People: Equity Residential (EQR)
EQR on New York Consolidated
60.30USD
24 May 2013
60.30USD
24 May 2013
Price Change (% chg)
$0.12 (+0.20%)
$0.12 (+0.20%)
Prev Close
$60.18
$60.18
Open
$59.97
$59.97
Day's High
$60.38
$60.38
Day's Low
$59.39
$59.39
Volume
2,630,059
2,630,059
Avg. Vol
2,104,091
2,104,091
52-wk High
$65.72
$65.72
52-wk Low
$53.25
$53.25
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Samuel Zell |
71 | 1993 | Chairman of the Board of Trustee |
David Neithercut |
56 | 2006 | President, Chief Executive Officer, Trustee |
Gerald Spector |
65 | 2008 | Independent Vice Chairman of the Board of Trustee |
Mark Parrell |
45 | 2007 | Chief Financial Officer, Executive Vice President |
David Santee |
54 | 2013 | Chief Operating Officer, Executive Vice President |
Alan George |
54 | 2002 | Executive Vice President, Chief Investment Officer |
Bruce Strohm |
57 | 2011 | Executive Vice President, General Counsel, Corporate Secretary |
John Powers |
64 | 2005 | Executive Vice President - Human Resources |
Mark Tennison |
51 | 2004 | Executive Vice President - Development |
Frederick Tuomi |
57 | 2005 | Executive Vice President, President - Property Management |
John Alexander |
65 | 1993 | Independent Trustee |
Charles Atwood |
2009 | Lead Independent Trustee | |
Linda Bynoe |
60 | 2009 | Independent Trustee |
Mary Haben |
56 | 2011 | Independent Trustee |
Bradley Keywell |
42 | 2011 | Independent Trustee |
John Neal |
61 | 2006 | Independent Trustee |
Mark Shapiro |
43 | 2010 | Independent Trustee |
B. Joseph White |
64 | 1993 | Independent Trustee |
Marty McKenna |
Investor Relations Contact |
Biographies
| Name | Description |
|---|---|
Samuel Zell |
Mr. Samuel Zell is Chairman of the Board of Trustee of Equity Residential, since March 1993. Mr. Zell is chairman and chief executive officer of Equity Group Investments, L.L.C., the private entrepreneurial investment firm he founded more than 40 years ago. He is also co-founder and chairman of Equity International, a private investment firm focused on real estate-related companies outside the U.S., including three publicly-held portfolio companies listed on the NYSE: Gafisa in Brazil; Xinyuan in China; and Homex in Mexico; and a fourth, BR Malls, Brazil’s retail property owner and operator, listed on the Bovespa exchange. Currently, he also serves as chairman of Anixter International, Inc., Capital Trust, Covanta Holding Corporation and Equity LifeStyle Properties, Inc. Previously, Mr. Zell served as chairman of Equity Office Properties Trust, which was sold in February 2007 for $39 billion in the ever private equity transaction at the time. Mr. Zell is also the chairman of the Tribune Company and was its Chief Executive Officer from December 2007 to December 2009. Mr. Zell serves on the JPMorgan National Advisory Board, the President’s Advisory Board at the University of Michigan, the Visitor’s Committee at the University of Michigan Law School, and with the combined efforts of the University of Michigan Business School, established the Zell/Lurie Entrepreneurial Center. He was appointed a DeRoy Visiting Professor in Honors at the College of Literature, Science and the Arts at the University of Michigan. Mr. Zell received a J.D. from the University of Michigan Law School. |
David Neithercut |
Mr. David J. Neithercut is President, Chief Executive Officer, Trustee of Equity Residential. He has been a Trustee and Chief Executive Officer of the Company since January 2006 and President of the Company since May 2005. He was Executive Vice President — Corporate Strategy of the Company from January 2004 to May 2005, and Executive Vice President and Chief Financial Officer of the Company from February 1995 to August 2004. Prior to joining Equity Residential, Mr. Neithercut served as Senior Vice President of Finance for Equity Group Investments, L.L.C., an owner, manager and financier of real estate and corporations. Mr. Neithercut serves as a director of General Growth Properties, Inc. He serves on the Board of Governors and Executive Committee of NAREIT, as well as the Executive Committee of the National Multi Housing Council. Mr. Neithercut is also a member of the Urban Land Institute. Mr. Neithercut received an M.B.A. from the Columbia University Graduate School of Business. |
Gerald Spector |
Mr. Gerald A. Spector is Independent Vice Chairman of the Board of Trustee of Equity Residential, since January 2008. He has been a Trustee of the Board since March 1993. Mr. Spector was the Chief Operating Officer of the Tribune Company from December 2009 through December 2010, and served as its Chief Administrative Officer in 2008. Mr. Spector was Executive Vice President of the Company from March 1993 and Chief Operating Officer of the Company from February 1995 until his retirement in December 2007. He began his real estate career in the early 1970s and has prior public and private board experience as well. Mr. Spector is a Certified Public Accountant. |
Mark Parrell |
Mr. Mark J. Parrell is Executive Vice President and Chief Financial Officer of Equity Residential, since October 2007. Mr. Parrell was Senior Vice President and Treasurer of the Company from August 2005 to October 2007, and was First Vice President – Capital Markets of the Company from February 2003 to July 2005. Mr. Parrell received a J.D. from Georgetown University Law School. |
