UDR Management

Management criteria checks 2/4

UDR's CEO is Tom Toomey, appointed in Feb 2001, has a tenure of 23.75 years. total yearly compensation is $11.76M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth R$222.68M. The average tenure of the management team and the board of directors is 5.3 years and 10.8 years respectively.

Key information

Tom Toomey

Chief executive officer

US$11.8m

Total compensation

CEO salary percentage	7.7%
CEO tenure	23.8yrs
CEO ownership	0.3%
Management average tenure	5.3yrs
Board average tenure	10.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Toomey's remuneration changed compared to UDR's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$123m
Jun 30 2024	n/a	n/a	US$133m
Mar 31 2024	n/a	n/a	US$452m
Dec 31 2023	US$12m	US$900k	US$440m
Sep 30 2023	n/a	n/a	US$451m
Jun 30 2023	n/a	n/a	US$442m
Mar 31 2023	n/a	n/a	US$100m
Dec 31 2022	US$8m	US$900k	US$83m
Sep 30 2022	n/a	n/a	US$155m
Jun 30 2022	n/a	n/a	US$150m
Mar 31 2022	n/a	n/a	US$156m
Dec 31 2021	US$14m	US$800k	US$146m
Sep 30 2021	n/a	n/a	US$55m
Jun 30 2021	n/a	n/a	US$12m
Mar 31 2021	n/a	n/a	US$58m
Dec 31 2020	US$6m	US$800k	US$60m
Sep 30 2020	n/a	n/a	US$131m
Jun 30 2020	n/a	n/a	US$184m
Mar 31 2020	n/a	n/a	US$162m
Dec 31 2019	US$6m	US$800k	US$181m
Sep 30 2019	n/a	n/a	US$165m
Jun 30 2019	n/a	n/a	US$157m
Mar 31 2019	n/a	n/a	US$142m
Dec 31 2018	US$6m	US$800k	US$199m
Sep 30 2018	n/a	n/a	US$186m
Jun 30 2018	n/a	n/a	US$184m
Mar 31 2018	n/a	n/a	US$174m
Dec 31 2017	US$8m	US$800k	US$118m

Compensation vs Market: Tom's total compensation ($USD11.76M) is above average for companies of similar size in the BR market ($USD5.75M).

Compensation vs Earnings: Tom's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Tom Toomey (63 yo)

23.8yrs

Tenure

US$11,755,015

Compensation

Mr. Thomas W. Toomey, also known as Tom, has been the Chief Executive Officer and Director of UDR, Inc. since February 2001 and served as President since February 2001 until January 1, 2019. Mr. Toomey has...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Toomey	Chairman & CEO	23.8yrs	US$11.76m	0.26% R$ 222.7m
Joseph Fisher	CFO & President	7.8yrs	US$4.86m	0.0012% R$ 1.1m
Michael Lacy	Senior Vice President of Operations	less than a year	US$2.77m	0.0026% R$ 2.2m
H. Cantor	Senior Vice President of Investments	less than a year	no data	no data
Tracy Hofmeister	Senior VP & Chief Accounting Officer	6.8yrs	no data	0.0029% R$ 2.5m
Joshua Gampp	Senior VP & CTO	3.8yrs	no data	no data
Philip Curry	VP of Information & Security	no data	no data	no data
Trent Trujillo	Vice President of Investor Relations	no data	no data	no data
David Thatcher	Senior VP & General Counsel	9.8yrs	no data	no data
Kristen Nicholson	Vice President of Sales & Revenue	no data	no data	no data
Todd Newton	Vice President of Marketing	no data	no data	no data
Kenneth Balcerzak	Vice President of HR & Legal Affairs	2.8yrs	no data	no data

5.3yrs

Average Tenure

53yo

Average Age

Experienced Management: U1DR34's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Toomey	Chairman & CEO	23.8yrs	US$11.76m	0.26% R$ 222.7m
Katherine Cattanach	Independent Director	18.5yrs	US$277.05k	0.027% R$ 23.1m
Diane Morefield	Independent Director	4.1yrs	US$278.32k	0.00047% R$ 406.4k
James Klingbeil	Lead Independent Director	26.8yrs	US$335.63k	0.040% R$ 34.6m
Jon Grove	Independent Director	26.8yrs	US$268.50k	0.14% R$ 117.2m
Robert McNamara	Independent Director	10.8yrs	US$295.13k	0.0082% R$ 7.1m
Kevin Nickelberry	Independent Director	3.2yrs	US$256.65k	0.00042% R$ 363.2k
Mark Patterson	Independent Director	10.8yrs	US$271.79k	0.0027% R$ 2.4m
Clinton McDonnough	Independent Director	8.8yrs	US$268.50k	0.0026% R$ 2.2m
Mary King	Independent Director	9.3yrs	US$268.50k	0.00077% R$ 665.8k

10.8yrs

Average Tenure

69.5yo

Average Age

Experienced Board: U1DR34's board of directors are seasoned and experienced ( 10.8 years average tenure).

