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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.