Conor C. Flynn is the CEO of Kimco Realty Corporation, a leading player in the real estate industry, particularly known for its expertise in shopping center management. Conor has a solid educational background with a B.A. in Economics from Yale and a Master's in Real Estate Development from Columbia. He began his career at Kimco in 2003 and steadily climbed the ranks, eventually becoming CEO in 2016. Under his leadership, Kimco has focused on growth and smart investments, with performance metrics tied to key financial measures like Adjusted Funds From Operations and Earnings Before Interest, Taxes, Depreciation, and Amortization. His approach to compensation highlights performance, with incentive plans heavily linked to company success.

Current Market Cap

$16.89B

Number of Employees

660

Total Compensation

2019 - 2023

Trending down by -69.17% last year

Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -15.64% last year

Other

Up by 7.35% last year

2023 2022 2021 2020 2019 2018 2017 2016

Year

2023

Total Compensation

$3.95M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain executives capable of leading the Company to achieve its strategic goals, aligning management interests with those of stockholders.

Bonus

$2.92M

Board Justification

The bonus for calendar year 2023 was awarded based on the Committee’s review of Mr. Flynn’s performance, with a total annual cash incentive earned of $2,923,056, which is 200% of the target bonus based on individual contributions to the Company’s performance in 2023.

Other

$26.34K

Board Justification

Other compensation includes various benefits such as long-term care benefits and a milestone payment for service.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2023; only stock grants are mentioned.

Performance Metrics

The performance metrics for determining compensation included Adjusted FFO per diluted share, Recurring EBITDA, Leverage, and ESG performance.

SEC Filing

From March 25, 2024

View SEC Filing

Conor C. Flynn

CEO of Kimco Realty

Education

B.A. in Economics from Yale University; Master's in Real Estate Development from Columbia University

Field of Expertise

Real Estate & Construction - Real Estate

Born

January 1, 1981 - 43 years ago

Is Founder?

Current Tenure

8 years 10 months (Jan 2016 - Present)

Previous Experience

President, Chief Operating Officer and Chief Investment Officer of Kimco Realty Corp.

View Holdings

Insider Holdings of Conor C. Flynn

KIM

$34.43M

$8.79M (34.31%)

Last Insider Trade

KIM

375,649 shares

KIM

Feb 13, 2024

Received

Predecessor

David B. Henry

December 2009 - January 2016

Successor

None