

Education

Not specified

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

November 3, 1949 - 75 years ago

CEO of Kimco Realty for

6 years 0 months (Dec 2009 - Jan 2016)

Previous Experience

Vice Chairman and Chief Investment Officer of Kimco Realty Corp.

Rivals

Competitors/colleagues of David B. Henry

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Steven P. Grimes

CEO of Kite Realty Group

2023 Compensation

Stock

$6.54M

Salary

$950.00K

Bonus

$2.85M

Other

$36.33K

Total Holdings

$16.22M

R

Lisa Palmer

CEO of Regency Centers

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.71M

Other

$20.22K

Total Holdings

$9.99M

R

John P. Case

CEO of Realty Income

2023 Compensation

Stock

$7.40M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$9.09M

B

James M. Taylor Jr.

CEO of Brixmor Property Group

2023 Compensation

Stock

$6.59M

Salary

$1.10M

Bonus

$2.43M

Other

$36.11K

Total Holdings

$29.52M

R

Sumit Roy

CEO of Realty Income

2023 Compensation

Stock

$5.96M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$23.97M

Holdings

See how much did David B. Henry make over time.

David B. Henry’s holdings reflect his strong belief in Kimco Realty's long-term growth prospects. Over the years, he has actively traded significant amounts of stock, with transactions that reached as high as $11.18 million in late 2019. His trading activities...

David B. Henry’s holdings reflect his strong belief in Kimco Realty's long-term growth prospects. Over the years, he has actively traded significant amounts of stock, with transactions that reached as high as $11.18 million in late 2019. His trading activities have shown fluctuations, with values dropping to around $5 million during lows, but maintaining a substantial portfolio overall. His holdings likely signify confidence in the company’s direction and the retail market’s recovery. While the specifics of his stock positions may change frequently, the general pattern indicates a deep-rooted commitment to the future of Kimco Realty, especially after years of steering the company through various market conditions, including economic downturns. Overall, David's substantial holdings underscore his status as a major player in the real estate investment community.

Total Stock Sold

$4.60M

KIM

$4.60M

193,600 KIM shares

What if they kept their stock?

If David B. Henry didn't sell their stock, today they would have:
Extra KIM193,600 shares worth $2.77M.
This is -39.77% and $1.83M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of David B. Henry.

KIM

31,494 shares

KIM

Feb 13, 2015

Received

KIM

$1.05M

KIM at $24.00/share

Oct 24, 2014

Sale

KIM

20,390 shares

KIM

Feb 13, 2014

Received

KIM

$3.57M

KIM at $23.80/share

May 1, 2013

Sale

KIM

13,750 shares

KIM

Feb 13, 2013

Received

KIM

48,631 shares

KIM

Feb 16, 2012

Received

KIM

75,000 shares

KIM

Apr 4, 2011

Received

KIM

51,480 shares

KIM

Feb 17, 2011

Received

KIM

$55.06K

KIM at $14.66/share

Dec 31, 2010

Received

KIM

$32.95K

KIM at $13.53/share

Dec 31, 2009

Received

Compensation History

See how much did David B. Henry make over time.

In 2016, David B. Henry's total compensation topped $9 million, which included a base salary of $850,000 and a substantial bonus of over $1.2 million. His bonuses were largely tied to the company's performance, which emphasizes the alignment between his pay and the operational success of Kimco. This structure incentivizes long-term growth, as evidenced by the company’s focus on reliable metrics such as funds from operations (FFO) and adjusted EBITDA. Even in previous years, such as 2015, his compensation reflected a consistent effort to reward performance effectively. David's compensation package, which has included restricted stock grants and various benefits, indicates a strategy emphasizing retention and motivation for leadership roles within the company. Overall, his compensation details paint a picture of a CEO committed to achieving and exceeding corporate goals.

Year

2016

Total Compensation

$2.11M

Salary

$850.00K

Board Justification

The compensation philosophy emphasizes long-term performance and aligns executive compensation with the Company’s and individual’s performance.

Bonus

$1.22M

Board Justification

The total 2016 bonus was determined by adding the corporate/financial performance bonus and the individual performance bonus together, resulting in approximately 122% of the 2016 target bonus.

Other

$36.75K

Board Justification

Includes various benefits such as car allowance and long-term care benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2016 for David B. Henry.

Performance Metrics

The performance metrics include funds from operations (FFO), adjusted EBITDA, and leverage ratios.

Other Kimco Realty CEOs

Here are other CEOs of Kimco Realty

Conor C. Flynn

CEO of Kimco Realty

January 2016 - Present