Steven Roth is the CEO of Vornado Realty Trust, where he has been leading operations since 2013. Before this role, he served in a similar position for the company from 2009 until 2013. His leadership has seen the company navigate...

Number of Employees

2.94K

Year

2023

Total Compensation

$4.24M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with long-term shareholder value through a mix of salary, bonuses, and equity incentives.

Bonus

$2.90M

Board Justification

Annual incentive awards based on performance metrics including FFO, leasing performance, and operational achievements for 2023, with a total pool of $7.5 million allocated to senior executives.

Other

$343.95K

Board Justification

Other compensation includes transportation, supplemental life insurance premiums, and matching 401(k) contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023 as the focus was on performance-based equity awards and the new Development Fee Pool.

Performance Metrics

Key performance metrics include FFO, leasing performance, operational achievements, and ESG goals.

SEC Filing

From April 9, 2024