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LXP Industrial Trust Executive Compensation (FY25)

LXP · New York, NY · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 20, 2026
229 figures on this page: 218 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
T. Wilson Eglin, Chairman, Chief Executive Officer and President, received $6,645,384 in total compensation for fiscal 2025, and compared with the $5,681,325 reported for fiscal 2024, Eglin's total was 17.0% higher. The company reported a chief executive pay ratio of 36:1 for fiscal 2025, against median employee compensation of $186,511. The say-on-pay proposal drew 94.8% support at the meeting held May 19, 2026 for fiscal 2025. The disclosed peer group includes Broadstone Net Lease, Inc., EastGroup Properties, Inc., Essential Properties Realty Trust, Inc., First Industrial Realty Trust Inc. and Getty Realty Corp., among others.
Chief executive, fiscal 2025
◇
T. Wilson Eglin
Median of the other named officers
$2,145,457
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 19, 2026
Chief executive pay ratio
◇
To the median employee
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 — T. Wilson Eglin: $5,681,325 → $6,645,384 (17.0% higher)
CEO pay ratio: 32:1 → 36:1 (12.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is LXP Industrial Trust's chief executive and what were they paid?
T. Wilson Eglin, Chairman, Chief Executive Officer and President, received $6,645,384 in total compensation for fiscal 2025. Compared with the $5,681,325 reported for fiscal 2024, Eglin's total was 17.0% higher.
What was LXP Industrial Trust's say-on-pay result?
The say-on-pay proposal drew 94.8% support at the meeting held May 19, 2026 for fiscal 2025.
Which companies are in LXP Industrial Trust's peer group?
The disclosed peer group includes Broadstone Net Lease, Inc., EastGroup Properties, Inc., Essential Properties Realty Trust, Inc., First Industrial Realty Trust Inc. and Getty Realty Corp., among others.
What is LXP Industrial Trust's chief executive pay ratio?
The company reported a chief executive pay ratio of 36:1 for fiscal 2025, against median employee compensation of $186,511.

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
T. Wilson Eglin
Chairman, Chief Executive Officer, and President
◇—◇—◇—◇◇
Joseph Bonventre
Executive Vice President Chief Operating Officer General Counsel and Secretary
◇—◇—◇—◇◇
Brendan Mullinix
Executive Vice President, and Chief Investment Officer
◇—◇—◇—◇◇
Beth Boulerice
Executive Vice President
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
T. Wilson Eglin
Chairman, Chief Executive Officer, and President
◇—◇—◇◇◇◇
Joseph Bonventre
Executive Vice President Chief Operating Officer General Counsel and Secretary
◇—◇—◇—◇◇
Brendan Mullinix
Executive Vice President, and Chief Investment Officer
◇—◇—◇—◇◇
Beth Boulerice
Executive Vice President
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
T. Wilson Eglin
Chairman, Chief Executive Officer, and President
◇—◇—◇—◇◇
Joseph Bonventre
Executive Vice President Chief Operating Officer General Counsel and Secretary
◇—◇—◇—◇◇
Nathan Brunner
Executive Vice President Chief Financial Officer and Treasurer
◇—◇—◇——◇
Brendan Mullinix
Executive Vice President, and Chief Investment Officer
◇—◇—◇—◇◇
Beth Boulerice
Executive Vice President
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
T. Wilson Eglin
Chairman, Chief Executive Officer and President
◇—◇—◇◇◇◇
Joseph Bonventre
Executive Vice President, Chief Operating Officer, General Counsel and Secretary
◇—◇—◇—◇◇
Brendan Mullinix
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Nathan Brunner
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
James Dudley
Executive Vice President and Director of Asset Management
◇—◇—◇—◇◇
Beth Boulerice
Executive Vice President and Former Chief Financial Officer
Departed during or after this year
◇———◇—◇◇
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
Brendan P. MullinixPSU◇◇◇—◇—◇
Brendan P. MullinixRSU◇——◇——◇
James DudleyPSU◇◇◇—◇—◇
James DudleyRSU◇——◇——◇
Joseph S. BonventreRSU◇——◇——◇
Joseph S. BonventrePSU◇◇◇—◇—◇
Nathan BrunnerPSU◇◇◇—◇—◇
Nathan BrunnerRSU◇——◇——◇
T. Wilson EglinPSU◇◇◇—◇—◇
T. Wilson EglinRSU◇——◇——◇
Fiscal 2022, 2023, 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
Nathan BrunnerPSU◇◇——
RSU◇◇——
James DudleyPSU◇◇——
RSU◇◇——
T. EglinPSU◇◇——
RSU◇◇——
Brendan MullinixPSU◇◇——
RSU◇◇——
Joseph BonventrePSU◇◇——
RSU◇◇——
Beth BoulericePSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jamie Handwerker
◇◇————◇
Howard Roth
◇◇————◇
Arun Gupta
◇◇————◇
Nancy Elizabeth Noe
◇◇————◇
Derrick Johnson
◇◇————◇
Lawrence L. Gray
◇◇————◇
Claire A. Koeneman
◇◇————◇
T. Wilson Eglin 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.
Audit committee chair◇
Compensation committee chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Broadstone Net Lease, Inc. BNL
  • EastGroup Properties, Inc. EGP
  • Essential Properties Realty Trust, Inc. EPRT
  • First Industrial Realty Trust Inc. FR
  • Getty Realty Corp. GTY
  • Global Net Lease Inc. GNL
  • Industrial Logistics Properties Trust ILPT
  • NNN REIT, Inc. NNN
  • Plymouth Industrial Realty, Inc. PLYM
  • Rexford Industrial Realty, Inc. REXR
  • STAG Industrial, Inc. STAG
  • Terreno Realty Corporation TRNO
  • W.P. Carey Inc. WPC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 27, 2025=◇◇◇
2023May 21, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 24, 2022=◇◇◇
2020May 18, 2021=◇◇◇
2019May 19, 2020=◇◇◇
2018May 21, 2019=◇◇◇
2017May 15, 2018=◇◇◇
2016May 18, 2017=◇◇◇
2015May 17, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact LXP Industrial Trust disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where LXP Industrial Trust 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 — $1,200
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.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
229 figures on this page: 218 cited to the filing that reported them, 11 calculated from figures it prints.
218 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000910108-26-000035
  2. 0000910108-26-000015
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 2 more sections
  3. 0000910108-25-000028
  4. 0001539497-25-001131
    COMPENSATION TABLES
  5. 0001444838-24-000074
  6. 0001539497-24-000782
    COMPENSATION TABLES
  7. 0001444838-23-000014
  8. 0001539497-23-000616
    Summary Compensation Table
  9. 0001539497-22-001080
  10. 0001444838-21-000016
  11. 0001444838-20-000012
  12. 0001444838-19-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001444838-18-000026
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001444838-17-000019
  15. 0001444838-16-000072
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Velarion, “LXP Industrial Trust executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/LXP (accessed 2026).
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Real Estate rankings

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

Peers LXP Industrial Trust discloses

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

Broadstone Net Lease, Inc.EastGroup Properties, Inc.Essential Properties Realty Trust, Inc.First Industrial Realty Trust Inc.Getty Realty Corp.Global Net Lease Inc.Industrial Logistics Properties TrustNNN REIT, Inc.Plymouth Industrial Realty, Inc.Rexford Industrial Realty, Inc.STAG Industrial, Inc.W.P. Carey Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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.  The Pay Desk · Methodology · Terms · Privacy