UDR Management

Management criteria checks 2/4

Key information

Recent management updates

UDR, Inc., Annual General Meeting, May 23, 2024

UDR, Inc. Announces Retirement of Harry G. Alcock, Senior Vice President and Chief Investment Officer, Effective July 31, 2024

UDR Appoints Patsy Doerr to Senior Vice President – Chief ESG and People Officer

UDR, Inc. Appoints Joseph D. Fisher to President

UDR, Inc., Annual General Meeting, May 19, 2022

UDR, Inc. Announces Executive Changes, Effective January 1, 2021

Recent updates

UDR, Inc. Provides Earnings Guidance for the Fourth Quarter and Updates Earnings Guidance for the Full Year 2024

UDR, Inc. to Report Q3, 2024 Results on Oct 30, 2024

UDR, Inc. to Report Q2, 2024 Results on Jul 30, 2024

UDR, Inc. Declares Dividend for the Second Quarter of 2024, Payable on July 31, 2024

UDR, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024; Reaffirms Earnings Guidance for the Full Year 2024

UDR, Inc. to Report Q1, 2024 Results on Apr 30, 2024

UDR, Inc., Annual General Meeting, May 23, 2024

UDR, Inc. Announces Retirement of Harry G. Alcock, Senior Vice President and Chief Investment Officer, Effective July 31, 2024

UDR, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2024

UDR, Inc. to Report Q4, 2023 Results on Feb 06, 2024

UDR, Inc. Declares Dividend for the Fourth Quarter of 2023, Payable on January 31, 2024

Udr, Inc. Updates Earnings Guidance for the Full Year 2023

UDR, Inc. to Report Q3, 2023 Results on Oct 26, 2023

UDR, Inc. Declares Regular Quarterly Cash Dividend on Its Common Stock for the Third Quarter of 2023, Payable on October 31, 2023

Udr, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Udr, Inc. Provides Earnings Guidance for the Third Quarter of 2023

UDR, Inc. to Report Q2, 2023 Results on Jul 26, 2023

UDR, Inc. Declares Regular Quarterly Cash Dividend on its Common Stock for the Second Quarter of 2023, Payable on July 31, 2023

UDR, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023

UDR, Inc. to Report Q4, 2022 Results on Feb 06, 2023

UDR, Inc. Declares Quarterly Dividends, Payable on January 31, 2023

Advanced Real Estate Services Inc. acquire 90-unit Foxborough Apartments from UDR, Inc. (NYSE:UDR) for $41.49 million.

UDR, Inc. Revises Earnings Guidance for the Full Year 2022

UDR, Inc. to Report Q3, 2022 Results on Oct 26, 2022

UDR, Inc. Declares Common Dividend for the Third Quarter of 2022, Payable on October 31, 2022

Judge Allows Young Black Former Tenant's Discrimination Claims Against UDR to Advance

UDR, Inc. Provides Earnings Guidance for the Third Quarter of 2022

UDR, Inc. to Report Q2, 2022 Results on Jul 26, 2022

UDR Appoints Patsy Doerr to Senior Vice President – Chief ESG and People Officer

UDR Declares dividend on Its Common Stock for the Second Quarter of 2022 , Payable on August 1, 2022

UDR, Inc. Appoints Joseph D. Fisher to President

UDR, Inc. Decades Dividend for the First Quarter of 2022, Payable on May 2, 2022

UDR, Inc. to Report Q1, 2022 Results on Apr 26, 2022

UDR, Inc., Annual General Meeting, May 19, 2022

UDR, Inc. has completed a Follow-on Equity Offering in the amount of $406 million.

Udr, Inc. Declares Dividend Outlook for the First Quarter and Full Year of 2022

UDR, Inc. Declares Dividend for the First Quarter and Full Year of 2022

UDR, Inc Provides Earnings Guidance for the Full Year of 2021

UDR, Inc. (NYSE:UDR) agreed to acquire 945-Home Community in Suburban Dallas for approximately $170 million.

UDR, Inc. Announces Dividend, Payable on April 30, 2021

UDR, Inc. Declares Regular Quarterly Dividend on Common Stock for the First Quarter of 2021, Payable on April 30, 2021

UDR, Inc. to Report Q4, 2020 Results on Feb 09, 2021

UDR, Inc. Announces Executive Changes, Effective January 1, 2021

CBRE Global Investors, LLC acquired 150-unit apartment community in Charlotte, N.C. from UDR, Inc. (NYSE:UDR) and MetLife Real Estate Investments.

An unknown buyer acquired DelRay Tower from UDR, Inc. (NYSE:UDR) for approximately $150 million.

UDR, Inc. (NYSE:UDR) acquired Village at Valley Forge for $16.2 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age