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...

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 growth, driven by strategic investments in industrial properties. An interesting tidbit about Howard is that in 2021, his total compensation hit a notable $100 million, showcasing the value the company places on his leadership. He has a significant stake in the company, holding over 523,651 shares, which reflects his strong alignment with shareholders' interests. Howard's journey is particularly notable during the peak of the pandemic, where he adjusted the company's performance metrics, balancing cash and stock compensation. This adaptability highlights his strategic mindset in uncertain times. Furthermore, his insider trading activity shows a keen eye for market movements, with trades impacting values reaching up to $17 million in a single transaction. With a solid educational background and proven experience, Schwimmer continues to drive Rexford Industrial's success in the competitive real estate market.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

R

Howard Schwimmer

Founder and CEO of Rexford Industrial Realty

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

Sector of Economy

Real Estate

Born

January 1, 1961 - 64 years ago

CEO of Rexford Industrial Realty for

12 years 3 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.

Rivals

Competitors/colleagues of Howard Schwimmer

U

Jerry A. Davis

CEO of UDR

2023 Compensation

Stock

$9.13M

Salary

$950.00K

Bonus

$0.00

Other

$199.43K

Total Holdings

$7.02M

E

Marshall A. Loeb

CEO of EastGroup Properties

2022 Compensation

Stock

$2.96M

Salary

$745.00K

Bonus

$0.00

Other

$337.65K

Total Holdings

$25.88M

C

D. Keith Oden

CEO of Camden Property Trust

2022 Compensation

Stock

$0.00

Salary

$700.00K

Bonus

$3.81M

Other

$3.00K

Total Holdings

$61.19M

C

Richard J. Campo

CEO of Camden Property Trust

2022 Compensation

Stock

$0.00

Salary

$700.00K

Bonus

$3.82M

Other

$3.00K

Total Holdings

$36.67M

A

Timothy J. Naughton

CEO of AvalonBay Communities

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$560.45K

Total Holdings

$36.54M

P

Hamid R. Moghadam

CEO of Prologis

2023 Compensation

Stock

$41.06M

Salary

$1.00

Bonus

$1.91M

Other

$12.00K

Total Holdings

$125.21M

Holdings

See how much did Howard Schwimmer make over time.

Howard Schwimmer has a notable financial presence at Rexford Industrial Realty, holding over 523,651 shares. His wealth in company stock has shifted dramatically over the years. Notably, in early 2020 alone, he made insider trades worth between $17 million and...

Howard Schwimmer has a notable financial presence at Rexford Industrial Realty, holding over 523,651 shares. His wealth in company stock has shifted dramatically over the years. Notably, in early 2020 alone, he made insider trades worth between $17 million and $2.78 million. The considerable fluctuations in his holdings reflect his active trading strategy during volatile market periods. His highest stock values generally correlate with company performance, proving his commitment as a stakeholder. Currently, with his shares valued in millions, it positions him strongly within the company, both financially and operationally. As compensation swings up to $100 million, it suggests a strong correlation between his financial well-being and the company’s market performance.

Mar 18, 2025

R

shares

REXR @ $40.71

Total Stock Sold

$17.10M

REXR

$17.10M

333,868 REXR shares

What if they kept their stock?

If Howard Schwimmer didn't sell their stock, today they would have:
Extra REXR333,868 shares worth $14.85M.
This is -13.18% and $2.25M less than what they got when they sold the stock.

Charitable Transactions

REXR

13,905 shares

REXR

Recent Charitable Transactions

REXR

210 shares

REXR

Sep 24, 2024

Charity

REXR

189 shares

REXR

Mar 8, 2024

Charity

REXR

1,858 shares

REXR

Dec 31, 2022

Charity

REXR

134 shares

REXR

Jan 18, 2022

Charity

REXR

670 shares

REXR

Dec 31, 2021

Charity

REXR

2,171 shares

REXR

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of Howard Schwimmer.

REXR

210 shares

REXR

Sep 24, 2024

Charity

REXR

$1.48M

REXR at $48.86/share

Jul 24, 2024

Sale

REXR

189 shares

REXR

Mar 8, 2024

Charity

REXR

$1.99M

REXR at $55.94/share

Apr 28, 2023

Sale

REXR

1,858 shares

REXR

Dec 31, 2022

Charity

REXR

$1.00M

REXR at $65.27/share

Aug 1, 2022

Sale

REXR

$1.02M

REXR at $62.15/share

Jul 25, 2022

Sale

REXR

$988.41K

REXR at $59.90/share

Jun 15, 2022

Sale

REXR

134 shares

REXR

Jan 18, 2022

Charity

REXR

670 shares

REXR

Dec 31, 2021

Charity

Compensation History

See how much did Howard Schwimmer make over time.

In 2021, Howard Schwimmer's total compensation reached an impressive $100 million, including a base salary of $750,000 and a bonus of $1.875 million. The significant bonus structure was designed around performance metrics that evaluate both qualitative and quantitative achievements, reflecting his ability to meet and exceed company goals. Prior years show his compensation fluctuating with company growth, driven by a mix of cash and stock options. For instance, in 2020, his total compensation was around $8.3 million, and in 2019 it reached approximately $6 million. This trend indicates that as Rexford Industrial Realty thrived, so did Howard's earnings, demonstrating the alignment between CEO performance and shareholder interests. The focus on performance-based compensation underscores a commitment to long-term success, ensuring that a significant part of his pay is directly linked to the company’s achievements.

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.