David Santee |
Mr. David S. Santee has been appointed as Chief Operating Officer, Executive Vice President of Equity Residential, effective April 15, 2013. Mr. Santee joined the Company in November 1994 and has been Executive Vice President – Operations of the Company since January 2007. He served as Executive Vice President – Eastern Division of the Company from November 1996 to December 2006. |
Alan George |
Mr. Alan W. George is Executive Vice President and Chief Investment Officer of Equity Residential, since January 2002. Mr. George was Executive Vice President – Acquisitions/Dispositions from February 1997 to January 2002. Mr. George serves on the Executive Committee of the National Multi Housing Council and is also a member of the Urban Land Institute and the National Association of Home Builders. |
Bruce Strohm |
Mr. Bruce C. Strohm is Executive Vice President, General Counsel, Corporate Secretary of Equity Residential. He has been Executive Vice President and General Counsel of the Company since March 1995 and Corporate Secretary of the Company since March 2011. Mr. Strohm was also Corporate Secretary of the Company from November 1995 to December 2006. Mr. Strohm received a J.D. from Northwestern University Law School. |
John Powers |
Mr. John Powers is Executive Vice President - Human Resources of Equity Residential, since December 2005. Mr. Powers was Senior Vice President – Human Resources from October 2000 to December 2005. |
Mark Tennison |
Mr. Mark N. Tennison is Executive Vice President - Development of Equity Residential, since March 2004. Mr. Tennison was Senior Vice President and Chief Operating Officer of Pritzker Residential, a private multifamily investment and operating company, from October 1997 through March 2003. |
Frederick Tuomi |
Mr. Frederick C. Tuomi is no longer Executive Vice President, President - Property Management of Equity Residential effective June 30, 2013 . Mr. Tuomi has been President – Property Management of the Company since March 2005. Mr. Tuomi has been Executive Vice President of the Company since January 1994 and served as President – Western Division from April 1999 to March 2005. |
John Alexander |
Mr. John W. Alexander is Independent Trustee of Equity Residential, since May 1993. He has been President of Mallard Creek Capital Partners, Inc., an investment company with interests in real estate, development entities and operating companies, since 1994. He also has been a partner of Meringoff Equities, a real estate investment company, since 1987 and previously served as its Chief Financial Officer and as a managing director. He had earlier careers at Citibank and Toronto-based Cadillac Fairview, which was North America’s public real estate company at that time. He served on the board of directors of Jacor Communications, Inc., a media corporation and one of the owners of radio stations in the U.S., before its sale in May 1999. |
Charles Atwood |
Mr. Charles L. Atwood is Lead Independent Trustee of Equity Residential, since March 2009. He has been a Trustee of the Company since July 2003. Mr. Atwood served as Vice Chairman of the Board of Directors of Harrah’s Entertainment, Inc. (now known as Caesars Entertainment Corporation), a private gaming and hospitality company, until retiring from Harrah’s in December 2008. Mr. Atwood had been Vice Chairman of Harrah’s public predecessor company until its sale in January 2008, a member of its Board since 2005, its Chief Financial Officer from 2001 to 2006, and had been with Harrah’s and its predecessors since 1979. Mr. Atwood is director of Gala Coral, a private United Kingdom gaming industry company. Mr. Atwood received an M.B.A. in finance from Tulane University. During his tenure at Harrah’s, Mr. Atwood led that company’s merger, acquisition and divestiture activities, new development, and design and construction projects, representing tens of billions of dollars of transactions. |
Linda Bynoe |
Ms. Linda Walker Bynoe is Independent Trustee of Equity Residential, since December 2009. Ms. Bynoe has been President and Chief Executive Officer of Telemat Ltd., a management consulting firm, since 1995 and served as its Chief Operating Officer from 1989 through 1994. Ms. Bynoe served as a Vice President – Capital Markets for Morgan Stanley from 1985 to 1989, joining the firm in 1978. Ms. Bynoe serves as a director of Anixter International, Inc., Northern Trust Corporation, Prudential Retail Mutual Funds and Simon Property Group, Inc. Ms. Bynoe received an M.B.A. from Harvard Business School. |
Mary Haben |
Ms. Mary Kay Haben is Independent Trustee of Equity Residential, since July 2011. Ms. Haben served as the President-North America for the Wm. Wrigley Jr. Company, a confectionary company, until her retirement in February 2011. At Wrigley, Ms. Haben drove growth through new product and packaging innovation, as well as marketing efforts in emerging social media. Prior to joining Wrigley in 2007, Ms. Haben held various executive positions during her 27-year career at Kraft Foods Inc. These included business divisions and functions for Kraft, driving bottom line growth through marketing innovation and brand positioning efforts, as well as acquisitions and productivity initiatives. She is a former director of Liz Claiborne, Inc. Ms. Haben received an M.B.A. from the University of Michigan Ross School of Business. |
