COPT Defense Properties (CDP)

24.43 -0.23 (-0.93%) At close: 04:00PM EDT

COPT Defense Properties

6711 Columbia Gateway Drive
Suite 300
Columbia, MD 21046-2383
United States
443 285 5400
https://www.copt.com

Sector(s): Real Estate
Industry: REIT - Office
Full-time employees: 410

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Stephen E. Budorick	President, CEO & Trustee	2.22M	N/A	1960
Mr. Anthony Mifsud	Executive VP & CFO	1.21M	N/A	1964
Mr. Britt A. Snider	Executive VP & COO	41.06k	N/A	N/A
Mr. Matthew T. Myers	Senior VP, Chief Accounting Officer & Controller	N/A	N/A	1984
Mr. Venkat Kommineni C.F.A.	Vice President of Investor Relations	N/A	N/A	N/A
Mr. David L. Finch	VP, General Counsel & Secretary	N/A	N/A	N/A
Ms. Sarah Blackwell Rowland	Director of Human Resources	N/A	N/A	N/A
Mr. Dean A. Lopez	Senior Vice President of Development & Construction	N/A	N/A	N/A
Mr. Frank W. Ziegler	Senior Vice President of New Business & Development Government Services	N/A	N/A	N/A
Mr. William S. Barroll	Managing SVP of Asset Management & Chief Business Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (“USG”) defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2023, the Company's Defense/IT Portfolio of 190 properties, including 24 owned through unconsolidated joint ventures, encompassed 21.7 million square feet and was 97.2% leased.

Corporate governance

COPT Defense Properties’s ISS governance QualityScore as of 1 May 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.