Public Storage (NYSE:PSA) announced today the appointment of three new members to its Board of Trustees, effective January 1, 2021, including: The Company also announced that three current Trustees, Uri P. Harkham, B. Wayne Hughes, Jr., and Daniel C. Staton, have decided to retire from the Board effective December 31, 2020. Shankh Mitra is Chief Executive Officer and Chief Investment Officer of Welltower Inc. and leads the Companys investments, structuring, development, predictive analytics, and asset management efforts. He serves on the MBA Real Estate Program Advisory Board at Columbia University and as a trustee of Americold Realty Trust (NYSE:COLD). Since joining Welltower in 2016, he has also served as Senior Vice President, Finance, Senior Vice President, Investments, Executive Vice President, Vice Chairman, and Chief Operating Officer before assuming his current role. The experience of accelerated move-ins and the pace of move-ins tells you customers need our product, Mitra said. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Our need-based product will likely see meaningful traction and demand.. We are pleased to welcome Shankh, David, and Paul to the Board, said Ronald L. Havner, Jr., Chairman of the Board of Public Storage. In connection with those discussions, Elliott confidentially submitted, before the nomination deadline of December 12, 2020, the names of six nominees for election to the Public Storage Board of Trustees.
On behalf of the entire Board of Directors, I want to sincerely thank Tom for his lasting contributions to the Company. Mr. Bacon is a member of the Board of Directors of Comcast Corporation having previously served as Lead Independent Director and Ally Financial Inc. With our highly-motivated team and an ultra-strong balance sheet, we are well positioned to drive significant long-term value for shareholders. Finally, Welltower undertakes no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, or to update the reasons why actual results could differ from those projected in any forward-looking statements. His vision of reimagining and reinventing the built environment for effective delivery of health care and wellness services has played an instrumental role in transforming Welltower into the worlds largest health and wellness real estate platform. Forward-Looking Statements and Risk Factors. GLENDALE, Calif.--(BUSINESS WIRE)-- Prior to forming RailField, he spent 19 years at Fannie Mae, most recently serving as the executive vice president of the multifamily mortgage business fromJuly 2005toMarch 2012. Mr. Bacon is a member of the Board of Directors of Comcast Corporation having previously served as Lead Independent Director and Ally Financial Inc. The full content of this article is only available to paid subscribers.
Bacon joined Welltowers board of directors in 2016. Mr. Bacon received an MBA fromHarvard Business School, a Master of Science (M.Sc.) He was a Senior Analyst at Citadel Investment Group and Fidelity Investments and began his career at PricewaterhouseCoopers where he served several global clients. Welltower Appoints Shankh Mitra Chief Executive Officer. In April, we elevated Shankh to the roles of Vice Chair and COO with the intent that he would ultimately succeed Tom as CEO. The only carbon fibre supercar in. Mitra received an MBA fromColumbia Business Schoolspecializing in applied value investing and a bachelors degree in engineering from Jadavpur University. There are no executives at Welltower getting paid more. Most recently he exercised 1,666 units of WELL stock worth $458,350 on 26 April 2022. Welltower Inc., an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Executive Vice President - Chief Operating Officer.
