People: Monmouth Real Estate Investment Corp (MNR)
MNR on New York Consolidated
11.12USD
22 May 2013
11.12USD
22 May 2013
Price Change (% chg)
$0.13 (+1.18%)
$0.13 (+1.18%)
Prev Close
$10.99
$10.99
Open
$11.00
$11.00
Day's High
$11.15
$11.15
Day's Low
$10.97
$10.97
Volume
18,601
18,601
Avg. Vol
120,476
120,476
52-wk High
$11.92
$11.92
52-wk Low
$9.54
$9.54
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Eugene Landy |
79 | 2013 | Chairman of the Board |
Michael Landy |
51 | 2013 | President, Chief Executive Officer, Chief Operating Officer, Director |
Kevin Miller |
43 | 2012 | Chief Financial Officer, Chief Accounting Officer |
Allison Nagelberg |
48 | General Counsel | |
Anna Chew |
54 | 2012 | Treasurer, Director |
Daniel Cronheim |
58 | 1989 | Director |
Samuel Landy |
52 | 1989 | Director |
Catherine Elflein |
52 | 2007 | Independent Director |
Neal Herstik |
54 | 2004 | Independent Director |
Matthew Hirsch |
53 | 2000 | Independent Director |
Scott Robinson |
42 | 2005 | Independent Director |
Eugene Rothenberg |
80 | 2007 | Independent Director |
Stephen Wolgin |
58 | 2003 | Independent Director |
Susan Jordan |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Eugene Landy |
Mr. Eugene W. Landy serves as Chairman of the Board of Monmouth Real Estate Investment Corporation. He resigned as President, Chief Executive Officer of the Company on April 9, 2013. He is Attorney at Law. Chairman of the Board (1995 to present), President (1969 to 1995) of UMH Properties, Inc., an affiliated company. |
Michael Landy |
Mr. Michael P. Landy has been appointed as President, Chief Executive Officer, Chief Operating Officer, Director of Monmouth Real Estate Investment Corp., effective April 9, 2013. He has been with the Company since 2001. He has served as Chief Operating Officer since 2011, Chairman of the Executive Committee since 2010, and has served on the Board of Directors since 2007. |
Kevin Miller |
Mr. Kevin S. Miller has been appointed as Chief Financial Officer and Chief Accounting Officer of Monmouth Real Estate Investment Corp., effective July 2, 2012. Mr. Miller has been serving as the Company's Chief Accounting Officer since May 7, 2012, and will continue as Chief Accounting Officer in addition to his new responsibilities. Prior to joining the Company, Mr. Miller served as Assistant Controller and Assistant Vice-President of Forest City Ratner Companies, a wholly-owned subsidiary of a publicly-held company, Forest City Enterprises, Inc., for seven years and as an Audit Manager for twelve years at PKF O'Connor Davies, A Division of O'Connor Davies LLP. |
Allison Nagelberg |
Mr. Allison Nagelberg is General Counsel of Monmouth Real Estate Investment Corporation since 2000. Attorney at Law (1989 to present) General Counsel (2000 to present) of UMH Properties, Inc. an affiliated company. |
Anna Chew |
Ms. Anna T. Chew is Treasurer and Director of Monmouth Real Estate Investment Corporation. She resigned as Interim Principal Financial Officer of the Company, effective July 2, 2012. She resigned as Interim Principal Accounting Officer of the company effective May 7, 2012. She Treasurer and Member of the Executive Committee (2010 to present) and Director (2007 to present) of Monmouth Real Estate Investment Corporation (MREIC). She is a Certified Public Accountant. Ms. Chew is also Vice President and Chief Financial Officer (1995 to present) and Director (1994 to present) of UMH Properties, Inc., (UMH) an affiliated company. Ms. Chew was Controller (1991 to present) of UMH. Prior to joining UMH and MREIC, Ms. Chew was a Senior Manager at KPMG LLP. |
Daniel Cronheim |
Mr. Daniel D. Cronheim is Director of Monmouth Real Estate Investment Corporation. He is Attorney at Law (1979 to present). Certified Property Manager (2010). President (2000 to present) of David Cronheim Mortgage Company. Executive Vice President (1997 to present) of Cronheim Management Services, Inc. Executive Vice President (1989 to present) and General Counsel (1983 to present) of David Cronheim Company. Director, Chairman of Compensation Committee and Audit Committee (2000 to present) of Hilltop Community Bank. Mr. Cronheim’s experience in real estate management and the mortgage industry. |
Samuel Landy |
