Donald C. Wood has been the Chief Executive Officer of Federal Realty Investment Trust since 2003. He has a long history with the company, initially joining in 1998 as Chief Financial Officer. Under his leadership, Federal Realty has consistently focused...

Current Market Cap

$9.54B

Number of Employees

322

Total Compensation

2019 - 2023

Trending down by -1.50% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -2.10% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Down by -6.74% last year

Year

2023

Total Compensation

$7.99M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate talented executives while aligning their interests with those of shareholders through performance-based pay.

Bonus

$1.41M

Board Justification

The annual bonus is based on the company's performance metrics, specifically FFO per diluted share, with a final payout of 125% of the target bonus.

Other

$33.01K

Board Justification

Other compensation includes contributions to the 401(k) plan and payments for various life and medical-related insurance.

Restricted Stock

$5.55M(50.48K common stock)

Board Justification

The stock that vested in 2023 was part of the long-term incentive program, which is based on performance metrics over a three-year period and vests equally over three years.

Performance Metrics

The performance metrics for determining compensation include FFO per diluted share, total shareholder return relative to peers, and individual performance assessments.

SEC Filing

From March 22, 2024