0LR2.L - Vornado Realty Trust

Vornado Realty Trust

888 Seventh Avenue
New York, NY 10019-4499
United States
212-894-7000
https://www.vno.com

Sector(s): 
Industry: 
Full Time Employees: 3,146

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Steven Roth	Chairman & CEO	2.64M	N/A	1942
Mr. Michael J. Franco	Pres & CFO	2.57M	N/A	1969
Mr. Glen J. Weiss	Exec. VP of Office Leasing & Co-Head of Real Estate	2.84M	N/A	1971
Mr. Barry S. Langer	Exec. VP of Devel. & Co-Head of Real Estate	2.52M	N/A	1979
Mr. Haim H. Chera	Exec. VP & Head of Retail	2.82M	N/A	1970
Robert Larson	Sr. VP of Operations	N/A	N/A	N/A
Ms. Deirdre K. Maddock	Sr. VP & Chief Accounting Officer	N/A	N/A	N/A
Mr. Robert Entin	Chief Information Officer & Exec. VP	N/A	N/A	N/A
Mr. Thomas Sanelli	Exec. VP of Fin. & Chief Admin. Officer	N/A	N/A	1973
Ms. Catherine C. Creswell	Director of Investor Relations	N/A	N/A	N/A

Amounts are as of December 31, 2022 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.

Description

Vornado is a fully integrated real estate investment trust (“REIT”) with a collection of premier assets and a focused strategy of growing its dominant positions in New York City office and retail. While concentrated in New York, Vornado also has premier assets in Chicago and San Francisco, and maintains a 32.4% interest in Alexander's, Inc. (“Alexander's”) (NYSE: ALX), which owns six properties in the greater New York metropolitan area. Vornado is a real estate industry leader in sustainability, with over 27 million square feet of LEED (Leadership in Energy and Environmental Design) certified buildings, representing approximately 97% of our portfolio, with over 23 million square feet at LEED Gold or Platinum. In 2020, we were recognized by the National Association of Real Estate Investment Trusts (“NAREIT”) as a Leader in the Light for the 11th consecutive year, and in 2021 we achieved ENERGY STAR Partner of the Year with Sustained Excellence (seventh time with this distinction). We also earned accolades from the Global Real Estate Sustainability Benchmark (ninth year with “Green Star” Ranking, ranked #2 out of 94 publicly traded U.S. companies, highest-scoring respondent on public disclosure).

Corporate Governance

Vornado Realty Trust’s ISS Governance QualityScore as of May 1, 2023 is 6. The pillar scores are Audit: 6; Board: 4; Shareholder Rights: 5; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.