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Mortimer B. Zuckerman is a seasoned executive known for co-founding Boston Properties, one of the largest real estate investment trusts in the U.S. He has played an integral role in the company since its inception in 1970. Zuckerman also made...

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Mortimer B. Zuckerman

Ex-CEO of Boston Properties

Sector of Economy

Real Estate

CEO of Boston Properties for

0 years 3 months (Jan 2013 - Apr 2013)

Previous Experience

Executive Chairman of Boston Properties, Inc.

Holdings

See how much did Mortimer B. Zuckerman make over time.

Mortimer B. Zuckerman’s holdings have seen significant fluctuations over the years. Starting in September 2019, his holdings peaked at approximately $102 million by February 2020. However, they began a gradual decline, dropping to around $50 million by early 2023. The...

Mar 18, 2025

Charitable Transactions

BXP

776,774 shares

BXP

Recent Charitable Transactions

BXP

22,000 shares

BXP

Dec 31, 2015

Charity

BXP

120,109 shares

BXP

Feb 3, 2015

Charity

BXP

114,373 shares

BXP

Dec 31, 2013

Charity

BXP

520,292 shares

BXP

Dec 31, 2012

Charity

Insider Trading

See recent insider trades of Mortimer B. Zuckerman.

BXP

22,000 shares

BXP

Dec 31, 2015

Charity

BXP

120,109 shares

BXP

Feb 3, 2015

Charity

BXP

114,373 shares

BXP

Dec 31, 2013

Charity

BXP

520,292 shares

BXP

Dec 31, 2012

Charity

Compensation History

See how much did Mortimer B. Zuckerman make over time.

In 2013, Mortimer B. Zuckerman's total compensation was $5,475,351, though it famously lacked a cash bonus due to shareholder feedback focusing on stockholder interests. His salary was a solid $1,000,000, but what sets his package apart is the inclusion of $4,753,551 in 'other' compensation. This portion covered life insurance premiums, 401(k) matches, and driving expenses. Notably, no stock options or bonuses were granted, signifying a pivotal year where executive pay was directly linked to shareholder sentiment and expectations. As Zuckerman transitioned to a non-executive role, this compensation structure highlighted the evolving landscape of corporate governance and accountability, where performance metrics dictated earnings that reflect a commitment to both company health and stakeholder satisfaction.

Year

2013

Total Compensation

$5.75M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract and retain executives while linking compensation to performance metrics that enhance stockholder value.

Bonus

$0.00

Board Justification

No cash bonus awarded for 2013 performance due to stockholder feedback and concerns regarding the transition benefits agreement.

Other

$4.75M

Board Justification

Includes life insurance premiums, 401(k) match, car and driver expenses, and the vested portion of Mr. Zuckerman's transition benefit cash award.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards granted for 2013 performance; all stock awards are excluded from total calculations as per the request.

Performance Metrics

Performance metrics include total stockholder return (TSR), growth in same property net operating income (NOI), and management of the balance sheet.

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