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Tanger Outlets Announces Sandeep Mathrani Elected to its Board of Directors


Tanger Outlets Announces Sandeep Mathrani Elected to its Board of Directors
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GREENSBORO, N.C., June 4, 2021 /PRNewswire/  Tanger Factory Outlet Centers, Inc (NYSE: SKT) announced today that Sandeep Mathrani has been elected to its Board of Directors, effective immediately. Mr. Mathrani is currently the Chief Executive Officer of WeWork Inc. and brings with him more than three decades of professional experience and insight.
(PRNewsfoto/Tanger Factory Outlet Centers, Inc.)
I am thrilled to welcome Sandeep to the Tanger Board and look forward to working closely with him as we envision the future of Tanger Outlets, said Stephen Yalof, President and Chief Executive Officer. Mr. Mathrani will further strengthen the talent represented on our Board. ....

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Gap between CEO, employee compensation continued to widen in 2020 in the Triad


The Winston-Salem Journal does a review each year of CEO compensation for 29 corporations based in the Triad or that have significant operations and workforces here.
For fiscal 2020, the chief executives of 15 corporations received at least $100 in compensation for every $1 paid to their median employee. Median is defined as the middle value in a list of numbers.
Median employee compensation factors in regular pay, overtime, bonuses, incentives, allowances and paid time off.
During the early stages of the pandemic, there was speculation among financial analysts that the CEO pay ratio gap might shrink during 2020.
Several corporations temporarily reduced executive management compensation by between 10% and 50%, along with requiring rank-and-file employees to be furloughed for several weeks or receive lower pay for reduced hours. ....

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Tanger Factory Outlet Centers Inc (SKT) Q1 2021 Earnings Call Transcript


Senior Vice President, Investor Relations
Good morning. This is Cyndi Holt, Senior Vice President of Finance and Investor Relations, and I would like to welcome you to the Tanger Factory Outlet Centers First Quarter 2021 Conference call. Yesterday evening, we issued our earnings release as well as our supplemental information package and investor presentation. This information is available on our Investor Relations website, investors.tangeroutlets.com. Please note that, during this conference call, some of management s comments will be forward-looking statements that are subject to numerous risks and uncertainties, and actual results could differ materially from those projected.
We direct you to our filings with the Securities and Exchange Commission for a detailed discussion of these risks and uncertainties. During the call, we will also discuss non-GAAP financial measures as defined by SEC Regulation G, including funds from operations, or FFO; core FFO, same-center net ....

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DiGiCo Plays a Major Role at the New Steven Tanger Center for the Performing Arts


DiGiCo Plays a Major Role at the New Steven Tanger Center for the Performing Arts
USA – When the Steven Tanger Center for the Performing Arts in downtown Greensboro, North Carolina opens for regular performances later this year, the $91 million, 3,023-seat performing arts facility will give a city with more than its share of arts and culture a new crown jewel. Named for Steven Tanger, CEO of Tanger Factory Outlet Centers, who pledged $7.5 million toward the project, the new venue will host performances by the Greensboro Symphony and Guilford College s Bryan Series of acclaimed lectures, as well as touring Broadway productions and concerts. ....

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