Patrick Carroll Net Worth – How Much Is Patrick Carroll Worth?

Have you ever wondered how much Patrick Carroll is worth? Well, you’re in luck. In this article, we will explore Patrick Carroll’s net worth and get a glimpse into his financial status and assets. Patrick Carroll, an executive in the real estate industry, has accumulated substantial wealth throughout his career. Let’s dive in and discover more about his fortune.

Key Takeaways:

Patrick Carroll’s estimated net worth is at least $14.6 million dollars.
He owns over 134,932 units of LXP Industrial Trust stock worth over $8,788,019.
Patrick Carroll makes $1,433,320 as the Executive Vice President and Chief Risk Officer at LXP Industrial Trust.
His extensive experience in the real estate industry has contributed to his financial success.
Patrick Carroll’s net worth has experienced significant growth over the years.

Patrick Carroll’s Career and Background

Patrick Carroll serves as the Executive Vice President and Chief Risk Officer of LXP Industrial Trust. He has been with the company since May 1998, initially joining as the Chief Financial Officer and Treasurer.

Prior to his tenure at LXP, Mr. Carroll gained valuable experience in the real estate industry. He worked for Coopers & Lybrand L.L.P., where he was involved in the real estate practice. With his extensive knowledge and expertise, he quickly became a valuable asset to the organization.

Patrick Carroll’s career trajectory has been impressive, showcasing his dedication and commitment to the real estate sector. He is a Certified Public Accountant, further demonstrating his credibility and proficiency in financial matters.

Highlights of Patrick Carroll’s Career:

Joined LXP Industrial Trust as Chief Financial Officer and Treasurer in May 1998.
Promoted to the role of Executive Vice President and Chief Risk Officer.
Played a pivotal role in the company’s financial management and risk assessment.
Worked for Coopers & Lybrand L.L.P. in the real estate practice.

Patrick Carroll’s remarkable career in the real estate industry underscores his wealth of experience and expertise. His contributions to LXP Industrial Trust have been instrumental in its success and growth.

Start Date
Position

May 1998
Chief Financial Officer and Treasurer

Present
Executive Vice President and Chief Risk Officer

Patrick Carroll’s Stock Trades

Patrick Carroll, Executive Vice President and Chief Risk Officer of LXP Industrial Trust, has been actively involved in stock trades since 2003. Over the years, he has made more than 26 trades of LXP Industrial Trust stock, demonstrating his engagement in the company’s financial activities. One notable trade includes the exercise of 134,932 units of LXP stock, valued at over $1 million. This transaction showcases Carroll’s confidence in the long-term potential of the company.

As of June 2016, Patrick Carroll still retains significant ownership in LXP Industrial Trust. He currently owns at least 885,889 units of LXP Industrial Trust stock, ensuring his continued alignment with the company’s success and growth.

Patrick Carroll’s stock trades are part of a larger trend within LXP Industrial Trust. Insiders of the company, including Carroll, have collectively traded over $125 million worth of stock in the past 21 years. This level of insider trading activity underscores the strong belief and commitment of the company’s key stakeholders, including Carroll, in the future prospects of LXP Industrial Trust.

LXP Industrial Trust Insiders Stock Trading Overview

Year
Insider
Type
Units Traded
Value

2022
Arun Gupta
Purchase
9,600
$127,232

2022
Laurence Ruckle
Exercise
23,100
$285,348

2021
Edward Archer
Disposal
4,993
$69,945

2021
Christopher Anderson
Disposal
12,087
$167,956

This table provides an overview of insider trading activity at LXP Industrial Trust, highlighting key trades by insiders, including recent transactions and their corresponding values. It further emphasizes the ongoing engagement of company insiders, such as Arun Gupta and Laurence Ruckle, in maximizing the potential returns for themselves and the company’s shareholders.

