Gary A. Shiffman is the Chairman and CEO of Sun Communities, a company he's been part of since its beginning in 1993. With a solid background in management, he's led many projects in developing and expanding manufactured housing communities. Under...

Current Market Cap

$16.67B

Number of Employees

6.78K

Total Compensation

2017 - 2022

Trending up by 1068.00% last year
Showing total compensation for the last 2017 - 2022

Stock

Up by 0.00% last year

Salary

Up by 72.74% last year

Bonus

Up by 20.33% last year

Other

Down by -78.89% last year

Year

2022

Total Compensation

$22.59M

Salary

$900.00K

Board Justification

The compensation philosophy aims to attract and retain skilled executives, linking compensation to performance metrics and aligning with shareholder interests.

Bonus

$1.67M

Board Justification

Annual incentive based on performance metrics including Core FFO growth, Same Property NOI growth, acquisitions, and ESG initiatives for the year 2022, paid in 2023.

Other

$6.13K

Board Justification

Other compensation includes benefits provided under non-discriminatory benefit plans available to all employees.

Restricted Stock

$20.01M(107.72K RSU)

Board Justification

Vested stock awards based on performance metrics from previous years, specifically for the years 2019 and 2021, which vested in 2022.

Performance Metrics

Core FFO growth, Same Property NOI growth, acquisitions, and ESG initiatives.

SEC Filing

From April 3, 2023