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,...

Number of Employees

1.19K

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.

SEC Filing

From April 19, 2024

Marc Holliday

CEO of SL Green Realty

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Education

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

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1974 - 51 years ago

Is Founder?

No

Current Tenure

8 years 11 months (Feb 2016 - Present)

Previous Experience

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