Realty Income
#342
Rank
$54.34B
Marketcap
United States
Country
Evelyn Clark (Founder)
Kathleen R. Allen (Board Member)
Summary
Realty Income is a company providing shareholders with monthly income. Realty Income is a 45-year old, publicly traded real estate company dedicated to paying monthly dividends to its shareholders. The revenue to pay these dividends is generated from over 4,200 commercial properties in 49 states and Puerto Rico that we own under long-term leases, primarily with large commercial enterprises that operate multiple locations. Our shares are listed under the ticker symbol "O" on the New York Stock Exchange.
History
1969: Realty Income Corporation was founded in 1969 by William E. Clark and Evelyn J. Clark.
1970: Realty Income Corporation was founded in 1969 by William E. Clark and Evelyn J. Clark. Its first acquisition was a Taco Bell restaurant in early 1970.
1997: In 1997, William E. Clark, Jr., retired as CEO and was succeeded by Thomas A. Lewis.
2009: In 2009, Clark retired as chairman.
2013: In 2013, John P. Case succeeded Mr. In 2013, the company acquired American Realty Capital Trust, founded by Nicholas Schorsch, in a $2.95 billion transaction.
2015: In 2015, the company was added to the S&P 500 and the S&P High Yield Dividend Aristocrats index.
2018: In 2018, Sumit Roy became the company's CEO.
2019: In 2019, the company completed a sale-leaseback transaction for 12 properties of the United Kingdom supermarket chain Sainsbury's.
2021: On November 1, 2021, the company acquired VEREIT.
Mission
Accoriding to Realty Income, the company mission is: “to provide an engaging, diverse, and safe work environment for employees, operating our business in an environmentally conscious manner and upholding our corporate responsibilities as a public company for the benefit of stakeholders - shareholders, clients, colleagues, and community".
Vision
As stated in company website, the company vision is: “ to be a top 5 U.S. real estate investment trust, creating long-term value for stakeholders globally."
Key Team
Sumit Roy (President/CEO)
William Clark Jr. (Founder)
Kathleen R. Allen (Board Member)
A. Larry Chapman (Board Member)
A. Larry Chapman (Board Member)
A.J. Wright (Legal Counsel)
Cary J. Wenthur (Board Member)
Alec Hankins (Legal Counsel)
Christine Shookhoff (Board Member)
Alexis Isaac (Senior Associate-Acquisitions)
Christy Peters (Board Member)
April Ronchetti Little (Vice President)
Colleen Callahan (Board Member)
Austin DeLana (Vice President)
Eduardo Noguera (Board Member)
Evelyn Clark (Founder)
Gerardo Gerry (Board Member)
Kathleen R. Allen (Board Member)
Gerardo Issac Lopez (Board Member)
William Clark Jr. (Founder)
References
https://en.wikipedia.org/wiki/Realty_Income
https://www.zippia.com/realty-income-careers-57131/
https://sec.report/CIK/0000726728
https://companiesmarketcap.com/largest-companies-by-revenue/
https://www.forbes.com/companies/realty-income/?sh=49b8e7e47f2b
https://www.reuters.com/markets/companies/O/
https://www.reit.com/investing/reit-directory/realty-income-corporation
https://www.cnbc.com/quotes/O
https://www.bloomberg.com/profile/company/RY6:SW
Evelyn Clark (Founder)
Kathleen R. Allen (Board Member)