Patrick Carroll’s Salary and Compensation

As the Executive Vice President and Chief Risk Officer of LXP Industrial Trust, Patrick Carroll receives a total compensation of $1,433,320. This positions him as one of the top executives in the company. It is worth noting that the Chairman of the Board and CEO, T. Wilson Eglin, has the highest compensation, which amounts to $5,703,510.

Position
Executive
Compensation

Executive Vice President and Chief Risk Officer
Patrick Carroll
$1,433,320

Chairman of the Board and CEO
T. Wilson Eglin
$5,703,510

“The compensation package for Patrick Carroll reflects his valuable contributions to LXP Industrial Trust as the Executive Vice President and Chief Risk Officer. His expertise and leadership have been instrumental in the success of the company.”

While Patrick Carroll’s compensation is notable, it is essential to recognize the value he brings to the company through his role as Executive Vice President and Chief Risk Officer. His expertise in risk management is crucial in navigating the complex real estate industry.

Patrick Carroll’s Net Worth Over Time

Patrick Carroll’s net worth has experienced a positive trajectory throughout his career. As of 2016, his estimated net worth was $14.6 million. However, it is important to note that this data may have changed since then due to various factors such as investments, market fluctuations, and business ventures.

With his successful career in the real estate industry, it is highly likely that Patrick Carroll’s net worth has continued to grow. As an Executive Vice President and Chief Risk Officer at LXP Industrial Trust, his contributions to the company’s success have undoubtedly been reflected in his financial status.

While specific figures beyond 2016 are not available, it is evident that Patrick Carroll’s net worth has followed a positive growth trend over the years. His expertise, experience, and strategic decision-making have contributed to his financial success and solidified his position in the industry.

As his net worth continues to grow, Patrick Carroll remains a formidable force in the real estate sector and an inspiration to aspiring professionals. His accomplishments serve as a testament to his dedication, hard work, and ability to capitalize on opportunities within the market.

LXP Industrial Trust and its Overview

LXP Industrial Trust is a real estate investment trust that specializes in investing, owning, and managing commercial properties throughout the United States. The company focuses on properties that are net leased to major corporations, ensuring a steady stream of income.

With a diverse portfolio of properties, LXP Industrial Trust offers investors an opportunity to participate in the commercial real estate market. The company’s properties are strategically located in various cities across the country, providing exposure to different markets and industries.

In addition to its property investments, LXP Industrial Trust also offers investment advisory and asset management services. This allows the company to leverage its expertise and knowledge in the real estate industry to deliver value to its clients.

Key Features of LXP Industrial Trust:

Invests in commercial properties net leased to major corporations
Diverse portfolio of properties across the United States
Offers investment advisory and asset management services
Focuses on providing a steady stream of income for investors

Through its successful operations and strategic investments, LXP Industrial Trust has established itself as a reputable player in the real estate industry. The company’s ability to identify and acquire high-quality properties, paired with its commitment to delivering value to investors, sets it apart from other real estate investment trusts.

“LXP Industrial Trust’s focus on commercial properties leased to major corporations provides stability and long-term growth potential for investors.” – Real Estate Investment Analyst

Key Information
Details

Company Name
LXP Industrial Trust

Stock Ticker
LXP

Industry
Real Estate Investment Trust (REIT)

Founded
2002

Headquarters
Long Beach, California

CEO
T. Wilson Eglin

Website
https://www.lxp.com/

Insider Trading at LXP Industrial Trust

Insiders at LXP Industrial Trust, including Patrick Carroll, have actively been involved in trading the company’s stock. Over the past 21 years, insiders have conducted trades worth more than $125 million in LXP Industrial Trust stocks. This demonstrates the active engagement of insiders in the company’s financial activities and reflects their confidence in its performance.

The most recent insider trade was conducted by Arun Gupta, who purchased 9,600 units of LXP Industrial Trust stock in June 2022. This indicates the ongoing involvement of insiders in stock transactions and their belief in the company’s growth potential.

