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The Howard Hughes Corporation (HHC)

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The Howard Hughes Corporation

13355 Noel Road
22nd Floor
Dallas, TX 75240
United States
214-741-7744
http://www.howardhughes.com

SectorFinancial
IndustryReal Estate Development
Full Time Employees1,100

Key Executives

NameTitlePayExercisedAge
Mr. David R. WeinrebCEO & Director4.79MN/A52
Mr. Grant Herlitz CPAPres3.16MN/A45
Mr. David R. O'ReillyChief Financial Officer196.15kN/A43
Mr. Christopher J. CurrySr. Exec. VP of Acquisitions and Devel.1.51MN/A55
Mr. Saul Adam ScherlExec. VP of New York Tri-State Region1.01MN/A51
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

The Howard Hughes Corporation develops and operates master planned communities, and mixed-use and other real estate properties in the United States. It operates in three segments: Master Planned Communities, Operating Assets, and Strategic Developments. The Master Planned Communities segment develops and sells residential and commercial land. It sells residential land designated for detached and attached single family homes ranging from entry-level to luxury homes to home builders; and commercial land parcels designated for retail, office, resort, high density residential projects, services, and other for-profit activities, as well as parcels designated for use by government, schools, and other not-for-profit entities. This segment owns approximately 12,000 acres of land. The Operating Assets segment owns 13 retail and 24office properties, 6 multi-family buildings, 4 hospitality properties, and 7 other operating assets and investments. The Strategic Development segment comprises residential condominium and commercial property projects. The company was founded in 2010 and is headquartered in Dallas, Texas.

Corporate Governance

The Howard Hughes Corporation’s ISS Governance QualityScore as of September 1, 2017 is 4. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 4; Compensation: 8.

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.