The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. in Commerce & Business from the University of Alabama with a major in corporate finance. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The oldest executive at Medical Properties Trust Inc is Emmett E. McLean, 66, who is the Founder, Exec. Currently, Mr. Aldag is Chairman, President & Chief Executive Officer at this company and President, Chief Executive Officer & Chairman at MPT Australia Trust, Inc. (a subsidiary of Medical Properties Trust, Inc.). Your next question comes from the line of Sarah Tan with JPMorgan. Edward K. Aldag, Jr. - Chairman . Now this new generous endowment, personally supported by Melinda and Ed Aldag, will provide scholarships needed to successfully build a strong entrepreneurship program that is strategically vital to Birminghams future. [Operator Instructions] Please be advised that today's conference is being recorded. This period was basically March through April or May, so most of the second quarter our operators were essentially closed. There are 9 older and 3 younger executives at Medical Properties Trust Inc. We had some operators that are well over 100% of where they were in 2019. Pro forma for the investments and other transactions I have just described. If you look at our hospitals in the southern hemisphere, I think Australia has 130 patients left right now of COVID patients, that's in a fairly large country, and it's kind of isolated, obviously. So we feel very good. We were 100% correct about this. But we had hospitals all over this country that said totally [Indiscernible]. So just curious if you generally agree with that broad characterization for your portfolio of U.S. operators, without agreeing to those exact numbers, but just generally speaking, whether it makes sense to use those publicly traded comps, as a proxy for your underlying portfolio in the U.S. The entrepreneurship degree program officially launched in the fall of 2020. And then the election is less than a week away. Right, the low financing might make you think that that yields to come in, but then we've got, maybe there's a perceived risk premium. When COVID first hit every hospital that we owned greatly increase the size of their assay use. Under Ed's leadership, MPTs assets have grown to nearly $25 billion and the company has become the second largest U.S.-based owner of hospital beds, with more than 46,000 in its portfolio. Medical Properties Trust, Inc. (NYSE:MPW) Q2 2018 Results Earnings Conference Call August 2, 2018 11:00 AM ETExecutives. As the Chairman of the Board, President Chief Executive Officer of Medical Properties Trust Inc, the total compensation of Edward Aldag at Medical Properties Trust Inc is $17,253,400. I mean the acuity mix is leading to you know, EBITDA results that are maybe even slightly better than some of the volume trends. Whats the risk in wave two, if the cases continue to go up? He also serves on the board of Mitchells Place, benefitting children with autism, and as a member of the executive committee of the Birmingham Business Alliance. On average, Edward trades about 74,285 units every 74 days since 2005. $656.9 million (2021) Total assets: $20.519 billion (2021) Total equity: $8.445 billion (2021) Number of employees. The oldest executive at Medical Properties Trust Inc is Emmett E. McLean, 66, who is the Founder, Exec. In wave one, I suppose maybe the risk was holding bad. The gift will provide much-needed financial support to entrepreneurial students. medical properties trust, inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. results or future events to differ materially from those expressed in this call. Great, thanks. So it's really amazing to see where we've come since March, April, in May of last year of this year, or whichever last year. Mike, that's a fair question. in Commerce & Business from the University of Alabama with a major in corporate finance. Obviously most if not all of our buildings are single tenant occupancy. And clearly, if you look at the numbers, they are indeed trending up. The gift will offer students in the entrepreneurship program unmatched learning experiences, including the opportunity to work with and learn from Patrick J. Murphy, Ph.D., and Innovation Depot. With that, we'll turn the call back to the operator for questions. Edward Aldag Net Worth The estimated Net Worth of Edward K Jr Aldag is at least $139 Milione dollars as of 30 March 2022. Our hospitals across the board in Europe, Australia, and here in the U.S. are doing very well. Edward Aldag | Management | Medical Properties Trust, Inc. And then I remember when you were pursuing the German portfolio JV, the lead timer or the timing to get that transaction done, was first pretty long. Now that it looks like we're headed toward a higher number of COVID cases. Edward K. Aldag Jr. is the Founder, Chairman, Pres & CEO at Medical Properties Trust Inc. What is the salary of Mr Jr? What did change is the payer mix and how that number of dollars were allocated, but