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...

Number of Employees

3.04K

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.

SEC Filing

From March 28, 2024

Timothy J. Naughton

CEO of AvalonBay Communities

A

Education

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

Field of Expertise

Real Estate & Construction - Real Estate

Born

September 1, 1961 - 63 years ago

Is Founder?

No

Current Tenure

13 years 0 months (Jan 2012 - Present)

Previous Experience

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