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Get AAT alertsErnest Rady is recorded as Chairman and CEO at American Assets Trust, Inc. (AAT). American Assets Trust, Inc. reported in an 8-K filed December 5, 2024 that Ernest Rady was appointed Executive Chairman, effective January 1, 2025. The proxy statement of American Assets Trust, Inc. reports total compensation of $3,336,220 for Ernest Rady in fiscal 2023, including a base salary of $700,000. Disclosed compensation is on record for 7 fiscal years. Ernest Rady has spoken on 19 earnings calls across 1 company, most recently for American Assets Trust, Inc. on February 5, 2025. American Assets Trust, Inc. is classified in the REIT - Diversified industry within the Real Estate sector. Other leadership on record at American Assets Trust, Inc. includes Adam Wyll (CEO and COO), Ernest S. Rady (Chairman) and Robert F. Barton (CFO).
“Mr. Rady will transition from Chief Executive Officer to Executive Chairman effective as of January 1, 2025”
“And I think that, Adam, as you said earlier, after it closes, we'll explain the rationale. I think there is a compelling rationale for the transactions.”
“At American Assets Trust, we've always emphasized that our strength lies in our diversified high-quality portfolio, top-tier operating platform, disciplined financial strategy, and our highly experienced and capable management team.”
“At American Assets Trust, I can assure you every strategic and operational decision is driven by our commitment to maximize, both long and short-term value.”
“As we reflect on the first quarter of 2024, I am pleased to report – no, very pleased to report that despite the challenging economic backdrop, American Assets Trust had a healthy start to this year.”
“Thanks, Adam, and good morning, everybody, and thank you all shareholders for your continued support. I wanted to reiterate our continuing focus on making disciplined business decisions that will support the growth of our earnings and shareholder wealth over the long term.”
REIT - Diversified · Real Estate
Chairman, CEO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | American Assets Trust, Inc. (AAT) | CEO | $700,000 | $3,336,220 |
| 2022 | American Assets Trust, Inc. (AAT) | CEO | $650,000 | $5,078,174 |
| 2021 | American Assets Trust, Inc. (AAT) | CEO | $612,000 | $5,061,774 |
| 2020 | American Assets Trust, Inc. (AAT) | CEO | $600,000 | $4,433,798 |
| 2019 | American Assets Trust, Inc. (AAT) | CEO | $545,900 | $3,784,465 |
| 2018 | American Assets Trust, Inc. (AAT) | CEO | $530,000 | $3,943,250 |
| 2017 | American Assets Trust, Inc. (AAT) | CEO | $515,000 | $2,472,468 |