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Shankh Mitra has been promoted to CEO of Welltower and will join the company's board of directors effective immediately, the real estate investment trust announced late Monday.. Mitra, who has been serving as vice chair, chief operating officer and chief investment officer, succeeds Thomas J. DeRosa, who is stepping down as chairman and CEO after leading Welltower for more than six years. Public Storage and Elliott Associates, L.P. (Elliott) have had constructive discussions in recent weeks. Shankh Mitra, David Neithercut, and Paul Williams Bring Significant Financial, Real Estate Investing, and Corporate Governance Expertise and Leadership Experience Public Storage (NYSE:PSA) announced today the appointment of three new members to its Board of Trustees, effective January 1, 2021, including: Shankh Mitra, Chief Executive Officer, Chief Investment Officer and director of Welltower . The companies were formed over a thirty-three year period with the most recent being incorporated five months ago in February of 2022. The Company also announced thatKenneth J. Bacon, who has been serving as an Independent Director on the Board since 2016, has been named Chairman. After the end of the quarter, in October, the company closed in the first tranche, including 11 properties, for $90 million. There are 14 older and 2 younger executives at Welltower. Please contact the server administrator at Mr. Mitra received an MBA fromColumbia Business Schoolspecializing in Applied Value Investing and a bachelors degree in Engineering from Jadavpur University. In this role, Mr. Bacon will lead the Board and partner with Mr. Mitra and the leadership team as they execute the Companys strategy to create long-term shareholder value. Mr. Mitra will retain his CIO title and continue to lead Welltowers data analytics-driven capital allocation and operator relationships. For a woman, a religious, devoted wife, wealthy, all comforts of . Occupancy in Welltowers total seniors housing operating portfolio declined 150 basis points in the third quarter, or 30 basis points through Oct 23. We have created something unique at Welltower, and as a result, have become the leading health and wellness real estate platform. Prior to forming RailField, Mr. Bacon spent 19 years at Fannie Mae, most recently serving as the Executive Vice President of the multifamily mortgage business fromJuly 2005toMarch 2012. Possible related people for Shankha Mitra include Rishika Elizabeth Kammerman, Deirdre Durbin Mitra, Devi Mitra, Shomya Graham Mitra, Shyamali Mitra. This report is not for commercial use. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments . There is no executive better suited to lead Welltower at this critical juncture. He also held Senior Analyst positions at Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers. The Company also announced that Kenneth J. Bacon, who has been serving as an Independent Director on the Board since 2016, has been named Chairman. Public Storage Appoints Three New Independent Trustees, https://www.businesswire.com/news/home/20201213005046/en/, Business This information is according to proxy statements filed for the 2021 fiscal year. He was Executive Vice PresidentCorporate Strategy of the Company from January 2004 to May 2005, and Executive Vice President and Chief Financial Officer of the Company from February 1995 to August 2004. Mr. Mitra began his career at PricewaterhouseCoopers. Shankh has made over 9 trades of the Welltower stock since 2018, according to the Form 4 filled with the SEC. SHANKH MITRA corporate profile, background and performance evaluation including other Welltower executives Mitra, who has been serving as vice chair, COO and chief investment officer, succeedsThomas J. DeRosa, who is stepping down as chairman and CEO after leading Welltower for more than six years. Mr. Mitra served as Welltowers Senior Vice President - Finance & Investments from January 2016 to January 2018. During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust's strategy will not change.
I am humbled and honored to serve as CEO of Welltower and to lead this remarkable team as we embark on the next chapter of our journey. Executive Vice President - General Counsel & Corporate Secretary . Of this total $1,000,039 was received as a salary, $3,920,000 was received as a bonus, $1,500,088 was received in stock options, $5,999,991 was awarded as stock and $333,592 came from other types of compensation. Shankha is a resident of 13637 Sheila Lynn Crt, Dade City, FL 33525-4514. Im truly excited for Welltowers future and will be cheering for the Companys continued success in the years to come..
Get contact details including emails and phone numbers Last updated: 5 January 2023 at 5:03pm EST. Mr. Shankh Mitra is an Independent Trustee at Public Storage, a Director, Chief Executive & Investment Officer at Welltower, Inc. and a . Chief Executive Officer & Chief Investment Officer. This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. In April, we elevated Shankh to the roles of Vice Chair and COO with the intent that he would ultimately succeed Tom as CEO. In addition to a strong brand and deep customer loyalty, Public Storage has a demonstrated commitment to empowering its employees and creating a diverse and inclusive workplace. TOLEDO, Ohio Welltower Inc. (NYSE: WELL) announced that Shankh Mitra has been appointed chief executive officer and will join the board of directors. your request. This may be a result of various factors, including, but not limited to: the duration and scope of the COVID-19 pandemic; the impact of the COVID-19 pandemic on occupancy rates and on the operations of Welltower and its operators/tenants; actions governments take in response to the COVID-19 pandemic, including the introduction of public health measures and other regulations affecting Welltower's properties and the operations of Welltower and its operators/tenants; the effects of health and safety measures adopted by Welltower and its operators/tenants related to the COVID-19 pandemic; increased operational costs as a result of health and safety measures related to COVID-19; the impact of the COVID-19 pandemic on the business and financial condition of operators/tenants and their ability to make payments to Welltower; disruptions to Welltower's property acquisition and disposition activity due to economic uncertainty caused by COVID-19; general economic uncertainty in key markets as a result of the COVID-19 pandemic and a worsening of global economic conditions or low levels of economic growth; the status of capital markets, including availability and cost of