Michael D. Fascitelli's holdings in Vornado Realty Trust reflect a significant investment in the company's stock, which for a time made up a large part of his wealth. In 2012, his vested stock totaled over $4 million, contributing to a...
Michael D. Fascitelli's holdings in Vornado Realty Trust reflect a significant investment in the company's stock, which for a time made up a large part of his wealth. In 2012, his vested stock totaled over $4 million, contributing to a total compensation of around $7 million that year. His most significant stock holdings peaked in value around 2013, showcasing a dramatic growth potential based on market performance. Despite his resignation, he retained multiple stock units, maintaining a strong financial connection to Vornado. By tying his wealth closely to the company's success, he illustrated a strategy where executive interests align with shareholders, highlighting his commitment and belief in the company’s future.