Howard Schwimmer has been leading Rexford Industrial Realty as Co-CEO since just after their IPO in 2013. He holds a B.A. in Business Administration from UC Berkeley and specializes in real estate. Under his guidance, the company has seen robust...

Number of Employees

242

Year

2021

Total Compensation

$2.64M

Salary

$750.00K

Board Justification

The compensation philosophy is to align executive compensation with performance, ensuring that a significant portion is at-risk and tied to the company's success.

Bonus

$1.88M

Board Justification

Short-term incentive bonuses were designed to incentivize management to attain Company performance goals for the year, with 70% based on quantitative performance criteria and 30% on qualitative performance criteria.

Other

$16.91K

Board Justification

Includes medical insurance premiums paid by or reimbursed to the NEO.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2021 as the focus was on cash and performance-based compensation.

Performance Metrics

Performance metrics included Core FFO per diluted share growth and Consolidated Portfolio NOI Growth.

SEC Filing

From May 2, 2022

Howard Schwimmer

Founder and CEO of Rexford Industrial Realty

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Education

Bachelor’s degree from the University of Southern California majoring in business with an emphasis in real estate finance and development.

Field of Expertise

Real Estate & Construction - Real Estate

Born

January 1, 1961 - 64 years ago

Is Founder?

Yes

Current Tenure

12 years 0 months (Jan 2013 - Present)

Previous Experience

Served as Co-Founder and Senior Managing Partner of Rexford predecessor business since December 2001 and President of one of the management companies acquired as part of Rexford formation transactions.