David L. Messenger, born in 1970, is a finance professional with a notable career in real estate investment trusts (REITs). He joined UDR, Inc. in 2002 as Vice President and Controller and quickly climbed the ranks to become the Chief...

Current Market Cap

$14.79B

Number of Employees

1.41K

Total Compensation

2008 - 2012

Trending up by 257.79% last year
Showing total compensation for the last 2008 - 2012

Stock

Up by 0.00% last year

Salary

Down by -58.33% last year

Bonus

Down by -100.00% last year

Other

Down by -14.81% last year

Year

2012

Total Compensation

$2.58M

Salary

$125.00K

Board Justification

The compensation philosophy aims to attract and retain executive talent while aligning the interests of executive officers with those of stockholders through market competitive compensation tied to performance.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2012 as Mr. Messenger resigned effective May 31, 2012.

Other

$17.08K

Board Justification

Includes $12,077 for Company paid health insurance and $5,000 for Company paid life insurance and disability insurance.

Restricted Stock

$2.43M(76.19K restricted stock)

Board Justification

76,190 shares of restricted stock vested in 2012 under the 2010-2012 Long-Term Incentive Program upon meeting specified performance targets.

Performance Metrics

The performance metrics for 2012 included funds from operations, same-store net operating income, and net financial capabilities.

SEC Filing

From April 8, 2013