The estimated Net Worth of Frank C Mcdowell is at least $1.09 Millón dollars as of 7 May 2024. Mr. Mcdowell owns over 15,220 units of Piedmont Office Realty Trust Inc stock worth over $862,198 and over the last 15 years he sold PDM stock worth over $0. In addition, he makes $225,625 as Independent Chairman of the Board at Piedmont Office Realty Trust Inc.
Frank has made over 7 trades of the Piedmont Office Realty Trust Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 15,220 units of PDM stock worth $144,894 on 7 May 2024.
The largest trade he's ever made was exercising 15,220 units of Piedmont Office Realty Trust Inc stock on 7 May 2024 worth over $144,894. On average, Frank trades about 2,664 units every 199 days since 2010. As of 7 May 2024 he still owns at least 90,567 units of Piedmont Office Realty Trust Inc stock.
You can see the complete history of Mr. Mcdowell stock trades at the bottom of the page.
Frank C. McDowell serves as Independent Chairman of the Board of the Company. Former President, Chief Executive Officer and Director of BRE Properties, Inc. (formerly NYSE: BRE), a self-administered equity REIT from 1995 until his retirement in 2004. Prior to joining BRE, Mr. McDowell was Chairman and Chief Executive Officer of Cardinal Realty Services, Inc., an owner/operator of multifamily housing. Before joining Cardinal Realty, Mr. McDowell had served as head of real estate at First Interstate Bank of Texas and Allied Bancshares. Additionally, Mr. McDowell was a licensed CPA in Texas for twenty years. Mr. McDowell brings to the board extensive experience as a Chief Executive Officer of a public company within the real estate sector. He is very familiar with the public markets, including dealing with analysts and institutional investors as well as an in-depth working knowledge of various financial structures and the capital raising process. In addition he has expertise in strategic planning, establishing and managing compensation for senior real estate executives, and in other financial matters given his background as a CPA. These skills make him well suited to serve as Chairman of the Board and Compensation Committee, as well as a member of the Audit and Nominating and Corporate Governance Committees.
As the Independent Chairman of the Board of Piedmont Office Realty Trust Inc, the total compensation of Frank McDowell at Piedmont Office Realty Trust Inc is $225,625. There are 10 executives at Piedmont Office Realty Trust Inc getting paid more, with C. Brent Smith having the highest compensation of $5,194,880.
Frank McDowell is 71, he's been the Independent Chairman of the Board of Piedmont Office Realty Trust Inc since 2017. There are 2 older and 21 younger executives at Piedmont Office Realty Trust Inc. The oldest executive at Piedmont Office Realty Trust Inc is Wesley Cantrell, 85, who is the Independent Director.
Frank's mailing address filed with the SEC is 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA, GA, 30342.
Over the last 15 years, insiders at Piedmont Office Realty Trust Inc have traded over $789,060 worth of Piedmont Office Realty Trust Inc stock and bought 322,975 units worth $4,172,247 . The most active insiders traders include Glenn Gary Cohen, Christopher Brent Smith y Jeffrey L. Swope. On average, Piedmont Office Realty Trust Inc executives and independent directors trade stock every 30 days with the average trade being worth of $66,240. The most recent stock trade was executed by Jeffrey L. Swope on 7 May 2024, trading 15,220 units of PDM stock currently worth $144,894.
piedmont office realty trust, inc. (nyse: pdm) is a fully integrated and self-managed real estate investment trust (reit) specializing in the ownership and management of high-quality class a office buildings located primarily in the ten largest u.s. office markets, including chicago, washington, d. c., new york, dallas, los angeles, and boston. piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. the company is headquartered in atlanta, ga, with local management offices in each of its major markets. investment-grade rated by standard & poor's (bbb) and moody's (baa2), piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.
Piedmont Office Realty Trust Inc executives and other stock owners filed with the SEC include: