Timothy J. Naughton is the current Chairman and CEO of AvalonBay Communities, a prominent real estate investment trust focused on developing, operating, and managing apartment communities. He has been with the company since 1989, showing a loyal commitment to AvalonBay...

Timothy J. Naughton is the current Chairman and CEO of AvalonBay Communities, a prominent real estate investment trust focused on developing, operating, and managing apartment communities. He has been with the company since 1989, showing a loyal commitment to AvalonBay through various roles, including President and Chief Operating Officer. Naughton assumed the CEO role in January 2012, after serving as President. He has a strong educational background, holding an MBA from Harvard Business School and an undergraduate degree in Economics from the University of Virginia, where he graduated with high distinction and was elected to Phi Beta Kappa. His leadership style emphasizes aligning the company’s performance with shareholder interests, reflecting his long-term vision and dedication to the business. Outside of AvalonBay, Naughton is involved in several industry organizations, including the National Association of Real Estate Investment Trusts and the Urban Land Institute, contributing to discussions about the future of real estate. Interestingly, in 2023, Naughton’s compensation was $560,453, reflecting his role as the Chairman rather than an active executive officer, showing a transition in focus as he continues to guide the company's future while mentoring new leadership.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other AvalonBay Communities CEOs

A

Timothy J. Naughton

CEO of AvalonBay Communities

Education

MBA from Harvard Business School; undergraduate degree in Economics from the University of Virginia.

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

September 1, 1961 - 63 years ago

CEO of AvalonBay Communities for

13 years 3 months (Jan 2012 - Present)

Previous Experience

President since February 2005; Chief Operating Officer since February 2001.

Rivals

Competitors/colleagues of Timothy J. Naughton

U

Jerry A. Davis

CEO of UDR

2023 Compensation

Stock

$9.13M

Salary

$950.00K

Bonus

$0.00

Other

$199.43K

Total Holdings

$7.02M

C

D. Keith Oden

CEO of Camden Property Trust

2022 Compensation

Stock

$0.00

Salary

$700.00K

Bonus

$3.81M

Other

$3.00K

Total Holdings

$61.19M

C

Richard J. Campo

CEO of Camden Property Trust

2022 Compensation

Stock

$0.00

Salary

$700.00K

Bonus

$3.82M

Other

$3.00K

Total Holdings

$36.67M

E

Angela L. Kleiman

CEO of Essex Property Trust

2023 Compensation

Stock

$1.10M

Salary

$862.50K

Bonus

$2.17M

Other

$47.82K

Total Holdings

$7.69M

E

David J. Neithercut

CEO of Equity Residential

2023 Compensation

Stock

$6.65M

Salary

$900.00K

Bonus

$2.31M

Other

$15.44K

Total Holdings

$37.78M

Holdings

See how much did Timothy J. Naughton make over time.

Timothy J. Naughton's financial situation is also quite interesting. In late 2019, his insider trading records showed significant fluctuations in his portfolio, peaking at $33.94 million in October 2019 before slowly dropping to around $30 million by early 2020. This...

Timothy J. Naughton's financial situation is also quite interesting. In late 2019, his insider trading records showed significant fluctuations in his portfolio, peaking at $33.94 million in October 2019 before slowly dropping to around $30 million by early 2020. This reflected some volatility in his holdings tied to AvalonBay’s stock performance. By 2024, his holdings have seen a steady increase again, climbing to a high of $38.84 million in September 2024. This shows that despite market ups and downs, Naughton maintains a substantial investment in AvalonBay, indicating confidence in the company’s long-term strategy. His financial moves are closely watched, often signaling investor sentiment regarding AvalonBay's future.

Mar 18, 2025

A

shares

AVB @ $210.25

B

shares

BXP @ $68.41

W

shares

WELL @ $149.97

Total Stock Sold

$105.25M

AVB

$105.25M

619,677 AVB shares

What if they kept their stock?

If Timothy J. Naughton didn't sell their stock, today they would have:
Extra AVB619,677 shares worth $103.71M.
This is -1.46% and $1.54M less than what they got when they sold the stock.

Charitable Transactions

AVB

58,088 shares

AVB

Recent Charitable Transactions

AVB

14,124 shares

AVB

Dec 31, 2022

Charity

AVB

100 shares

AVB

Mar 1, 2022

Charity

AVB

14,764 shares

AVB

Dec 31, 2021

Charity

AVB

100 shares

AVB

Aug 31, 2021

Charity

AVB

100 shares

AVB

Dec 31, 2020

Charity

AVB

11,896 shares

AVB

Nov 15, 2019

Charity

Insider Trading

See recent insider trades of Timothy J. Naughton.

BXP

2,835 shares

BXP

May 30, 2024

Received

AVB

980 shares

AVB

May 23, 2024

Received

AVB

44,617 shares

AVB

Feb 13, 2024

Received

AVB

990 shares

AVB

Jun 1, 2023

Received

AVB

17,944 shares

AVB

Feb 23, 2023

Received

AVB

379 shares

AVB

Jan 30, 2023

Received

AVB

14,124 shares

AVB

Dec 31, 2022

Charity

AVB

14,024 shares

AVB

Dec 31, 2022

Charity

AVB

100 shares

AVB

Mar 1, 2022

Charity

AVB

30,471 shares

AVB

Feb 17, 2022

Received

Compensation History

See how much did Timothy J. Naughton make over time.

In terms of compensation, Timothy J. Naughton’s pay saw significant changes over recent years. In 2022, he earned a total of $9.8 million, largely from his salary and stock rewards linked to AvalonBay's performance. However, in 2023, his compensation dropped to $560,453 as he transitioned to a non-executive role while still influencing company decisions. His previous compensation structure carefully aligns with company performance metrics, mainly focusing on Core Funds From Operations and Total Shareholder Return, making it critical for both Naughton and the shareholders who depend on the company's success. This shift hints at a strategy where he is focusing more on guiding AvalonBay strategically rather than navigating daily operations.

Year

2023

Total Compensation

$560.45K

Salary

$0.00

Board Justification

The compensation philosophy emphasizes alignment with company performance and shareholder interests, focusing on attracting and retaining top talent.

Bonus

$0.00

Board Justification

No cash bonus was reported for 2023 as he served as non-executive Chairman of the Board.

Other

$560.45K

Board Justification

This amount includes compensation for his role as non-executive Chairman of the Board, which includes a retainer and stock awards.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were reported as vested for 2023 since he was not an active executive officer during the year.

Performance Metrics

Performance metrics for executive compensation are based on financial performance measures such as Core FFO per share and Total Shareholder Return.

Other AvalonBay Communities CEOs

Here are other CEOs of AvalonBay Communities

Bryce Blair

Founder and Ex-CEO of AvalonBay Communities

January 1993 - December 2011