SRG · Seritage Growth Properties
$2.27
+0.00 (+0.00%)
At close · Aug 14
View the 10-Q filed May 15, 2026
Going-concern doubt
— cleared Aug 14, 2026
The latest filing states the doubt was alleviated.
“As a result, the Company has concluded that management’s plans alleviate substantial doubt about the Company’s ability to continue as a going concern as of June 30, 2026.”View the 10-Q filed Aug 14, 2026
Customer concentration
— top 2 customers 43.5% of revenue
2 customers — 43.5% of revenue (As of March 31, 2026)
“As of March 31, 2026, the Company has two tenants that comprise 43.5% and 32.0%, respectively, of annualized base rent, with no other tenants exceeding 10.0% of annualized base rent.”
2 customers — 32% of revenue (As of March 31, 2026)
“As of March 31, 2026, the Company has two tenants that comprise 43.5% and 32.0%, respectively, of annualized base rent, with no other tenants exceeding 10.0% of annualized base rent.”
Market Cap
$127.86M
Shares
56.32M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Andrea L. Olshan | Former Chief Executive Officer and President | $6,386,016 |
| Matthew Fernand | Chief Legal Officer and Corporate Secretary | $2,010,535 |
| Eric Dinenberg | Chief Operating Officer | $1,893,092 |
| Adam Metz | Chief Executive Officer and President | $822,581 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Andrea L. Olshan | Former Chief Executive Officer and President | $5,179,744 |
| Matthew Fernand | Chief Legal Officer and Corporate Secretary | $1,819,131 |
| Eric Dinenberg | Chief Operating Officer | $1,712,935 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Andrea L. Olshan | Former Chief Executive Officer and President | $2,404,615 |
| Matthew Fernand | Chief Legal Officer and Corporate Secretary | $1,553,825 |
| Eric Dinenberg | Chief Operating Officer | $1,463,200 |
| John Garilli | Interim Chief Financial Officer | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Andrea L. Olshan | Chief Executive Officer and President | $4,411,262 |
| Matthew Fernand | Chief Legal Officer and | $1,578,954 |
| Eric Dinenberg | Chief Operating Officer | $1,486,794 |
| Amanda Lombard | Former Chief Financial Officer | $23,077 |
| John Garilli | Interim Chief Financial Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Andrea L. Olshan | Chief Executive Officer and President | $5,535,608 |
| Eric Dinenberg | Chief Operating Officer | $1,317,263 |
| Corporate Secretary | — | $1,200,749 |
| Matthew Fernand | Chief Legal Officer and Corporate Secretary | $1,200,749 |
| Amanda Lombard | Former Chief Financial Officer | $1,141,075 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Benjamin Schall | Former Chief Executive Officer and President | $2,288,554 |
| Ken Lombard | Chief Operating Officer and Executive Vice President | $961,403 |
| Matthew Fernand | Chief Legal Officer and Corporate Secretary | $854,281 |
| Brian Dickman | Former Chief Financial Officer and Executive Vice President | $798,343 |
| Mary Rottler | Executive Vice President of Leasing and Operations | $627,680 |
| Amanda Lombard | Former Chief Financial Officer | $433,343 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Benjamin Schall | Former Chief Executive Officer and President | $4,096,191 |
| Brian Dickman | Chief Financial Officer and Executive Vice President | $1,175,674 |
| Ken Lombard | Chief Operating Officer and Executive Vice President | $1,159,435 |
| General Counsel | Executive Vice President, and Secretary | $1,004,839 |
| Matthew Fernand | General Counsel, Executive Vice President, and Secretary | $1,004,839 |
| Mary Rottler | Executive Vice President of Leasing and Operations | $750,270 |
| James Bry | Executive Vice President of Development and Construction | $709,975 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Benjamin Schall | Former Chief Executive Officer and President | $8,872,766 |
| Brian Dickman | Former Chief Financial Officer and Executive Vice President | $1,791,223 |
| General Counsel | Executive Vice President, and Secretary | $1,622,385 |
| Matthew Fernand | General Counsel, Executive Vice President, and Secretary | $1,622,385 |
| Ken Lombard | Chief Operating Officer and Executive Vice President | $1,227,247 |
| Mary Rottler | Executive Vice President of Leasing and Operations | $1,202,860 |
| James Bry | Executive Vice President of Development and Construction | $1,174,028 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Brian Dickman | Chief Financial Officer and Executive Vice President | $1,254,504 |
| Matthew Fernand | General Counsel, Executive Vice President, and Secretary | $1,065,189 |
| Mary Rottler | Executive Vice President of Leasing and Operations | $758,211 |
| James Bry | Executive Vice President of Development and Construction | $756,439 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Adam Metz | Chief Executive Officer and President | Appointed | 2025-07-01 |
| Adam Metz | Interim Chief Executive Officer and President | Appointed | 2025-03-28 |
| Andrea L. Olshan | member of the Board | Resigned | 2025-03-28 |
| Andrea L. Olshan | Chief Executive Officer and President | Resigned | 2025-03-28 |
| Allison L. Thrush | Board of Trustees | Resigned | 2023-06-08 |
| Mark Wilsmann | Board of Trustees | Resigned | 2023-06-08 |
| Mitchell Sabshon | Board of Trustees | Resigned | 2023-06-08 |
| Adam Metz | Board of Trustees | Resigned | 2023-06-08 |
| John T. McClain | Board of Trustees | Resigned | 2023-06-08 |
| Mark Wilsmann | trustee of the Company | Appointed | 2022-04-28 |
| Talya Nevo-Hacohen | trustee of the Company | Appointed | 2022-04-28 |
| Mitchell Sabshon | trustee of the Company | Appointed | 2022-04-28 |
| Adam S. Metz | trustee | Appointed | 2022-03-31 |
| Edward S. Lampert | Chairman of the Company's Board of Trustees | Retired | 2022-03-01 |