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Richard J. Campo

Chairman of the Board and CEO at CAMDEN PROPERTY TRUST
Board
Since May 1993
Age
69 years
Education
Holds a Bachelor's Degree in Accounting from Oregon State University.
Tenure
Has been with Camden Property Trust since its early days, serving as Chairman of the Board and CEO since May 1993.

Also at CAMDEN PROPERTY TRUST

DKO
D. Keith Oden
Executive Vice Chairman of the Board
AJJ
Alexander J. Jessett
President and CFO
BF
Ben Fraker
SVP-Finance and Treasurer

About

Richard J. Campo is the long-serving Chairman of the Board and Chief Executive Officer of Camden Property Trust, having taken on the role in May 1993.

With a distinguished career spanning several decades, he played a foundational role in the development of the company by co-founding its predecessor companies back in 1982, which laid the groundwork for his enduring influence at the firm.

At 69 years old, his extensive expertise in corporate finance, capital markets, and strategic planning has been a key driver of Camden Property Trust's sustained leadership in the real estate market. His academic background, which includes a Bachelor's Degree in Accounting from Oregon State University, further bolsters his qualifications and strategic vision.

Throughout his tenure, Richard has demonstrated unwavering commitment and innovation, steering the company through various market cycles and establishing robust corporate governance practices that continue to guide Camden Property Trust's success.

$CPT Performance Under Richard J. Campo

Past Roles

OrganizationRoleDate RangeDetails
Camden's predecessor companies Co-founder1982Co-founded the predecessor companies that evolved into CPT.
Century Development Corporation Finance Department EmployeePrior to 1982Worked in the finance department before his involvement with Camden.

Fixed Compensation

Data from  FY 2023
Component Name Amount Payment Schedule Additional Details
Base Salary$721,000AnnualFixed base salary
Other Compensation$3,000Annual401(k) matching contribution

Performance Compensation

Data from  FY 2023

Annual Bonus (2023)

Metric Weight Threshold Goal Target Goal Max Goal Actual Performance Achievement
FFO per share35%$6.70$6.85$7.00$6.7888%
Same Property NOI Growth30%3.50%5.00%6.50%4.31%88%
Underwritten Yields on Acquisitions/Developments20%4.21%4.46%4.71%4.47%103%
Net Debt/Adjusted EBITDA Ratio15%5.25x5.00x4.75x4.12x150%
  • Total Annual Bonus: $3,823,546.
  • Cash Component: $1,911,773.
  • Share Component: $2,867,759 (converted to shares).
  • Share Award Conversion: 50% of bonus paid in shares with conversion based on two-thirds of the market share price.
  • Vesting for Shares: Awarded shares vest immediately on the grant date due to Retirement Eligibility (otherwise, normally 25% at grant and 25% on February 15th of each next three years).
  • Grant Date: February 22, 2023.

Performance Award Program (2023)

Metric Weight Threshold Goal Target Goal Max Goal Actual Performance Achievement
FFO per share35%$6.70$6.85$7.00$6.7888%
Same Property NOI Growth30%3.50%5.00%6.50%4.31%88%
Underwritten Yields on Acquisitions/Developments20%4.21%4.46%4.71%4.47%103%
Net Debt/Adjusted EBITDA Ratio15%5.25x5.00x4.75x4.12x150%
  • Notional Shares Awarded: 60,000.
  • Cash Payment based on Performance: $242,400.
  • Vesting: Cash-based award (no vesting schedule).
  • Grant Date: February 22, 2023.