Angela L. Kleiman has been leading Essex Property Trust, Inc. as CEO since April 2023. She has a strong background in the real estate sector, having joined the company in 2009. Starting as the head of the co-investment platform, she...

Current Market Cap

$19.38B

Number of Employees

1.75K

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$4.17M

Salary

$862.50K

Board Justification

The compensation philosophy aligns executive compensation with performance metrics and stockholder interests, emphasizing pay-for-performance and market competitiveness.

Bonus

$2.17M

Board Justification

Annual cash bonus based on achievement of corporate performance goals and individual performance goals, with an average payout of 150% of target for 2023.

Other

$47.82K

Board Justification

Includes contributions to 401(k), health benefits, and other perquisites.

Restricted Stock

$1.10M(4.88K RSU)

Board Justification

Stock awards that vested in 2023, reflecting performance-based vesting from previous grants.

Performance Metrics

Core FFO per diluted share growth and same-property NOI growth.

SEC Filing

From March 28, 2024