How Kite was paid
$7.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| John A. KiteChairman & CEO | $1,000,000 | $3,931,061 | $2,912,500 | $39,322 | $7,882,883 |
| Thomas K. McGowanPresident & COO | $600,000 | $1,298,594 | $1,165,000 | $31,187 | $3,094,781 |
| Heath R. FearEVP & CFO | $600,000 | $1,220,027 | $1,165,000 | $15,968 | $3,000,995 |
What changed and why
- $7.9MChief Executive Officer John A Kite received total compensation of $7,882,883 in 2025, representing an increase from the prior year.
- 3.5%Core Funds From Operations increased 3.5% to $2.06 per diluted share.
- 96.3%Shareholders supported the executive compensation program with 96.3% approval at the prior annual meeting.
- $300MThe company repurchased $300 million of common shares at an average of $23.00 per share.
- 60%Performance-based equity awards represent 60% of target value for each named executive officer.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.