RICHARD AGREE - Corporate Board Profile

AGREE REALTY CORP

Filing Date	Source Excerpt
2005-03-25	Richard Agree, 61, has been President and Chairman of the Board of Directors since December 1993. ... Our executive committee members are: Richard Agree (Chairman), Michael Rotchford and Ellis Wachs. ... No fees are paid to directors who are our employees.
2006-03-31	Richard Agree, 62, has been President and Chairman of the Board of Directors since December 1993. Our directors are paid an annual fee of $17,500. For the year ended December 31, 2005, we paid total compensation of $91,500 to our directors. No fees are paid to directors who are our employees. The executive compensation table shows Richard Agree's salary and bonus totaling $240,000 and restricted stock awards valued at $25,000, plus other compensation totaling $244,521.
2007-03-27	Richard Agree, 63, has been President and Chairman of the Board of Directors since December 1993. ... The executive committee members are: Richard Agree (Chairman), Michael Rotchford and Ellis Wachs.
2008-03-25	Richard Agree 64 Chairman of the Board 2009; Richard Agree has been President and Chairman of the Board of Directors since December 1993. Prior thereto, he worked as managing partner of the general partnerships which held the Company’s properties prior to the formation of the Company and the initial public offering and was President of the predecessor company since 1971. Mr. Agree has managed and overseen the development of over 5,000,000 square feet of anchored shopping center space during the past 36 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers.; The Board has delegated various responsibilities and authority to four standing committees of the Board. Each committee regularly reports on its activities to the full Board. Each committee, other than the Executive Committee, operates under a written charter approved by the Board, which is reviewed annually by the respective committees and the Board and is available in the Corporate Governance section of our website, www.agreerealty.com. The Audit Committee, the Executive Compensation Committee and the Nominating and Corporate Governance Committee are composed entirely of independent directors.; The table below sets forth the current membership of the four standing committees of the Board and the number of meetings and written consents in 2007 of such committees: Nominating and Corporate Governance Committee: Richard Agree (Chair).; The table below provides compensation information for the year ended December 31, 2007 for each non-management director.; Richard Agree - Fees Earned or Paid in Cash: $0, Total: $0.
2009-03-25	Richard Agree has been President and Chairman of the Board of Directors since December 1993. Richard Agree serves as the Company 27s President and Chief Executive Officer and therefore is not independent under the NYSE rules. The Board has re-nominated Richard Agree whose three-year term expires at this annual meeting. The Board has affirmatively concluded that Michael Rotchford is independent under the applicable rules of the New York Stock Exchange (the 3NYSE 4). Richard Agree serves as the Company 27s President and Chief Executive Officer and therefore is not independent under the NYSE rules. Richard Agree has been President and Chairman of the Board of Directors since December 1993. The Compensation Committee takes direction from the recommendations of Richard Agree, President, Chief Executive Officer and Chairman of the Company, with respect to the design and implementation of the compensation program for the named executive officers. Richard Agree received an 8% salary increase to $270,000 in 2008. The Summary Compensation Table shows his total compensation in 2008 was $707,895. Richard Agree is the father of Joey Agree.
2010-03-26	Richard Agree has been our Chief Executive Officer and Chairman of the Board of Directors since December 1993. Prior thereto, he worked as managing partner of the general partnerships which held our Company's properties prior to the formation of our Company and the initial public offering and was President of the predecessor company since 1971. Mr. Richard Agree has managed and overseen the development of over 5,000,000 square feet of anchored shopping center space during the past 40 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers. Richard Agree is the father of Joey Agree. The Board has determined that it is in the best interests of our company and our stockholders for Mr. Richard Agree, in light of his extensive day-to-day company-specific operational, market and finance experience as the founder and Chief Executive Officer of our company, his leadership abilities and his expertise in the ownership, development, acquisition and management of retail real estate net leased to national tenants, to continue to serve as a director of the Board.
2011-03-25	Richard Agree has been our Chief Executive Officer and Chairman of the Board of Directors since December 1993. Prior thereto, he worked as managing partner of the general partnerships which held our Companys properties prior to the formation of our Company and the initial public offering and was President of the predecessor company since 1971. Mr. Richard Agree has managed and overseen the development of over 5,000,000 square feet of anchored shopping center space during the past 40 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers. Richard Agree is the father of Joey Agree. The Board has determined that it is in the best interests of our company and our stockholders for Mr. Richard Agree, in light of his extensive day-to-day company-specific operational, market and finance experience as the founder and Chief Executive Officer of our company, his leadership abilities and his expertise in the ownership, development, acquisition and management of retail real estate net leased to national tenants, to continue to serve as a director of the Board. The Board has delegated various responsibilities and authority to four standing committees of the Board. Richard Agree is Chair of the Audit Committee. Directors who are employees or officers of our Company or any of our subsidiaries do not receive any additional compensation for serving on the Board or any committees thereof.