the hospitals continue to be paid. We will continue to see development activity, but from a dollar standpoint or percentage standpoint of portfolio, it will ever decrease just because we've grown so very big. So I appreciate that color, too. Two really for me. You can see the complete history of Mr. Aldag stock trades at the bottom of the page. From 1986 to 2001, Mr. Aldag managed two private real estate companies, Guilford Capital Corporation and Guilford Medical Properties, Inc. Mr. Aldag served as President and as member of the board of directors of Guilford Medical Properties, Inc. Mr. Aldag was the President of Guilford Capital Corporation from 1998 to 2001, served as Executive Vice President and Chief Operating Officer from 1990 to 1998, and was a member of the board of directors from 1990 to 2001. As predicted, the backlog of non-emergency surgeries has pushed surgical volumes back to pre COVID-19 levels at many of our hospitals, and some even ahead of budgeted and prior year numbers. . You can see the complete history of Mr. Aldag stock trades at the bottom of the page. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. In November 2017, he was selected as a member of the national advisory board of governors for NAREIT (the National Association of Real Estate Investment Trusts). On average, Edward trades about 74,285 units every 74 days since 2005. Last updated: 25 January 2023 at 8:36pm EST. Hi, Hi, good morning. Edward K. Aldag Jr. serves as Chairman of the Board, President, Chief Executive Officer of the Company. If you look at the people that are the number of people that are getting COVID, very few of them are ending up in the hospital like they did originally back in, in March, April, May and even June. The entrepreneurship program is designed to prepare students for success in the entrepreneurial sector with outreach-based educational experiences. mpt's financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations. As the Chairman of the Board, President e Chief Executive Officer of Medical Properties Trust Inc, the total compensation of Edward Aldag at Medical Properties Trust Inc is $17,253,400. The largest trade he's ever made was selling 710,000 units of Medical Properties Trust Inc stock on 30 March 2021 worth over $15,059,100. In other words, are you earning a return on the on the incremental amount, and then just, just in general in the pipeline? The University of Alabama's annual celebration of entrepreneurship and innovation, the Edward K. Aldag, . On average, Edward trades about 74,285 units every 74 days since 2005. I think the second part of your question was on developments. Mr. Aldag owns over 615,000 units of Medical Properties Trust Inc stock worth over $32,279,211 and over the last 18 years he sold MPW stock worth over $80,029,887. Mr. Aldag served as Vice Chairman of our Board of Dir. Most recently he sold 615,000 units of MPW stock worth $13,117,950 on 30 March 2022. UABs entrepreneurship program has grown quickly over the last few years. As the Chairman of the Board, President y Chief Executive Officer of Medical Properties Trust Inc, the total compensation of Edward Aldag at Medical Properties Trust Inc is $17,253,400. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Aldag Edward K Jr is the Chairman, President & CEO of Medical Properties Trust Inc and owns about 3,497,206 shares of Medical Properties Trust Inc (MPW) stock worth over $33 Million . medical properties trust, inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. As you saw from the remarks earlier, even without any federal grants and a two and a half month shut down. The estimated net worth of Aldag Edward K Jr is at least $33 Million dollars as of 2023-06-13. The estimated Net Worth of Edward K Jr Aldag is at least $130 Milho dollars as of 30 March 2022. EX-31 - SEC.gov Obviously short term, there may be a boost just because people think that, that the ACA is this wonderful thing for hospitals and, and without Trump, it probably won't go away. I think the good news from an overall world standpoint is this. Your next question comes from the line of Connor Siversky with Berenberg. And I appreciate all of your interest today. So it doesn't take many of those three patients to be COVID patients to make those numbers look skewed. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Exhibit 31.1. If you have an ad-blocker enabled you may be blocked from proceeding. We know how to treat these patients. From 1986 to 2001, Mr. Aldag managed two private real estate companies, Guilford Capital Corporation and Guilford Medical Properties, Inc. Mr. Aldag served as President and as member of the board of directors of Guilford Medical Properties, Inc. Mr. Aldag was the President of Guilford Capital Corporation from 1998 to 2001, served as Executive Vice President and Chief Operating Officer from 1990 to 1998, and was a member of the board of directors from 1990 to 2001. It's primarily in the nine countries that we're currently in it, which includes the U.S. Your next question comes from the line of Michael Carroll with RBC Capital Markets. Thank you, Ed. They have strong liquidity, strong operations, and none of them are suffering from any capacity issues or lack of supplies. So hopefully no one will make that mistake again. So in an attempt to show you as much clarity as we can, I'm going to report the EBITDARM coverage two ways. The shape of the world to come lies in the minds of young entrepreneurs, like those we have had the pleasure of working with at UAB for several years, said Edward K. Aldag Jr., chairman, president and CEO of Medical Properties Trust. Same store acute care EBITDARM coverage was 2.16 times that's even during the pandemic still coverage over two times, which represents a 29% decrease year-over-year. The models were showing a tremendous number of patients and beds that were needed, and that just didn't materialize. In addition, he makes $17,253,400 as Chairman of the Board, President e Chief Executive Officer at Medical Properties Trust Inc. Edward has made over 36 trades of the Medical Properties Trust Inc stock since 2008, according to the Form 4 filled with the SEC. The endowed scholarship is pending approval from the University of Alabama System Board of Trustees. Sign up for our email newsletter today. Edward K. Aldag Jr. serves as Chairman of the Board, President, Chief Executive Officer of the Company. With me today are Edward K. Aldag, Jr., Chairman, President and. It's also important to point out that by the end of this year we expect our real estate mortgage portfolio to represent less than one and a quarter percent of our assets. Edward Aldag Jr Net Worth & Insider Trades - Benzinga Medical Properties Trust, Inc. (MPW) CEO Edward K. Aldag, Jr. on Q2 Gary Wilkinson, Jr . This is how we continue to drive double digit and market leading FFO and AFFO growth. There are 9 older and 3 younger executives at Medical Properties Trust Inc. The most recent stock trade was executed by R Steven Hamner on 7 April 2022, trading 285,000 units of MPW stock currently worth $5,996,400. While the COVID pandemic has been a worldwide tragedy, it has absolutely further validated our model. Team 1 Birmingham Education Foundation Last updated: 25 January 2023 at 8:36pm EST. Now, second, with the grants included our same store portfolio EBITDARM coverage for all sectors for the trailing 12 months Q2, 2020 was 3.17 times. Going forward, it will have a miniscule impact on our yield. There are 9 older and 3 younger executives at Medical Properties Trust Inc. medical properties trust, inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. But as I said in my prepared remarks, it is amazing how everybody were working with is looking for opportunities right now. The recently announced NHS contract for up to 10 billion pounds for the private sector represents a significant opportunity to partner with the NHS on their increasing waitlist backlog, which is expected to approach 10 million people by the end of 2020. The first one is on Coverages. Again, these are great times for MPT. If you have any additional questions for us, please don't hesitate to reach out to Drew or Tim and we'll get back to you as quickly as we can. $0 was received in stock options, Their life together is centered around three grown children, and on philanthropic work across the broader community. I don't know if anything has changed there with COVID in terms of any of their situations that have opened up opportunities, and then maybe just ask another way more broadly, are there any different types of hospital owners or property types or regions where COVID has kind of changed the conversation and opened more opportunities, for acquisitions in the future. You may now disconnect. . Family Advisory Council & Family Ambassadors. We removed the two acute care properties from our same store reporting this quarter that are no longer owned by us. And our successful execution of it over the last couple of years is even more evidence of MPTs underwriting skill and structuring creativity. So, thanks. At this time, all participants lines are in a listen-only mode. As Ed has pointed out, this is a 24% increase over 2019s third quarter, and is consistent with the run rate guidance of $1 68 to $1 71, which we affirmed in this morning's press release and the midpoint of which is a 31% increase over 2019 actual annual results. Mr. Aldag served as Vice Chairman of our Board of Directors from August 2003 until March 2004 and as our Secretary from August 2003 until March 2005. But our hospitals are good, good liquidity positions. Our experience tells us that in any case, the same doctors will treat the same patients, overall spending will grow, and our rent will be paid regardless of changes resulting in shifts in payer mix at any related health care insurance reform. Edward has made over 36 trades of the Medical Properties Trust Inc stock since 2008, according to the Form 4 filled with the SEC. The largest trade he's ever made was selling 710,000 units