Jerry A. Davis is the President and CEO of UDR, Inc., a well-respected company in the real estate investment trust sector. He has a solid background in operations, having spent significant time with the company since he joined in 1989...

Current Market Cap

$14.82B

Number of Employees

1.41K

Total Compensation

2019 - 2023

Trending up by 26.09% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 26.67% last year

Salary

Up by 5.56% last year

Bonus

Up by 0.00% last year

Other

Up by 349.09% last year

Year

2023

Total Compensation

$10.28M

Salary

$950.00K

Board Justification

The compensation philosophy is designed to attract and retain top executive talent while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2023 as the performance metrics were not met.

Other

$199.43K

Board Justification

Other compensation includes $199,430 for aircraft lease payments as per the executive agreement.

Restricted Stock

$9.13M(398.96K common stock)

Board Justification

398,962 shares of stock vested in 2023, reflecting the performance-based vesting criteria being met for the fiscal year.

Performance Metrics

The performance metrics for 2023 included financial targets related to revenue growth and operational efficiency.

SEC Filing

From April 4, 2024