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Head of the Class

May 1, 2007 12:00 PM

How do you stack up against your peers? Here is the most recent data on retail REIT CEO compensation.

REIT CEO COMPENSATION
Company Name Officer's Name Compensation ($*)
Vornado Realty Trust Steven Roth 3,167,355
Simon Property Group, Inc. David E. Simon 2,815,093
Developers Diversified Realty Corporation Scott A. Wolstein 2,035,629
Kimco Realty Corporation Milton Cooper 2,005,069
New Plan Excel Realty Trust, Inc. Glenn J. Rufrano 1,986,154
Cousins Properties Incorporated Thomas D. Bell Jr. 1,713,904
Macerich Company Arthur M. Coppola 1,381,426
Cedar Shopping Centers, Inc. Leo S. Ullman 1,370,265
Tanger Factory Outlet Centers, Inc. Stanley K. Tanger 1,355,223
Pennsylvania Real Estate Investment Trust Ronald Rubin 1,324,111
Ramco-Gershenson Properties Trust Dennis E. Gershenson 1,241,400
National Retail Properties, Inc. Craig Macnab 1,204,476
Glimcher Realty Trust Michael P. Glimcher 1,166,628
Capital Lease Funding, Inc. Paul H. McDowell 1,126,754
Acadia Realty Trust Kenneth F. Bernstein 980,846
Spirit Finance Corporation Christopher H. Volk 975,000
AmREIT H. Kerr Taylor 861,000
Kite Realty Group Trust John A. Kite 695,829
Urstadt Biddle Properties Inc. Charles J. Urstadt 620,000
Feldman Mall Properties, Inc. Lawrence H. Feldman 516,589
Inland Real Estate Corporation Robert D. Parks 100,000
REIT AVERAGE 1,425,079
RETAIL REIT AVERAGE 1,363,941
* Includes salary and bonuses and is as of each firm's most recent 10-K‥
Source: SNL Financial


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