Mr. Samuel A. Landy is Director of Monmouth Real Estate Investment Corporation, since 1989. He is Attorney at Law (1985 to present); President (1995 to present), Vice President (1991 to 1995) and Director (1992 to present) of UMH Properties, Inc., an affiliated company. Mr. Landy’s experience in real estate investing and REIT leadership. |
Catherine Elflein |
Ms. Catherine B. Elflein is Independent Director of Monmouth Real Estate Investment Corporation. She is Certified Public Accountant. Senior Director – Risk Management (2006 to present) at Celgene Corporation; Controller of Captive Insurance Companies (2004 to 2006) and Director – Treasury Operations (1998 to 2004) at Celanese Corporation. Ms. Elflein’s experience in accounting, finance and risk management. |
Neal Herstik |
Mr. Neal Herstik is Independent Director of Monmouth Real Estate Investment Corporation. He is Attorney at Law, Gross, Truss & Herstik, PC (1997 to present). Co-founder and former President, Manalapan-Englishtown Education Foundation, Inc., a non-profit corporation (1995 to 2001). Mr. Herstik’s legal experience and experience in the real estate industry. |
Matthew Hirsch |
Mr. Matthew I. Hirsch is Independent Director of Monmouth Real Estate Investment Corporation. He is Attorney at Law (1985 to present); Adjunct Professor of Law, Widener University School of Law (1993 to present). Mr. Hirsch’s legal experience and experience in the real estate industry. |
Scott Robinson |
Mr. Scott L. Robinson is Independent Director of Monmouth Real Estate Investment Corporation. He is Managing Partner, Cadence Capital Group, LLC (2008 to present); Director, The REIT Center at New York University (2008 to present); Vice President Citi Markets and Banking (2006 to 2008) at Citigroup; Senior REIT and CMBS analyst at Standard & Poor’s, (1998 to 2006). Mr. Robinson’s experience in real estate finance and investment. |
Eugene Rothenberg |
Mr. Eugene D. Rothenberg is Independent Director of Monmouth Real Estate Investment Corporation. He is an Investor. Retired physician. Director (1977 to present) of UMH Properties, Inc., an affiliated company. |
Stephen Wolgin |
Mr. Stephen B. Wolgin is Independent Director of Monmouth Real Estate Investment Corporation. He is Managing Director of U.S. Real Estate Advisors, Inc. (2000 to present), a real estate advisory services group based in New York. Partner with the Logan Equity Distressed Fund (2007 to present). Director (2007 to present) of UMH Properties, Inc., an affiliated company. Prior affiliations with J.P. Morgan, Odyssey Associates, The Prudential Realty Group, Standard & Poor’s Corporation, and Grubb and Ellis. |
Susan Jordan |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Eugene Landy |
993,719 |
Michael Landy |
739,602 |
Kevin Miller |
76,923 |
Allison Nagelberg |
238,416 |
Anna Chew |
214,239 |
Daniel Cronheim |
-- |
Samuel Landy |
-- |
Catherine Elflein |
-- |
Neal Herstik |
-- |
Matthew Hirsch |
-- |
Scott Robinson |
-- |
Eugene Rothenberg |
-- |
Stephen Wolgin |
-- |
Susan Jordan |
-- |
As Of 29 Sep 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Eugene Landy |
390,000 | 389,350 |
Michael Landy |
0 | 0 |
Kevin Miller |
0 | 0 |
Allison Nagelberg |
0 | 0 |
Anna Chew |
50,000 | 110,750 |
Daniel Cronheim |
0 | 0 |
Samuel Landy |
0 | 0 |
Catherine Elflein |
0 | 0 |
Neal Herstik |
0 | 0 |
Matthew Hirsch |
0 | 0 |
Scott Robinson |
0 | 0 |
Eugene Rothenberg |
0 | 0 |
Stephen Wolgin |
0 | 0 |
Susan Jordan |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MILLER KEVIN S |
48 | $10.44 |
LANDY MICHAEL P |
25,000 | $8.28 |
CHEW ANNA T |
6,550 | $8.70 |
CHEW ANNA T |
50,000 | $8.28 |
CHEW ANNA T |
1,178 | $10.76 |
CHEW ANNA T |
5,000 | $10.76 |
CHEW ANNA T |
2,400 | $10.75 |
CHEW ANNA T |
11,179 | $10.75 |
CHEW ANNA T |
243 | $10.75 |
MILLER KEVIN S |
48 | $10.39 |
MILLER KEVIN S |
47 | $10.56 |
NAGELBERG ALLISON |
1,969 | $10.16 |
MILLER KEVIN S |
51 | $9.88 |
LANDY MICHAEL P |
2,200 | $10.35 |
LANDY MICHAEL P |
800 | $10.34 |
LANDY MICHAEL P |
100 | $10.11 |
LANDY MICHAEL P |
300 | $10.12 |
LANDY MICHAEL P |
200 | $10.15 |
LANDY MICHAEL P |
1,400 | $10.13 |
UMH PROPERTIES INC |
11,530 | $9.54 |
LANDY SAMUEL A |
50,000 | $9.50 |
LANDY MICHAEL P |
26,500 | $10.46 |
LANDY SAMUEL A |
26,500 | $10.46 |
LANDY MICHAEL P |
25,000 | $10.48 |
LANDY SAMUEL A |
25,000 | $10.48 |

