Veris Residential Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Mahbod Nia (46 yo)

2.42yrs

Tenure

US$11,144,604

Compensation

Mr. Mahbod Nia serves as Chief Executive Officer at Veris Residential, Inc. (formerly known as Mack-Cali Realty Corporation) since March 8, 2021, Director since March 8, 2021 and served as its Independent...


CEO Compensation Analysis

How has Mahbod Nia's remuneration changed compared to Veris Residential's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

-US$114m

Jun 30 2022n/an/a

-US$44m

Mar 31 2022n/an/a

-US$149m

Dec 31 2021US$11mUS$653k

-US$162m

Sep 30 2021n/an/a

-US$116m

Jun 30 2021n/an/a

-US$160m

Mar 31 2021n/an/a

-US$126m

Dec 31 2020US$191kn/a

-US$137m

Compensation vs Market: Mahbod's total compensation ($USD11.14M) is above average for companies of similar size in the US market ($USD5.49M).

Compensation vs Earnings: Mahbod's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Mahbod Nia
CEO & Director1.67yrsUS$11.14m0.12%
$ 2.0m
Amanda Lombard
Chief Financial Officer0.58yrno data0.029%
$ 469.9k
Anna Malhari
Executive VP & COO1.42yrsno data0.045%
$ 711.9k
Jeffrey Turkanis
Executive VP & Chief Investment Officer0.58yrno data0.029%
$ 456.6k
Gwendolyn Marnell
Chief Accounting Officer0.83yrno datano data
Giacomo Mascillaro
Senior VPno datano datano data
Taryn Fielder
General Counsel & Secretary0.58yrno data0.027%
$ 429.8k
Nicole Jones
Senior Vice President of Marketing & Communications1.17yrsno datano data
Lori Jean Milo
Senior Vice President of Human Resource0.83yrno datano data
Susan Epstein
Senior Vice President of Legal0.83yrno datano data
Robert Cappy
Chief Financial Officer of Veris Residential Trustno datano datano data
Mark Sheeleigh
Senior Vice President of Developmentno datano datano data

0.8yrs

Average Tenure

41yo

Average Age

Experienced Management: VRE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mahbod Nia
CEO & Director2.42yrsUS$11.14m0.12%
$ 2.0m
Lee Wielansky
Independent Director2.33yrsno datano data
John Cali
Member of Advisory Boardno dataUS$28.00kno data
Alan Batkin
Independent Director3.42yrsUS$199.94k0.027%
$ 437.1k
Robert Weinberg
Member of Advisory Boardno dataUS$28.00kno data
Victor MacFarlane
Independent Director1.42yrsUS$143.41k0.014%
$ 223.9k
Howard Stern
Independent Director2.42yrsUS$198.73k0.020%
$ 327.1k
Nori Lietz
Independent Director3.42yrsUS$197.59k0.025%
$ 402.0k
Frederic Mack
Member of Advisory Boardno datano datano data
Frederic Cumenal
Independent Director3.42yrsUS$217.80k0.025%
$ 402.0k
A. Katz
Independent Director2.42yrsUS$222.09k0.024%
$ 376.3k
Tammy Jones
Board Chair & Lead Independent Director2.42yrsUS$263.47k0.020%
$ 327.1k

2.4yrs

Average Tenure

65yo

Average Age

Experienced Board: VRE's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.