Sundar PichaiSundar Pichai earned $164M in 2023
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Gary A. Shiffman

Founder and CEO of Sun Communities

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1955 - 70 years ago

Economy Sector

Real Estate

Current Tenure

32 years 2 months (Jan 1993 - Present)

Previous Experience

Director and executive officer since inception in 1993

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...

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.