2012-03-27	Richard Agree has been our Chief Executive Officer and Chairman of the Board of Directors since December 1993. Mr. Richard Agree has managed and overseen the development of over 5,000,000 square feet of anchored shopping center space during the past 40 years. The Board has determined that it is in the best interests of our Company and our stockholders for Mr. Richard Agree, in light of his extensive day-to-day company-specific operational, market and finance experience as the founder and Chief Executive Officer of our Company, his leadership abilities and his expertise in the ownership, development, acquisition and management of retail real estate net leased to national tenants, to continue to serve as a director of the Board, subject to stockholder approval at this annual meeting. The Compensation Committee establishes and oversees our director compensation program. During 2011, each non-employee director received an annual retainer fee of $22,500, with the Audit Committee chairman receiving an additional $4,000. Richard Agree is the father of Joey Agree. Total compensation for 2011 was $833,520.
2013-03-27	Richard Agree has been our Executive Chairman of the Board since January 2013. ... The Board has determined that it is in the best interests of our Company and our stockholders for Mr. Richard Agree, in light of his extensive day-to-day company-specific operational, market and finance experience as the founder and former Chief Executive Officer of our Company, his leadership abilities and his expertise in the ownership, development, acquisition and management of retail real estate net leased to national tenants, to continue to serve as a director of the Board. ... The following table provides compensation information for the year ended December 31, 2012 for each non-management director. ... Richard Agree was Chairman and Chief Executive Officer during 2012. ... Directors who are employees or officers of our Company or any of our subsidiaries do not receive any additional compensation for serving on the Board or any committees thereof.
2014-03-26	Richard Agree is the Executive Chairman of the Board and Director aged 70. He is Chair of the Audit Committee. No additional compensation is listed for him as he is an employee.
2015-03-25	Richard Agree has been our Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board of Directors. The following table sets forth the director nominees and continuing directors of the Board: Richard Agree, 71, Executive Chairman of the Board and Director. The Compensation Committee establishes and oversees our director compensation program. During 2014, each non-employee director received an annual retainer fee of $22,500, with the Audit Committee chairman receiving an additional $4,000. Richard Agree is the Audit Committee Chair and his total compensation was $436,514 in 2014.
2016-03-18	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board.
2018-04-03	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. The Compensation Committee establishes and oversees our director compensation program. Each non-management director who is not an employee of, or affiliated with, the Company received an annual fee of $30,000 in 2017. Directors who are employees or officers of our Company or any of our subsidiaries do not receive any additional compensation for serving on the Board or any committees thereof. Richard Agree's total compensation for 2017 was $472,031.
2019-03-12	Richard Agree Age 75 Title Executive Chairman of the Board and Director Term Ending 2021
2020-03-23	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. ... The Board has determined that it is in the best interests of our Company and our stockholders for Mr. Richard Agree, in light of his extensive company-specific, operational, market and finance experience as the founder and former Chief Executive Officer of our Company, his leadership abilities and his expertise in the ownership, development, acquisition and management of retail real estate net leased to national tenants, to continue to serve as a director of the Board. ... The Board has delegated various responsibilities and authority to four standing committees of the Board. ... Richard Agree Chair Executive Committee ... Directors who are employees or officers of our Company or any of our subsidiaries do not receive any additional compensation for serving on the Board or any committees thereof.
2021-03-25	Richard Agree(1) 77 Executive Chairman of the Board and Director 2021
2022-03-23	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board.
2023-03-31	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. Prior thereto, he worked as managing partner of the general partnerships which held our properties prior to the formation of our Company and the initial public offering and was President of the predecessor company since 1971. Mr. Richard Agree has managed and overseen the development of over eight million square feet of retail real estate during the past 50 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers. Mr. Richard Agree is the father of Mr. Joel Agree, our Chief Executive Officer and one of our Directors. Richard Agree does not receive any compensation for his service as a director, but he does receive compensation for his position as Executive Chairman. In 2022, he received 6,971 shares with an aggregate grant date fair value of $436,524. Such awards will vest ratably over a five-year period.
2024-04-12	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. Mr. Richard Agree has managed and overseen the development of over eight million square feet of retail real estate during the past 50 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers. Mr. Richard Agree is the father of Mr. Joel Agree, our Chief Executive Officer and one of our Directors. In 2023, he received 5,957 time-based restricted shares with an aggregate grant date fair value of $436,469.
2025-04-04	Richard Agree has been the Executive Chairman of the Board since January 2013. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. In 2024, he received 9,198 time-based restricted shares with an aggregate grant date fair value of $528,977.