Vornado Realty Trust Executive Vice President Acquisitions Michelle Felman's 2010 pay jumps 351% to $10M
Vornado Realty Trust reports 2010 executive compensation
By ExecPay News
Published: April 15, 2011
Vornado Realty Trust reported fiscal year 2010 executive compensation information on April 15, 2011.
In 2010, five executives at Vornado Realty Trust received on average a compensation package of $8.8M, a 152% increase compared to previous year.
Average pay of disclosed executives at Vornado Realty Trust
Michelle Felman, Executive Vice President Acquisitions, received $10M in total, which increased by 351% compared to 2009. 39% of Felman's compensation, or $4.1M, was in option awards. Felman also received $1M in bonus, $1M in salary, $2.3M in stock awards, as well as $2M in other compensation.
Michael D. Fascitelli, Chief Executive Officer, received a compensation package of $9.9M, which increased by 90% compared to previous year. 52% of the compensation package, or $5.2M, was in stock awards.
Steven Roth, Chairman, earned $9.9M in 2010, a 91% increase compared to previous year.
Sandeep Mathrani, Executive Vice President Retail Division, received $7.8M in 2010, which increases by 193% compared to 2009.
Joseph Macnow, Chief Financial Officer, earned $5.6M in 2010, a 117% increase compared to previous year.
Related executives
Steven Roth
Vornado Realty Trust
Chairman
Michael Fascitelli
Vornado Realty Trust
Chief Executive Officer
Joseph Macnow
Vornado Realty Trust
Chief Financial Officer
Michelle Felman
Vornado Realty Trust
Executive Vice President Acquisitions
Sandeep Mathrani
Vornado Realty Trust
Executive Vice President Retail Division
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Source: SEC filing on April 15, 2011.