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Marguerite Nader

President and Chief Executive Officer at EQUITY LIFESTYLE PROPERTIES
Since N/A

Also at EQUITY LIFESTYLE PROPERTIES

DE
David Eldersveld
Executive Vice President, Chief Legal Officer, and Corporate Secretary
PW
Patrick Waite
Executive Vice President and Chief Operating Officer
PS
Paul Seavey
Executive Vice President and Chief Financial Officer

About

Marguerite Nader serves as the President and Chief Executive Officer at Equity LifeStyle Properties, Inc., as confirmed by the documents.

There is no available information regarding her personal background, educational credentials, or professional history before and during her tenure at ELS.

The documents do not provide details on her join date or the start date of her current role at the company, nor do they mention any promotions or additional positions held.

Consequently, while her role as CEO is clear, further insight into her career progression and personal details is not available from the provided documents.

$ELS Performance Under Marguerite Nader

Past Roles

OrganizationRoleDate RangeDetails
Equity LifeStyle Properties, Inc. (ELS) President and Chief Financial Officer May 2012 - October 2012 N/A
Equity LifeStyle Properties, Inc. (ELS) Executive Vice President and Chief Financial Officer December 2011 - May 2012 N/A
Equity LifeStyle Properties, Inc. (ELS) Executive Vice President - New Business Development February 2011 - December 2011 N/A
Equity LifeStyle Properties, Inc. (ELS) Executive Vice President - Sales and Marketing February 2009 - February 2011 N/A
Equity LifeStyle Properties, Inc. (ELS) Senior Vice President of New Business Development January 2007 - February 2009 N/A
Equity LifeStyle Properties, Inc. (ELS) Vice President of New Business Development January 2001 - January 2007 N/A
Equity LifeStyle Properties, Inc. (ELS) Vice President of Asset Management January 1998 - January 2001 N/A

External Roles

OrganizationRoleDate Range
National Association of Real Estate Investment Trust (NAREIT) Executive Board Member Current

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$641,568 AnnualFixed annual salary
All Other Compensation$13,200 AnnualIncludes 401(k) matching contribution (100% of first 3%, 50% of next 2% up to max of $13,200)

Performance Compensation

Data from  FY 2023

Performance-Based Cash Bonus

ComponentPerformance MetricTarget/ThresholdActual ResultPayment AmountNotes
Core MH RevenueRevenue Increase6.5% increase Met$658,540
Core RV RevenueAnnual core revenue & seasonal/transient revenue increases8.4% (core) & 3.0% (seasonal/transient) Partially met$493,905
Site and Member OptimizationMembership dues revenue, paid member sales units, RV dealer activations, expansion sitesN/APartially met$452,746 Four equal components
Core Net Operating IncomeCore NOI growth & expense management5.5% increase (income); < 28.6% of core revenues (expenses) Income target not met; Expense target met$576,222 Only the expense side reached target
Discretionary/Strategic InitiativesCommittee discretion30.0% of bonus Evaluated post metricsIncluded in bonusDetermined by the Compensation Committee
Total Bonus PotentialBonus Potential as % of Base Salary290% of base salary N/A$1,759,376 Aggregated bonus amount

Performance-Based Restricted Stock Awards

DescriptionValue/MetricDetails
MetricNormalized FFO per Common Share (fully diluted)Target Range: $2.79 to $2.89
Grant DateN/AFebruary 7, 2023
Grant Date Fair Value$72.51 per share
Grant Date Stock Price$72.51 per share
Total Performance Shares12,542 shares
Vesting ScheduleN/A1/3 vests on January 30, 2024; 1/3 on February 4, 2025; 1/3 on February 3, 2026

Performance-Based Vesting of Prior Awards

DescriptionAmount/MetricDetails
Performance MetricNormalized FFO per Common Share (fully diluted)Target Range: $2.79 to $2.89
2021 Awards Vested4,753 shares
2022 Awards Vested3,989 shares
2023 Awards Vested4,180 shares
Vesting ScheduleN/AVests in three equal installments on January 30, 2024; February 4, 2025; February 3, 2026

Evaluation Period: All performance metrics refer to the period ending December 31, 2023. Vesting and compensation evaluations were determined by the Compensation Committee based on the fulfillment of the respective performance conditions.