Robert Wiberg - Piedmont Office President

PDM Stock  USD 9.44  0.08  0.85%   

President

Mr. Robert K. Wiberg serves as Executive Vice President MidAtlantic Region and Head of Development of the Piedmont Office Realty Trust, Inc since 2020.
Age 68
Tenure 4 years
Address 5565 Glenridge Connector, Atlanta, GA, United States, 30342-4788
Phone770 418 8800
Webhttps://www.piedmontreit.com
Wiberg is responsible for all leasing, property management, asset management, acquisitions and dispositions in the MidAtlantic Region, as well as all development projects nationwide. Piedmont’s MidAtlantic Region is comprised of approximately two million square feet of office space located primarily in the metropolitan Washington, D.C. area. His previous tenures include Brandywine Realty Trust as EVP, Prentiss Properties, Cadillac Fairview and Coldwell Banker . As a recognized industry leader, he has served on the board of directors of the Northern Virginia Chapter of NAIOP and the board of the Arlington Partnership for Affordable Housing and currently serves on the board of the Ballston Business Improvement District.

Robert Wiberg Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Wiberg against Piedmont Office stock is an integral part of due diligence when investing in Piedmont Office. Robert Wiberg insider activity provides valuable insight into whether Piedmont Office is net buyers or sellers over its current business cycle. Note, Piedmont Office insiders must abide by specific rules, including filing SEC forms every time they buy or sell Piedmont Office'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Piedmont Office Management Efficiency

The company has Return on Asset of 0.0115 % which means that on every $100 spent on assets, it made $0.0115 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0454) %, meaning that it generated no profit with money invested by stockholders. Piedmont Office's management efficiency ratios could be used to measure how well Piedmont Office manages its routine affairs as well as how well it operates its assets and liabilities.
Piedmont Office Realty has 2.1 B in debt with debt to equity (D/E) ratio of 0.92, which is OK given its current industry classification. Piedmont Office Realty has a current ratio of 0.46, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Piedmont to invest in growth at high rates of return.

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is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. At the end of the third quarter, approximately 63 percent of the companys portfolio was ENERGY STAR certified and approximately 41 percent was LEED certified. Piedmont Office operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 134 people. Piedmont Office Realty (PDM) is traded on New York Stock Exchange in USA. It is located in 5565 Glenridge Connector, Atlanta, GA, United States, 30342-4788 and employs 150 people. Piedmont Office is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Piedmont Office Realty Leadership Team

Elected by the shareholders, the Piedmont Office's board of directors comprises two types of representatives: Piedmont Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Piedmont. The board's role is to monitor Piedmont Office's management team and ensure that shareholders' interests are well served. Piedmont Office's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Piedmont Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert CPA, Executive Officer
Jon Kuskie, Vice Initiatives
Edward III, Treasurer Fin
Barbara Lang, Independent Director
Joseph Pangburn, Executive Vice President - Southwest Region
Kelly Barrett, Independent Director
Christopher Smith, CEO President
Robert Wiberg, Executive Vice President - Mid-Atlantic Region and Head of Development
Christopher Kollme, Executive Vice President - Investments and Strategy
Damian CFA, Executive Region
C Smith, President, Chief Executive Officer, Chief Investment Officer, Director
Thomas McKean, Associate VP
Lisa Tyler, Senior Resource
Wesley Cantrell, Independent Director
Laura Moon, Chief Accounting Officer, Senior Vice President
Frank McDowell, Chairman of the Board of director& Independent Director
Alex Valente, Executive Vice President - Southeast Region
Glenn Cohen, Independent Director
Jeffrey Swope, Independent Director
Edward Guilbert, Executive Vice President - Finance, Treasurer, Assistant Secretary
George Wells, Executive Vice President - Real Estate Operations
Dale Taysom, independent Vice Chairman of the Board of Directors
Thomas Prescott, Executive Vice President - Midwest Region and Co-Head of Development
Robert Bowers, Chief Financial and Administrative Officer, Executive Vice President
Sherry CFA, CFO VP
Kevin Fossum, Executive Management

Piedmont Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Piedmont Office a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
0.5
Earnings Share
(0.63)
Revenue Per Share
4.621
Quarterly Revenue Growth
(0.05)
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.