Chief Accounting Officer
InvenTrust Properties Corp. (IVT)Equibles does not estimate personal net worth.
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Get IVT alertsMichael Phillips is recorded as Chief Accounting Officer at InvenTrust Properties Corp. (IVT) since April 10, 2020 and CFO at InvenTrust Properties Corp. (IVT). The proxy statement of InvenTrust Properties Corp. reports total compensation of $2,847,847 for Michael Phillips in fiscal 2025, including a base salary of $525,000. Disclosed compensation is on record for 5 fiscal years. Michael Phillips has spoken on 5 earnings calls across 1 company, most recently for InvenTrust Properties Corp. on February 11, 2026. InvenTrust Properties Corp. is classified in the REIT - Retail industry within the Real Estate sector. Other leadership on record at InvenTrust Properties Corp. includes Daniel J. Busch (CEO and Board Member), Julian E. Whitehurst (Chairman and Board Member), Christy L. David (COO) and 7 others.
“Most peers have highlighted a very competitive market. Do you think pricing has shifted? The level of competitiveness largely remained consistent.”
“Same-property NOI for the quarter was $44.3 million, representing a 6.4% increase compared to the same period last year. The growth was driven by embedded rent escalations, which contributed 160 basis points, along with occupancy gains and positive rent spreads, each adding 100 basis points.”
“Representing a 4.5% increase, our net acquisition assumption is $100 million for 2025. Further details on our guidance assumptions are available in our supplemental disclosure filed yesterday.”
“Same-property NOI for the quarter was $45.5 million, growing 6.5% over the third quarter of last year. The quarter-to-date increases were primarily driven by an increase in base rent of over 300 basis points, of which 150 basis points were embedded rent bumps.”
“Let me start with InvenTrust's financial performance. As we reported yesterday, our core FFO grew to $57.7 million for the first six months of 2022 or $0.85 per share, representing a year-over-year increase of 33%.”
2020-04-10–present
REIT - Retail · Real Estate
CFO, Chief Accounting Officer
2020-04-10–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | InvenTrust Properties Corp. (IVT) | Executive Vice President, Chief Financial Officer and Treasurer | $525,000 | $2,847,847 |
| 2024 | InvenTrust Properties Corp. (IVT) | Executive Vice President, Chief Financial Officer and Treasurer | $500,000 | $2,702,734 |
| 2023 | InvenTrust Properties Corp. (IVT) | Executive Vice President, Chief Financial Officer and Treasurer | $475,000 | $2,516,731 |
| 2022 | InvenTrust Properties Corp. (IVT) | Executive Vice President, Chief Financial Officer and Treasurer | $450,000 | $2,317,777 |
| 2021 | InvenTrust Properties Corp. (IVT) | Executive Vice President, Chief Financial Officer and Treasurer | $339,692 | $1,028,549 |