Patrick Carroll’s Role at LXP Industrial Trust

Patrick Carroll plays a crucial role at LXP Industrial Trust, where he holds the positions of Executive Vice President and Chief Risk Officer. With his extensive experience and expertise in the real estate industry, Carroll brings valuable insights and strategic guidance to the company. As a Certified Public Accountant, he is equipped to navigate the complex financial landscape and ensure sound risk management practices.

Carroll’s contributions have been instrumental in driving LXP Industrial Trust’s success and growth. His leadership and expertise have helped shape the company’s financial strategies, mitigate potential risks, and optimize operational performance. As Chief Risk Officer, Carroll actively assesses and manages risks, safeguarding the company’s assets and ensuring compliance with regulatory standards.

“Patrick Carroll’s role as Executive Vice President and Chief Risk Officer at LXP Industrial Trust highlights his valuable expertise and strategic leadership in the real estate industry. His contributions have been instrumental in driving the company’s success and ensuring sound risk management practices.”

Carroll’s position as Executive Vice President also grants him the authority to influence key decisions and strategies at LXP Industrial Trust. His comprehensive understanding of the company’s operations, financial landscape, and industry dynamics makes him a valuable asset in driving the company’s long-term growth and success.

As an accomplished professional with a track record of success, Patrick Carroll’s role at LXP Industrial Trust is integral to the company’s financial stability, risk management, and strategic direction.

Patrick Carroll’s Key Responsibilities:

Overseeing financial strategies and risk management practices at LXP Industrial Trust.
Assessing and managing potential risks to safeguard the company’s assets.
Contributing to key decision-making processes and strategic planning.
Ensuring compliance with regulatory standards and industry best practices.
Driving the company’s long-term growth and success through effective financial management and risk mitigation.

Patrick Carroll’s Expertise:

Extensive experience in the real estate industry.
Certified Public Accountant (CPA) with a strong financial acumen.
Comprehensive understanding of risk management principles and practices.
Strategic thinker with a track record of driving success in the real estate sector.
Effective leadership and decision-making skills.

Position
Responsibilities

Executive Vice President
Overseeing financial strategies and decision-making processes.

Chief Risk Officer
Assessing and managing potential risks, ensuring compliance, and safeguarding the company’s assets.

Patrick Carroll’s Age and Background

Patrick Carroll, a valuable asset to LXP Industrial Trust, brings a wealth of experience to the company. At 56 years old, he has been working at LXP Industrial Trust since 2019. Throughout his career, Carroll has held various positions in the real estate industry, establishing a strong background in the field. His expertise and knowledge contribute to his role as Executive Vice President and Chief Risk Officer, ensuring the company’s success.

Age
Background
Experience

56
Real Estate Industry
Extensive, with various positions held

Patrick Carroll’s Contributions to LXP Industrial Trust

Patrick Carroll, in his roles as Executive Vice President and Chief Risk Officer, has played a pivotal role in the success of LXP Industrial Trust. With his exceptional financial expertise and outstanding risk management skills, Carroll has made significant contributions to the growth and prosperity of the company.

Carroll’s leadership and strategic insight have been instrumental in expanding the company’s portfolio of commercial properties net leased to major corporations. His astute decision-making and ability to identify lucrative investment opportunities have had a positive impact on LXP Industrial Trust’s financial performance.

Furthermore, Carroll’s unwavering dedication to ensuring the company’s financial stability and mitigating risk has garnered him admiration from colleagues and industry professionals alike. His meticulous approach to managing risks and implementing effective risk management strategies has fostered a culture of resilience and stability within the organization.

Overall, Patrick Carroll’s valuable contributions, remarkable achievements, and profound impact at LXP Industrial Trust have solidified his position as an invaluable asset to the company. His unwavering commitment to excellence and his ability to navigate the complexities of the real estate industry have made him a key driver of LXP Industrial Trust’s continued success.

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