Marc Holliday has been the CEO of SL Green Realty Corp. since 2004, making him a key player in the NYC real estate scene. With a Bachelor's in Business Administration from the University of Michigan and significant experience in finance,...

Marc Holliday has been the CEO of SL Green Realty Corp. since 2004, making him a key player in the NYC real estate scene. With a Bachelor's in Business Administration from the University of Michigan and significant experience in finance, he has enhanced SL Green's position to become the largest owner of commercial office properties in Manhattan. Under Holliday's leadership, SL Green has focused on upgrading its properties and attracting high-quality tenants, leading to strong returns for shareholders. Interestingly, his total compensation registered at $18.45 million in 2023, which largely came from performance bonuses tied to the company's success. Holliday has also had a consistent insider trading history, with significant transactions observed between 2019 and 2024, where the values peaked over $2 million monthly during 2021. Additionally, in 2018, he took over as chairman after Stephen L. Green retired, solidifying his influence in the company. Overall, Holliday focuses on strategic growth and has a strong track record in the real estate finance world.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

S

Marc Holliday

CEO of SL Green Realty

Education

Bachelor's degree in Business Administration from the University of Michigan

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1974 - 51 years ago

CEO of SL Green Realty for

9 years 1 month (Feb 2016 - Present)

Previous Experience

Previously served as Chief Operating Officer of SL Green Realty Corp.

Rivals

Competitors/colleagues of Marc Holliday

H

Theodore J. Klinck

CEO of Highwoods Properties

2023 Compensation

Stock

$1.12M

Salary

$757.50K

Bonus

$1.22M

Other

$191.46K

Total Holdings

$12.73M

B

Owen D. Thomas

CEO of Boston Properties

2023 Compensation

Stock

$0.00

Salary

$950.00K

Bonus

$2.72M

Other

$31.64K

Total Holdings

$615.83K

P

C. Brent Smith

CEO of Piedmont Office Realty Trust

2023 Compensation

Stock

$1.29M

Salary

$700.00K

Bonus

$1.05M

Other

$22.75K

Total Holdings

$6.64M

D

Jordan Kaplan

CEO of Douglas Emmett

2023 Compensation

Stock

$9.29M

Salary

$800.00K

Bonus

$0.00

Other

$21.11K

Total Holdings

$45.43M

Holdings

See how much did Marc Holliday make over time.

Marc Holliday has consistently traded significant shares of SL Green Realty. Between December 2019 and extending into 2024, he demonstrated a steady pattern of transactions, peaking monthly values over $2 million in 2021. While his holdings fluctuated, they demonstrated confidence...

Marc Holliday has consistently traded significant shares of SL Green Realty. Between December 2019 and extending into 2024, he demonstrated a steady pattern of transactions, peaking monthly values over $2 million in 2021. While his holdings fluctuated, they demonstrated confidence in the company's future and strategic direction. In 2021, he sold shares worth over $2.8 million in March, a move that corresponded with a height in stock prices followed by a string of sales each month. Despite slight dips, his trading remained strong, indicating ongoing engagement and belief in SL Green’s growth initiatives, which ultimately leads to a large portion of his net worth being tied to the company's share performance.

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Total Stock Sold

$103.13M

SLG

$103.13M

983,873.472 SLG shares

What if they kept their stock?

If Marc Holliday didn't sell their stock, today they would have:
Extra SLG983,873.472 shares worth $41.10M.
This is -60.15% and $62.03M less than what they got when they sold the stock.

Charitable Transactions

SLG

128,241.801 shares

SLG

Recent Charitable Transactions

SLG

1,796 shares

SLG

Dec 31, 2019

Charity

SLG

10,000 shares

SLG

Dec 20, 2017

Charity

SLG

9,100 shares

SLG

Dec 21, 2016

Charity

SLG

8,850 shares

SLG

Jan 12, 2016

Charity

SLG

8,200 shares

SLG

Dec 17, 2014

Charity

SLG

11,200 shares

SLG

Dec 19, 2013

Charity

Insider Trading

See recent insider trades of Marc Holliday.

SLG

191 shares

SLG

Dec 31, 2019

Inheritance

SLG

1,796 shares

SLG

Dec 31, 2019

Charity

SLG

$9.13M

SLG at $83.00/share

Dec 19, 2018

Sale

SLG

10,000 shares

SLG

Dec 20, 2017

Charity

SLG

$16.11M

SLG at $100.66/share

Dec 20, 2017

Sale

SLG

$15.24M

SLG at $108.05/share

Dec 21, 2016

Sale

SLG

9,100 shares

SLG

Dec 21, 2016

Charity

Compensation History

See how much did Marc Holliday make over time.

In 2023, Marc Holliday's total compensation reached approximately $18.45 million. This included a $1.25 million salary and a performance bonus of $2.9 million, which was tied to strong company performance metrics such as cash flow and growth. Notably, there were no stock grants vested in the recent year, emphasizing that his pay is heavily influenced by operational success rather than fixed equity rewards. Previously, in 2022, his pay was about $3.37 million, demonstrating a strategic shift as compensation increasingly aligns with rewarding successful performance. Holliday's structured pay method reflects the company's direct alignment with shareholder interests, motivating him to drive SL Green towards continued profitability and portfolio expansion.

Year

2023

Total Compensation

$4.19M

Salary

$1.25M

Board Justification

The compensation philosophy emphasizes a pay-for-performance structure that aligns executive compensation with the company's performance and shareholder interests, focusing on retaining top talent in a competitive market.

Bonus

$2.91M

Board Justification

The annual bonus for 2023 was determined formulaically based on performance relative to preset objective bonus criteria established by the Compensation Committee in January 2023, resulting in an earning of approximately 116% of the target bonus amount.

Other

$36.46K

Board Justification

Includes the Company’s matching contributions with respect to amounts earned under the 401(k) plan and life insurance premiums.

Restricted Stock

$0.00(0 LTIP units)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based equity awards and time-based equity awards that are not included in total compensation calculations.

Performance Metrics

The performance metrics for determining the compensation included normalized FFO per share, annual same-store cash NOI growth, dividend growth, and G&A expense.