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Equity Residential (EQR)

NYSE - NYSE Delayed Price. Currency in USD
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66.83-0.51 (-0.76%)
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Equity Residential

Two North Riverside Plaza
Suite 400
Chicago, IL 60606
United States
312-474-1300
http://www.equityapartments.com

SectorFinancial
IndustryREIT - Residential
Full Time Employees2,700

Key Executives

NameTitlePayExercisedAge
Mr. Samuel Zell J.D.Founder and ChairmanN/AN/A75
Mr. David J. NeithercutChief Exec. Officer, Pres and Trustee911.17k5.41M61
Mr. Mark J. ParrellChief Financial Officer and Exec. VP1.13M938.85k50
Mr. David S. SanteeChief Operating Officer and Exec. VP1.13M634.76k57
Mr. Alan W. GeorgeChief Investment Officer and Exec. VP1.14M979.5k59
Amounts are as of December 31, 2016 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

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.

Corporate Governance

Equity Residential’s ISS Governance QualityScore as of September 1, 2017 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 5.

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.