of Medical Properties Trust Inc stock on 30 March 2021 worth over $15,059,100. We just haven't seen that, what we have continued to see is the not for profit's really moving toward the selling as opposed to these types of routes. Led by Chairman, President and Chief Executive Officer, Edward K. Aldag, Jr., the executives of MPT rely on a vast understanding of the healthcare industry and healthcare finance to grow the company and impact the world. Good morning Ed and Steve, thanks for taking the question. In 2017, Mr. Aldag was selected as a member of the national advisory board of governors for NAREIT, the National Association of Real Estate Investment Trusts. In addition, and also in early August, we acquired the BMI Woodlands Hospital in the U.K. that is operated by Circle Health for 29.4 million. Want to learn more? . And again, given the continuing search by these institutions for yield, we think we could, we could accelerate, the underwriting and closing process. Thank you, Charles, and thank you everyone for listening in today to our 2020 third quarter earnings call. Again, I'm not pointing fingers at anyone. So should they be required to repay the advances, they are in good shape to do so with plenty of excess liquidity. Medical Properties Trust, Inc. (MPW) CEO Edward K. Aldag, Jr. on Q2 All three of these highly sought after facilities provide cash and gap yields that generate immediate and strong persevere accretion. And moreover, we are not yet recognizing revenue at our two active development projects or from our significant number of expansion and renovation projects, which in the aggregate contribute meaningfully to our earnings growth. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. I think that in hindsight, that's probably all we could do, because we didn't know. One of the things that is just now starting to be reported and we'll probably learn more about it in in five years or so are the number of people that died because not of COVID directly, but because of the fact that they couldn't get to a hospital that they needed to be treated. Two answers to that question. And we're scared to where this was going to go. UAB - The University of Alabama at Birmingham, Goodrich Endowed Chair in Innovation and Entrepreneurship, 2023 The University of Alabama at Birmingham. But it is comforting to know one thing is constant, that the quality healthcare we continue -- will continue to be delivered in hospitals throughout the world. The other big issue being we've been through it now. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, You can also refer to our website at www.medicalpropertiestrust.com for the most directly comparable financial measures and related reconciliations. Edward Aldag is 56, he's been the Chairman of the Board, President y Chief Executive Officer of Medical Properties Trust Inc since 2005. Keep up with whats happening in the OTM area! Now let me provide a quick update on our existing portfolio. And most importantly, I think, is what I reported earlier, or what everybody has reported, but what I commented on earlier is, is the lower mortality rates. At UAB, we are building the best university entrepreneurship program in the country by thinking globally and acting locally, Murphy said. The estimated Net Worth of Edward K Jr Aldag is at least $134 Million dollars as of 30 March 2022. Yes, I appreciate that color. As Chairman, Chief Executive Officer and President at MEDICAL PROPERTIES TRUST, There are no further questions at this time. Overall, we will be able to dramatically enhance our capacity to deliver a rigorous entrepreneurship education that is accessible to any deserving student who is ready to work hard and work smart.. As mentioned last quarter, we continue to expect our first property investment in Colombia to close in the fourth quarter, ahead of value of roughly $135 million, including facility improvements that were not included in our initial $100 million estimate. All right. Your next question comes from the line of Michael Lewis with Truist. Quick one really, could you touch on portfolio vacancy at all? "Ten years ago, I started a company with just an idea and determination," Aldag said. In 2017, Mr. Aldag was selected as a member of the national advisory board of governors for NAREIT, the National Association of Real Estate Investment Trusts. PDF United States District Court Southern District of New York Class Action Ed Aldag launched Medical Properties Trust, Inc. (NYSE: MPW) in 2003 as the nation's only real estate investment trust (REIT) focusing exclusively on hospitals. Edward Aldag is 56, he's been the Chairman of the Board, President, and Chief Executive Officer of Medical Properties Trust Inc since 2005. The hospitals weren't shut down. Sign up to receive email updates and to hear what's going on Over The Mountain! So even if you hear a hospital that's that the news is reported, may be running out of ICU beds, that's probably a bed number.
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