Sumit Roy is the CEO and President of Realty Income Corporation, a well-known company that pays consistent monthly dividends to its shareholders. He started as the Chief Operating Officer before becoming CEO in October 2018. Under his leadership, Realty Income...

Current Market Cap

$49.79B

Number of Employees

418

Total Compensation

2019 - 2023

Trending up by 68.62% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 17.34% last year

Salary

Up by 0.00% last year

Bonus

Up by 981.36% last year

Other

Up by 41.19% last year

Year

2023

Total Compensation

$11.69M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to align the interests of management with stockholders, linking compensation to company performance and attracting and retaining highly qualified executive officers.

Bonus

$4.06M

Board Justification

The bonus is based on the achievement of short-term operating and financial goals, as well as individual performance goals for the year 2023.

Other

$674.91K

Board Justification

Other compensation includes matching contributions to the 401(k) plan, life insurance, medical benefits, and dividends paid on earned performance shares.

Restricted Stock

$5.96M(92.13K common stock)

Board Justification

The vested stock includes restricted stock awards and performance shares that vested during the year 2023.

Performance Metrics

The performance metrics for 2023 included AFFO per share, fixed charge coverage ratio, portfolio occupancy, and individual performance objectives.

SEC Filing

From April 15, 2024