Vornado Realty Trust: Pay

Vornado Realty Trust paid its 5 named executives $14.5M in total in FY2025 (Dec). CEO Michael J. Franco was paid $2.8M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Steven RothChairman and Chief Executive Officer (Principal Executive Officer)
FY2025 (Dec)
FY2024 (Dec)
2 years
Glen J. WeissExecutive Vice President—Office Leasing, Co-Head of Real Estate
FY2025 (Dec)
FY2024 (Dec)
2 years
Michael J. FrancoPresident and Chief Financial Officer (Principal Financial Officer)
FY2025 (Dec)
FY2024 (Dec)
2 years
Barry S. LangerExecutive Vice President— Development, Co-Head of Real Estate
FY2025 (Dec)
FY2024 (Dec)
2 years
Haim CheraExecutive Vice President— Head of Retail Leasing
FY2025 (Dec)
FY2024 (Dec)
2 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 2 peers with pay on file was $20.2M. The CEO of Vornado Realty Trust was paid $3.1M, 84% below the median.

  1. 1BXP
  2. 2SL Green Realty
  3. 3Vornado Realty Trust
  4. 4Brixmor Property GroupNot disclosed
  5. 5Douglas Emmett, Inc.Not disclosed
  6. 6Healthpeak PropertiesNot disclosed
  7. 7Host Hotels & ResortsNot disclosed
  8. 8Hudson Pacific Properties, Inc.Not disclosed
  9. 9JBG SMITH PropertiesNot disclosed
  10. 10Kennedy-Wilson Holdings, Inc.Not disclosed
  11. 11Kilroy RealtyNot disclosed
  12. 12Kimco RealtyNot disclosed
  13. 13Omega Healthcare InvestorsNot disclosed
  14. 14W.P. Carey Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.