V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Real Estate

Global Net Lease Executive Compensation (FY25)

GNL · New York, NY · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Edward Weil, Jr.
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Member: every covered company in Real Estate, with dashboards, peer screens and board-ready briefs. Three seats, one year.
Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.

The paid brief on Global Net Lease

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
Data as of October 17, 2026Latest filing (8-K): May 26, 2026
8 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Global Net Lease brief$1,500Get the executive brief
Velarion Member, one year
221 figures on this page: 217 cited to the filing that reported them, 4 calculated from figures it prints. See the citations

More on Global Net Lease

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Edward Weil, Jr.: $5,232,889 → $8,879,785 (69.7% higher)
Say-on-pay support: 92.6% → 95.8% (3.2 points higher)
CEO pay ratio: 37.8:1 → 63.7:1 (68.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Global Net Lease's chief executive and what were they paid?
Edward Weil, Jr. was paid $8,879,785 in total compensation as Chief Executive Officer and President for fiscal 2025. Compared with the $5,232,889 reported for fiscal 2024, Weil, Jr.'s total was 69.7% higher.
What was Global Net Lease's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 95.8% of votes cast for or against in favor at the meeting held May 21, 2026.
Which companies are in Global Net Lease's peer group?
The disclosed peer group names Acadia Realty Trust, Agree Realty Corporation, Broadstone Net Lease, Inc., Empire State Realty Trust, Inc. and EPR Properties, among others.
What is Global Net Lease's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 63.7:1, against median employee compensation of $139,340.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Nelson
Former Co-Chief Executive Officer and President
Departed during or after this year
——◇———◇◇
Christopher Masterson
Chief Financial Officer Treasurer and Secretary
——◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Weil
Chief Executive Officer and President
◇◇◇———◇◇
Christopher Masterson
Chief Financial Officer Treasurer and Secretary
◇◇◇———◇— not reconciled
Jesse Galloway
General Counsel
◇◇◇———◇◇
James Nelson
Former Co-Chief Executive Officer and President
Departed during or after this year
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Weil
Chief Executive Officer and President
◇◇◇—◇—◇◇
Jesse Galloway
Executive Vice President and General Counsel
◇—◇—◇—◇◇
James Nelson
Former Co-Chief Executive Officer and President
Departed during or after this year
◇—————◇◇
Christopher Masterson
Chief Financial Officer, Treasurer and Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Weil, Jr.
Chief Executive Officer and President
◇—◇—◇—◇◇
Jesse Galloway
Executive Vice President and General Counsel
◇—◇—◇—◇◇
Christopher Masterson
Chief Financial Officer, Treasurer and Secretary
◇—◇—◇—◇◇
Ori Kravel
Chief Operating Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher J. MastersonRSU◇——◇——◇
Christopher J. MastersonPSU◇◇◇—◇—◇
Edward M. Weil JrPSU◇◇◇—◇—◇
Edward M. Weil JrRSU◇——◇——◇
Jesse C. GallowayRSU◇——◇——◇
Jesse C. GallowayRSU◇——◇——◇
Jesse C. GallowayPSU◇◇◇—◇—◇
Ori KravelPSU◇◇◇—◇—◇
Ori KravelRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Edward WeilRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Ori KravelRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jesse GallowayRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Christopher MastersonRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Christopher Masterson
Chief Financial Officer, Treasurer and Secretary · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Non-compete period◇
Non-solicit period◇
Jesse Galloway
Executive Vice President and General Counsel · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Leslie D. Michelson
◇◇————◇
P. Sue Perrotty
◇◇————◇
Stanley R. Perla
◇◇————◇
Edward G. Rendell
◇◇————◇
Lisa D. Kabnick
◇◇————◇
Dr. M. Therese Antone
◇◇————◇
Robert I. Kauffman
Board chair
◇◇————◇
Michael J.U. Monahan
◇◇————◇
Leon C. Richardson
◇◇————◇
Edward M. Weil, Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee member◇
Compensation committee chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Acadia Realty Trust AKR
  • Agree Realty Corporation ADC
  • Broadstone Net Lease, Inc. BNL
  • Empire State Realty Trust, Inc. ESRT
  • EPR Properties EPR
  • Essential Properties Realty Trust, Inc. EPRT
  • First Industrial Realty Trust, Inc. FR
  • Healthcare Realty Trust Incorporated HR
  • LXP Industrial Trust LXP
  • Medical Properties Trust, Inc. MPT
  • NNN REIT, Inc. NNN
  • Omega Healthcare Investors, Inc. OHI
  • Rexford Industrial Realty, Inc. REXR
  • Sabra Health Care REIT, Inc. SBRA
  • Urban Edge Properties UE
  • Veris Residential, Inc. VRE
  • W. P. Carey Inc. WPC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 23, 2024=◇◇◇
2020April 12, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Velarion Pro: every company page, peer tools and exports, one seat

One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Your address is used for this and nothing else, and you can unsubscribe in one click. See the privacy policy.

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Edward Weil, Jr. (Chief Executive Officer and President), FY2025 total compensation $8,879,785 (base salary $1,000,000) [exec_comp, SEC accession 0001140361-26-013666, filed 2026-04-07]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

Tell me when Global Net Lease files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Global Net Lease disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Global Net Lease sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether Global Net Lease's disclosed peer group is defensible, who names Global Net Lease back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
221 figures on this page: 217 cited to the filing that reported them, 4 calculated from figures it prints.
217 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001104659-26-066277
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-013666
    Compensation Of Directors · Grants of Plan-Based Awards · Grants of Plan-Based Awards for Fiscal Year 2025 · Outstanding Equity Awards at Fiscal Year-End · and 2 more sections
  3. 0001104659-25-052963
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-25-012840
    COMPENSATION TABLES · Summary Compensation Table
  5. 0001104659-24-066073
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-24-050211
    2023 Summary Compensation Table · Summary Compensation Table
  7. 0001526113-24-000007
    Employment Agreement
  8. 0001104659-21-049374
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Global Net Lease executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/GNL (accessed 2026).
Short form: data: Velarion

The paid brief for Global Net Lease

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
8 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Global Net Lease and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Peers Global Net Lease discloses

The companies named in GNL's own disclosed peer group.

Acadia Realty TrustAgree Realty CorporationBroadstone Net Lease, Inc.Empire State Realty Trust, Inc.EPR PropertiesEssential Properties Realty Trust, Inc.First Industrial Realty Trust, Inc.Healthcare Realty Trust IncorporatedLXP Industrial TrustMedical Properties Trust, Inc.NNN REIT, Inc.Omega Healthcare Investors, Inc.Rexford Industrial Realty, Inc.Sabra Health Care REIT, Inc.Urban Edge PropertiesVeris Residential, Inc.W. P. Carey Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy