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Frederick C. Tuomi served as the CEO of Invitation Homes Inc., leading the company through a period marked by significant growth. Before joining Invitation Homes in 2017, Tuomi had an extensive career in real estate, holding various leadership roles including...

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Frederick C. Tuomi

Ex-CEO of Invitation Homes

Education

Bachelor's degree from the University of Southern California.

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1958 - 67 years ago

CEO of Invitation Homes for

1 year 3 months (Sep 2017 - Jan 2019)

Previous Experience

CEO of Starwood Waypoint Homes, Co-President of Colony American Homes, Executive Vice President at Equity Residential.

Holdings

See how much did Frederick C. Tuomi make over time.

During his time at Invitation Homes, Frederick C. Tuomi held a significant amount of stock in the company. His stock holdings saw fluctuations with values reaching as high as $27.85 million in late 2021, signaling strong market performance. In 2020,...

Mar 18, 2025

Total Stock Sold

$24.36M

EQR

$24.36M

411,182.771 EQR shares

What if they kept their stock?

If Frederick C. Tuomi didn't sell their stock, today they would have:
Extra EQR411,182.771 shares worth $26.83M.
This is 10.14% and $2.47M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Frederick C. Tuomi.

INVH

74,168 shares

INVH

Mar 1, 2018

Received

INVH

526,756 shares

INVH

Nov 16, 2017

Received

EQR

6,644 shares

EQR

Jun 13, 2013

Received

EQR

$100.00K

EQR at $46.78/share

Feb 28, 2013

Received

EQR

$304.72K

EQR at $60.94/share

Aug 29, 2012

Sale

EQR

$916.17K

EQR at $61.08/share

Aug 24, 2012

Sale

EQR

$965.50K

EQR at $60.03/share

Aug 21, 2012

Sale

EQR

$904.28K

EQR at $60.29/share

Aug 17, 2012

Sale

EQR

$655.49K

EQR at $60.04/share

Aug 13, 2012

Sale

EQR

$1.27M

EQR at $63.42/share

Jul 30, 2012

Sale

Compensation History

See how much did Frederick C. Tuomi make over time.

Frederick C. Tuomi's compensation package as CEO of Invitation Homes was notably lucrative. In 2018, he earned nearly $9.8 million, with $800,000 as his base salary. The bulk of his earnings came from a performance-based bonus of $1.194 million and vested stock worth around $7.8 million. This compensation structure was aimed at attracting and retaining top talent while tying his pay to the company's performance metrics, like revenue growth. Tuomi’s role also included a unique sign-on equity award worth $7 million when he joined, crucial for his transition into the role during a major merger, aligning his financial interests with company success. His compensation addressed both immediate rewards and long-term incentives, quite typical for executives in high-stakes industries like real estate investing.

Year

2018

Total Compensation

$9.84M

Salary

$800.00K

Board Justification

The compensation philosophy is designed to attract and retain high-quality talent, aligning executive pay with performance and stockholder interests through a significant portion of performance-based compensation.

Bonus

$1.19M

Board Justification

Annual cash incentive based on performance metrics including AFFO per share, Same Store Core Revenue Growth, and individual performance goals.

Other

$44.13K

Board Justification

Expenses incurred in connection with relocation and Company-paid matching 401(k) contributions.

Restricted Stock

$7.80M(164.83K RSUs)

Board Justification

Time vesting RSUs granted under the 2018 LTIP and Supplemental Bonus Award that vested in 2018.

Performance Metrics

Performance metrics included AFFO per share, Same Store Core Revenue Growth, and individual performance goals.

Other Invitation Homes CEOs

Here are other CEOs of Invitation Homes