Equity Lifestyle Properties Sets 2026 Executive Bonus Plan Tied to Performance Targets

Reuters
Feb 10
Equity Lifestyle Properties Sets 2026 Executive Bonus Plan Tied to Performance Targets

Equity Lifestyle Properties Inc. has approved its 2026 Executive Bonus Plan, setting bonus potentials based on the achievement of specific performance targets. Under the plan, CEO Marguerite Nader is eligible for a bonus up to 290% of her annual salary, while President and COO Patrick Waite, CFO Paul Seavey, and Chief Legal Officer David Eldersveld can each earn bonuses up to 220% of their annual salaries. Seventy percent of the bonus potential is tied to operational targets such as core MH and RV revenues, site and member optimization, net operating income, and expense control. The remaining 30% is awarded at the discretion of the Compensation Committee based on its assessment of various strategic initiatives. If certain financial stretch goals are exceeded, the total bonus pool may increase by up to $889,804 to be shared among the executive officers. Bonus payments will be made in cash after the close of the 2026 fiscal year and subject to committee approval.

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