Karen Dearing
Board Member
Agree Realty Corp (ADC)Equibles does not estimate personal net worth.
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Karen Dearing is recorded as Board Member at Agree Realty Corp (ADC). The newest filing on record that lists Karen Dearing as Board Member at Agree Realty Corp (ADC) is dated April 2, 2026. Earlier roles on record: CFO at Sun Communities Inc (SUI) until May 2, 2022. Agree Realty Corp reported in an 8-K filed May 23, 2024 that Karen Dearing was appointed director, effective May 23, 2024. The proxy statement of Sun Communities Inc reports total compensation of $4,962,505 for Karen Dearing in fiscal 2022, including a base salary of $465,387. Disclosed compensation is on record for 6 fiscal years. Karen Dearing has spoken on 6 earnings calls across 1 company, most recently for Sun Communities Inc on July 26, 2021. Agree Realty Corp is classified in the REIT - Retail industry within the Real Estate sector. Other companies whose calls Karen Dearing spoke on are classified in the Real Estate sector. Other leadership on record at Agree Realty Corp includes Joel Agree (CEO and Board Member), Richard Agree (Chairman and Board Member), Peter Coughenour (CFO) and 7 others.
“To elect four directors to serve until the annual meeting of stockholders in 2027; and”
Karen Dearing on recent calls
“For the fourth quarter, Sun reported core FFO per share of $1.31, 12.9% above the prior year. For the 12 months ended December 31, 2021, core FFO per share was $6.51, which was $0.01 ahead of the top end of our 2021 revised guidance and an increase of 27.9% from 2020.”
“For the third quarter, Sun reported core FFO per share of $2.11, 31.9% above the prior year and $0.05 ahead of the top end of our third quarter guidance range. Outperformance was achieved across annual and transient RV and marinas.”
“For the second quarter, Sun reported core FFO per share of $1.80, 60.7% above the prior year and $0.17 ahead of the top end of our second quarter guidance range.”
“For the first quarter, Sun reported core FFO per share of $1.26, 3.3% above the prior year and $0.09 ahead of the top end of our first quarter guidance range.”
“I will be reviewing our financial results followed by a discussion of our balance sheet, our capital markets activities, and our expectations for the fourth quarter.”
Affiliation history
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Current
Start not stated–present
Last confirmed April 2, 2026
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Start not stated–2022-05-02
Company network
REIT - Residential · Real Estate
CFO
Leadership on record at Agree Realty Corp
- Joel Agree CEO, Board Member
- Richard Agree Chairman, Board Member
- Peter Coughenour CFO
- Simon J. Leopold CFO
- Nicole Witteveen COO
- Craig Erlich CIO
- Danielle Spehar General Counsel
- Stephen Breslin Chief Accounting Officer
- Gregory Lehmkuhl Board Member
- Jerome Rossi Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2022 | Sun Communities Inc (SUI) | Executive Vice President of Special Projects and former Executive Vice President, Treasurer, CFO and Secretary | $465,387 | $4,962,505 |
| 2021 | Sun Communities Inc (SUI) | Executive Vice President of Special Projects and former Executive Vice President, Treasurer, CFO and Secretary | $559,614 | $5,895,884 |
| 2020 | Sun Communities Inc (SUI) | Executive Vice President of Special Projects and former Executive Vice President, Treasurer, CFO and Secretary | $323,641 | $4,721,931 |
| 2019 | Sun Communities Inc (SUI) | Executive Vice President, Treasurer, Chief Financial Officer and Secretary | $425,000 | $3,735,597 |
| 2018 | Sun Communities Inc (SUI) | Executive Vice President, Treasurer, Chief Financial Officer and Secretary | $425,000 | $2,953,881 |
| 2017 | Sun Communities Inc (SUI) | Executive Vice President, Treasurer, Chief Financial Officer and Secretary | $425,000 | $2,959,999 |