capital; uncertainty from the expected discontinuance of LIBOR and the transition to any other interest rate benchmark; issues facing the health care industry, including compliance with, and changes to, regulations and payment policies, responding to government investigations and punitive settlements and operators'/tenants' difficulty in cost effectively obtaining and maintaining adequate liability and other insurance; changes in financing terms; competition within the health care and seniors housing industries; negative developments in the operating results or financial condition of operators/tenants,including, but not limited to, their ability to pay rent and repay loans; Welltower's ability to transition or sell properties with profitable results; the failure to make new investments or acquisitions as and when anticipated; natural disasters and other acts of God affecting Welltower's properties; Welltower's ability to re-lease space at similar rates as vacancies occur; Welltower's ability to timely reinvest sale proceeds at similar rates to assets sold; operator/tenant or joint venture partner bankruptcies or insolvencies; the cooperation of joint venture partners; government regulations affecting Medicare and Medicaid reimbursement rates and operational requirements; liability or contract claims by or against operators/tenants; unanticipated difficulties and/or expenditures relating to future investments or acquisitions; environmental laws affecting Welltower's properties; changes in rules or practices governing Welltower's financial reporting; the movement of U.S. and foreign currency exchange rates; Welltower's ability to maintain Welltower's qualification as a REIT; key management personnel recruitment and retention; the impact of our senior leadership transition; and other risks described in Welltower's reports filed from time to time with the SEC. He is on the Board of Directors at Public Storage, Welltower, Inc., ProMedica Health Systems, Inc. and HCR ManorCare, Inc. Mr. Mitra was previously employed as a Portfolio Manager by Millennium Management, Inc. and an Analyst by Pyramis Global Advisors LLC. Prior to joining Welltower, Mr. Mitra was a Portfolio Manager investing in Real Estate Securities at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. to register for our FREE healthcare real estate and/or life sciences real estate e-newsletters. The oldest executive at Welltower Inc. is JeffreyDonahue, 73, who is the Lead Independent Director. Copyright 2023 Haymarket Media, Inc. All Rights Reserved This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. DeRosa is stepping down as Chairman and CEO after leading Welltower . Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered inToledo, Ohio, is driving the transformation of health care infrastructure. {{ userNotificationState.getAlertCount('bell') }}. Mr. Bacon is a co-founder of RailField Realty Partners, a financial advisory and asset management firm. The server encountered an internal error or Revere is an invite-only digital network for commercial real estate professionals looking to buy or sell a building, finance a project, and expand their network. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve peoples wellness and overall health care experience. Your use of this website constitutes acceptance of Haymarket MediasPrivacy PolicyandTerms & Conditions. Todays appointments underscore the Companys commitment to continually enhancing its corporate governance, and Im honored to contribute my skills and experience to furthering Public Storages winning culture as a driver of value creation.. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Dan for their years of service as Trustees of Public Storage. Chief Executive Officer & Chief Investment Officer. As of 26 April 2022 he still owns at least 7,208 units of Welltower stock. In this role, Mr. Bacon will lead the Board and partner with Mr. Mitra and the leadership team as they execute the Company's strategy to create long-term shareholder value. As Chief Executive Officer & Chief Investment Officer at WELLTOWER INC., Shankh Mitra made $12,753,710 in total compensation. Welltower Appoints Shankh Mitra Chief Executive Officer, Healthcare Apprenticeship Expansion Program. Our headquarters are located in Glendale, California. The communities will be operated by StoryPoint Senior Living under a new triple-net master lease. You can see the complete history of Mr. Mitra stock trades at the bottom of the page. Tim McHugh. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Further, these highly-qualified new Trustees bring diverse backgrounds and experiences, and they have a demonstrated focus on sustainable value-creation, which will support the Boards and managements strategy to promote the long-term resilience of our business and enhance shareholder value. He said he expects the other four properties to transition to the new operator by the end of the year. He also served as Senior Vice President, Finance, and then as Senior Vice President, Investments, before assuming his most recent roles. No credit card required. Sign up for a free account. Over the past two decades, these retiring Trustees have helped shepherd Public Storage to truly extraordinary growth while maintaining financial discipline and an incredibly strong balance sheet. Prior to joining Welltower, Mr. Mitra was a Portfolio Manager, Real Estate Securities, at Millennium Management, where he managed an accomplished team of investment professionals responsible for bottom-up underwriting of commercial real estate companies and portfolios, security selection, quantitative portfolio and risk management. From July 2013 to December 2015, Mr. Mitra served as Portfolio Manager, Real Estate Securities at Millennium Management. Executive Vice President - Chief Financial Officer. While COVID-19 has presented us with many challenges, the past six months have underscored Welltowers core value proposition: to serve as a strategic, nimble and creative capital allocator by leveraging our operator relationships and data platform. Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. "While COVID-19 has presented us with many challenges, the past six months have underscored Welltower's core value proposition: to serve as a strategic, nimble and creative capital allocator by leveraging our operator relationships and data platform. The most active insiders traders include Timothy J Naughton, R Scott Trumbull, and Philip L Hawkins. Mr. Williams said, It is a privilege to be appointed to Public Storages Board of Trustees, and Im excited by the opportunity to build on the Companys long history of success. 2020 Public Storage.
Mitra, who has been serving as vice chair, COO and chief investment officer, succeeds Thomas J. DeRosa, who is stepping down as chairman and CEO after leading Welltower for more than six years. Chief Executive Officer @ Welltower Inc. (NYSE:WELL). https://www.businesswire.com/news/home/20201213005046/en/. Matt McQueen. Mitra promised more personnel announcements. We have the utmost confidence in Shankh's strategic vision and leadership and believe he is the right person to guide Welltower as it continues to successfully navigate the current environment and pursue the exciting next phase of growth for the Company. In addition, he makes $5,728,140 as Chief Executive Officer, Chief Investment Officer, and Director at Welltower. "Over the past five years, Shankh's investing and operational acumen, complemented by the significant efforts of Tim McHugh, Matt McQueen and a deep bench of senior leaders at Welltower, have put the Company in a position of strength. McHugh mentioned the transition of five of the planned nine properties from Capital Senior Living to StoryPoint Senior Living as part of the first phase of an agreement with Capital Senior Living. Salary: $1,000,039: Bonus: $0: Value of Stock Awards: $5,999,991: Value of Option Awards: $1,500,088: Non-Equity Incentive Plan Compensation: $3,920,000: Change in . Shankh and I have worked shoulder-to-shoulder over the last five years and I have witnessed his strong leadership, relentless focus on organizational efficiency and unparalleled approach to capital allocation. After careful thought and consideration of the Company's current position and opportunities ahead, the Board and I have decided that now is the right time for me to hand the reins to Shankh. There is no executive better suited to lead Welltower at this critical juncture. No credit card required. Regarding sales in the quarter, in September, Welltower sold an 11-property senior housing portfolio in California, Washington and Nevada for $792 million. After careful thought and consideration of the companys current position and opportunities ahead, the Board and I have decided that now is the right time for me to hand the reins to Shankh. As of Oct. 23, 94% of Welltowers senior housing communities reported no confirmed coronavirus cases, 5% reported one to two cases, and 1% have three or more cases. John Burkart. Click here to register for our FREE healthcare real estate and/or life sciences real estate e-newsletters. Those expenses were related to higher labor costs and spending on personal protective equipment and other supplies. Mr. Mitra is the Chief Executive Officer and Chief Investment Officer of Welltower Inc., and serves on the Companys Board of Directors. ", Mr. DeRosa commented, "I am proud of our many accomplishments during my time as CEO and thankful to the Board and the entire Welltower team for allowing me to pursue my vision. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://welltower.com/october-business-update. Shankh Mitra Chief Executive Officer Welltower Inc. New York, New York, United States Found 6 emails: welltower.com gmail.com yahoo.com citadelgroup.com gsb.columbia.edu us.pwc.com Found phones: 6 available on +Phone plans Michael Fachetti Chief Executive Officer - Chief Executive Officer United Commerce Solutions New York, New York, United States The answer to that question is an emphatic no, he told analysts. The Board is pleased to appoint Shankh as CEO, continued Donahue. He was from Morocco and first went to Mecca at the age on 21 in 1335. Connect with 500+ development firms today, Chief Executive Officer & Chief Investment Officer, Job Functions: Executive, Acquisitions & Dispositions, Asset Management, Development, Investment Management, Underwriting & Analysis. Mr. Mitra is primarily responsible for capital allocation decisions at Welltower, and brings over a decade of experience in investments, finance and real estate to the Company. Shankh Mitra Biography. degree from the London School of Economic and Political Science, and a bachelors degree in Anthropology fromStanford University. Eight of the companies are still active while the remaining sixteen are now listed as inactive. The REIT expects such expenses to remain elevated during the pandemic. from 8 AM - 9 PM ET. The REIT also reported that 96% of its communities are accepting new residents. Shankh and I have worked shoulder-to-shoulder over the last five years and I have witnessed his strong leadership, relentless focus on organizational efficiency and unparalleled approach to capital allocation. I am grateful to Tom for his mentorship and partnership and I deeply appreciate the confidence and trust the Board and my colleagues have placed in me, said Mr. Mitra. "Welltower will continue to strive to be the premier wellness infrastructure company that allocates capital in the path of . He is a member of the board of directors of Comcast Corporation, having previously served as lead independent director, and of Ally Financial Inc. Mr. Williams is a member of the Economic Club of Chicago. Shankh Mitra. Mr. Williams previously served on the boards of directors of State Auto Financial Corporation, Bob Evans Farms, Inc., and Essendant, Inc. (f/k/a United Stationers Inc.). We have created something unique at Welltower, and as a result, have become the leading health and wellness real estate platform. According to this definition women are the form of shakti and they are playing different roles in a man's life. (703) 894-1805. When Welltower uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "pro forma," "estimate" or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. Cision Distribution 888-776-0942 I am excited to work alongside my fellow Trustees to further the Companys focus on long-term resilience and execute on its strategic growth initiatives.. Mr. Neithercut received an M.B.A. from the Columbia University Graduate School of Business. .
