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Equity Residential (EQR)

-NYSE

61.64 Down 0.44(0.71%) May 25, 4:00PM EDT|After Hours: 61.64 0.00 (0.00%) May 25, 4:28PM EDT

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Equity Residential
Two North Riverside Plaza
Chicago, IL 60606
United States - Map
Phone: 312-474-1300
Fax: 312-454-8703
Website: http://www.eqr.com

Details 
Index Membership:N/A
Sector:Financial
Industry:REIT - Residential
Full Time Employees:3,700

Business Summary 

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia consisting of 152,821 units. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Equity Residential was founded in 1966 and is headquartered in Chicago, Illinois.

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Corporate Governance 
Equity Residential’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Samuel F. Zell J.D., 70
Founder, Chairman, Chairman of Exec. Committee and Member of Pricing Committee
N/AN/A
Mr. David J. Neithercut , 56
Chief Exec. Officer, Pres, Trustee, Member of Exec. Committee and Member of Pricing Committee
1.94M5.25M
Mr. Mark J. Parrell , 45
Chief Financial Officer and Exec. VP
850.00K1.45M
Mr. David S. Santee , 53
Exec. VP of Operations
900.00K2.15M
Mr. Alan W. George , 54
Chief Investment Officer and Exec. VP
1.02M4.26M
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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