Robert H. Steers is a finance expert with a solid background and extensive experience leading Cohen & Steers, Inc. He served as the CEO of the company from 2003 to 2022 and played a critical role in its growth and...

Robert H. Steers is a finance expert with a solid background and extensive experience leading Cohen & Steers, Inc. He served as the CEO of the company from 2003 to 2022 and played a critical role in its growth and strategy. Robert has an MBA from a top business school, which laid the groundwork for his strong leadership skills. As he transitioned to the role of Executive Chairman, Robert focused on guiding the company through major initiatives and communication strategies. His pay reflects the value he brought to the organization; he earned over $6 million in compensation during his last year as CEO, largely from performance bonuses. Notably, his efforts in reorganization and performance led to a CEO pay ratio of about 45.6:1, indicating a competitive structure within the company. Additionally, he had significant stock holdings that translated into real value, showcasing his investment in the company's future. Robert Steers is a notable figure in the world of asset management, known for his ability to drive results and innovate in the finance sector.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Cohen & Steers CEOs

C

Robert H. Steers

Ex-CEO of Cohen & Steers

Education

MBA from a top business school

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1964 - 61 years ago

CEO of Cohen & Steers for

19 years 2 months (Jan 2003 - Mar 2022)

Previous Experience

President of Cohen & Steers, Inc.

Rivals

Competitors/colleagues of Robert H. Steers

J

Ali Dibadj

CEO of Janus Henderson Group

2023 Compensation

Stock

$1.90M

Salary

$725.00K

Bonus

$3.08M

Other

$355.56K

Total Holdings

$635.28K

B

Laurence D. Fink

Founder and CEO of Blackrock

2023 Compensation

Stock

$4.03M

Salary

$1.50M

Bonus

$7.90M

Other

$1.09M

Total Holdings

$290.93M

B

Jonathan D. Gray

CEO of Blackstone

2022 Compensation

Stock

$3.00M

Salary

$2.00M

Bonus

$5.00M

Other

$100.00K

Total Holdings

$4.86B

V

Richard W. Smirl

CEO of Virtus Investment Partners

2023 Compensation

Stock

$398.11K

Salary

$425.00K

Bonus

$1.93M

Other

$0.00

Total Holdings

$2.05M

F

Gregory E. Johnson

CEO of Franklin Resources

2023 Compensation

Stock

$2.57M

Salary

$600.00K

Bonus

$1.90M

Other

$0.00

Total Holdings

$108.46M

T

Robert W. Sharps

CEO of T Rowe Price Group

2023 Compensation

Stock

$0.00

Salary

$350.00K

Bonus

$7.30M

Other

$91.83K

Total Holdings

$49.21M

Holdings

See how much did Robert H. Steers make over time.

Robert H. Steers has seen significant changes in his stock holdings over the years, reflecting various performance-based incentives and company successes. In his final year as CEO, his total compensation included an impressive cash bonus, highlighting his successful impact on...

Robert H. Steers has seen significant changes in his stock holdings over the years, reflecting various performance-based incentives and company successes. In his final year as CEO, his total compensation included an impressive cash bonus, highlighting his successful impact on the company's performance. For example, his vested stock units in 2021 had a staggering value exceeding $4.8 million, which showcased the results of his contributions to the business. At one point, his wealth was heavily tied to restricted stock units, indicating strong alignment with the performance of Cohen & Steers. His focus on long-term growth resulted in fluctuations in stock value that benefited both him and the company. Steers transitioned from active management to a more advisory role, affirming his ongoing commitment to the firm's vision even as his financial interests were preserved through carefully structured agreements.

Insider Trading

See recent insider trades of Robert H. Steers.

No insider trades found for this CEO.

Compensation History

See how much did Robert H. Steers make over time.

In 2022, Robert H. Steers' total compensation was about $6 million, supported primarily by performance-based bonuses rather than salary alone. His base salary during this time was $500,000, but the majority came from a cash bonus of nearly $400,000, reflecting his strategic importance in driving company results. Notably, he earned no stock grants in his last year, focusing instead on driving performance metrics. Over the past few years, his compensation has seen considerable fluctuations, highlighting the dynamic nature of executive pay in relation to company performance. For instance, in 2021, his total earnings peaked at approximately $12.4 million, illustrating a significant bonus structure tied to company achievements. This performance-oriented compensation strategy is designed to align Robert's interests with those of the shareholders, ensuring that his rewards are directly connected to the success of the firm.

Year

2022

Total Compensation

$1.19M

Salary

$500.00K

Board Justification

The compensation philosophy focuses on linking executive compensation to company performance, competitive pay levels, and retention of key executives.

Bonus

$395.00K

Board Justification

Cash bonus based on annual performance incentives for the fiscal year 2022.

Other

$298.19K

Board Justification

Includes employer portion of continued coverage under medical plans and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus was on performance incentives and adjustments to base salary.

Performance Metrics

Performance metrics include financial objectives, investment performance, and strategic initiatives.

Other Cohen & Steers CEOs

Here are other CEOs of Cohen & Steers

Joseph M. Harvey

CEO of Cohen & Steers

March 2022 - Present