1650 King Street, Suite 602 He was a visionary who saw the need of integrating senior housing into the healthcare continuum years before COVID, and now we all know the importance of that today and going forward, he said. If you are an active subscriber, please log in. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. TOLEDO, Ohio, Oct. 5, 2020 /PRNewswire/ --Welltower Inc. (NYSE: WELL) today announced that Shankh Mitra has been appointed Chief Executive Officer and will join the Board of Directors, effective October 5, 2020. Storage, Public View Bio. Shankh Mitra is Chief Executive Officer and Chief Investment Officer of Welltower Inc. and leads the Company's investments, structuring, development, predictive analytics, and asset management efforts. Over the last five years, Matt, Tim and I have been working closely together alongside Jeff and Ken. Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Transcript : Welltower Inc., Q3 2022 Earnings Call, Nov 08, 2022, Transcript : Welltower Inc., Q2 2022 Earnings Call, Aug 10, 2022, Transcript : Welltower Inc., Q1 2022 Earnings Call, May 11, 2022, Transcript : Welltower Inc. Presents at Citi's 26th Annual Global Property CEO Conference 2022, Mar-08-2022 11:15 AM, Transcript : Welltower Inc., Q4 2021 Earnings Call, Feb 16, 2022, Transcript : Welltower Inc., Q3 2021 Earnings Call, Nov 05, 2021, Transcript : Welltower Inc., Q2 2021 Earnings Call, Jul 30, 2021, Member-Real Estate & Infrastructure Counsel.
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These forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results and performance to be materially different from those expressed or implied in the forward-looking statements. The estimated Net Worth of Shankh Mitra is at least $6.2 Million dollars as of 26 April 2022. Mr. Bacon has served as RailFields managing partner since his retirement from the Federal National Mortgage Association (Fannie Mae) inMarch 2012. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. He also held senior analyst positions at Citadel Investment Group and Fidelity Investments after beginning his career at PricewaterhouseCoopers. Shankh Mitra joined Welltower in 2016.
Shankh Mitra Biography Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in April 2020. He received an MBA fromHarvard Business School, a master of science degree from the London School of Economic and Political Science, and a bachelors degree in anthropology fromStanford University. Mitra said Welltower has more than $1 billion of acquisitions in its pipeline and that they represent a wide range of transactions. Also since the last earnings call, Welltower also entered into an agreement to acquire a portfolio of 25 assisted living and memory care communities located throughout the Midwest. Since the start of the pandemic, Shankh's unyielding focus on portfolio performance and optimization has never been more evident. He received his undergraduate degree from Jadavpur University and an MBA from Columbia Business School. Over the last 5 years, insiders at Welltower have traded over $1,876,515 worth of Welltower stock and bought 3,587 units worth $192,115 Mr. Mitra is primarily responsible for capital allocation decisions at Welltower, and brings over a decade of experience in investments, finance and real estate to the Company. The Board is pleased to appoint Shankh as CEO, continued Donahue. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Shankh Mitra Biography Mr. Mitra joined Welltower in 2016 and has served as the Company's Chief Investment Officer since 2018, adding the roles of Vice Chair and Chief Operating Offer in April 2020. shankh mitra wife. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause Welltower's actual results to differ materially from Welltower's expectations discussed in the forward-looking statements. Over the last five years, Matt, Tim and I have been working closely together alongside Jeff and Ken. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information.