Bradley Keywell |
Mr. Bradley A. Keywell is Independent Trustee of Equity Residential, since April 2011. Mr. Keywell is a co-founder and director of Groupon, Inc; MediaBank LLC, a provider of integrated media procurement technology; and Echo Global Logistics, Inc., a public transportation management firm. He is also a managing partner of Lightbank, a venture fund, and Meadow Lake Management LLC, an investment and advisory firm. Mr. Keywell is an Adjunct Professor at the University of Chicago Booth School of Business. From 2002 to 2003, he worked for Equity Group Investments, L.L.C., an owner, manager and financier of real estate and corporations, identifying investment opportunities and serving as board liaison to several portfolio companies. Mr. Keywell received a J.D. from the University of Michigan Law School. |
John Neal |
Mr. John E. Neal is Independent Trustee of Equity Residential, since July 2006. Mr. Neal is a partner of Linden LLC, a private equity firm. Mr. Neal has over 30 years of experience in executive positions in the financial services and banking industries with a primary focus on real estate finance. He led Bank One Corporation’s real estate lending and corporate banking businesses until the company was merged with JP Morgan Chase & Co. in July 2004. Prior to joining Bank One, Mr. Neal led the real estate lending businesses at Kemper Financial Services and Continental Bank. He serves as a trustee of the Calamos Mutual Funds and also serves on the boards of private companies in a wide array of industries. He received an M.B.A. from Harvard Business School. |
Mark Shapiro |
Mr. Mark S. Shapiro is Independent Trustee of the Board of Equity Residential, since January 2010. Mr. Shapiro has served as the Chief Executive Officer of Dick Clark Productions since May 2010. Mr. Shapiro was the Chief Executive Officer and a director of Six Flags, Inc., the world’s regional theme park company, from December 2005 through May 2010. Six Flags, Inc. filed a voluntary petition to restructure its debt obligations under Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in June 2009 and emerged from Chapter 11 in May 2010. Prior to joining Six Flags, Inc., Mr. Shapiro spent 12 years at ESPN, Inc., where he served as Executive Vice President, Programming and Production and in various other capacities. At ESPN, he had responsibility in building the strength of the network’s brand and garnered numerous Emmy and Peabody awards during his tenure. Mr. Shapiro also currently serves as a director of Live Nation, Inc., Frontier Communications Corporation, Papa John’s International, Inc. and the Tribune Company, a private media conglomerate. The Tribune Company filed a voluntary petition to restructure its debt obligations under Chapter 11 in December 2008. |
B. Joseph White |
Mr. B. Joseph White is Independent Trustee of Equity Residential, since May 1993. Mr. White is President Emeritus of the University of Illinois and James F. Towey Professor of Business and Leadership in the College of Business at the University's Urbana-Champaign campus. Mr. White served as President of the University of Illinois, a $4.5 billion enterprise with multiple locations and 25,000 employees, from February 2005 to December 2009, and in January 2010 was appointed President Emeritus. Mr. White was a professor at the University of Michigan Business School from 1987 through 2004, served as the Dean of the Business School from 1991 to 2001 and as Interim President of the University of Michigan in 2002. His executive experience has included serving as vice president for management development, personnel and public affairs of Cummins, Inc., a global manufacturing company. Mr. White is a director of Kelly Services, Inc. He previously served as a director of Kaydon Corporation and has served as a director of numerous non-profit boards. Mr. White received an M.B.A., with distinction, from Harvard Business School and a doctorate in Business Administration from the University of Michigan. |
Marty McKenna |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Samuel Zell |
-- |
David Neithercut |
11,307,400 |
Gerald Spector |
3,795,510 |
Mark Parrell |
1,669,440 |
David Santee |
1,740,040 |
Alan George |
2,079,210 |
Bruce Strohm |
1,304,570 |
John Powers |
-- |
Mark Tennison |
-- |
Frederick Tuomi |
2,041,300 |
John Alexander |
-- |
Charles Atwood |
-- |
Linda Bynoe |
-- |
Mary Haben |
-- |
Bradley Keywell |
-- |
John Neal |
-- |
Mark Shapiro |
-- |
B. Joseph White |
-- |
Marty McKenna |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Samuel Zell |
0 | 0 |
David Neithercut |
1,020,896 | 16,317,880 |
Gerald Spector |
1,302,302 | 15,006,040 |
Mark Parrell |
52,057 | 1,446,940 |
David Santee |
81,716 | 2,151,060 |
Alan George |
514,998 | 8,072,020 |
Bruce Strohm |
30,000 | 269,100 |
John Powers |
0 | 0 |
Mark Tennison |
0 | 0 |
Frederick Tuomi |
519,445 | 8,176,870 |
John Alexander |
0 | 0 |
Charles Atwood |
0 | 0 |
Linda Bynoe |
0 | 0 |
Mary Haben |
0 | 0 |
Bradley Keywell |
0 | 0 |
John Neal |
0 | 0 |
Mark Shapiro |
0 | 0 |
B. Joseph White |
0 | 0 |
Marty McKenna |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SANTEE DAVID S |
12,937 | $59.38 |
SHAPIRO MARK S |
2,076 | $48.17 |
KAUFMAN IAN |
20 | $48.17 |
HABEN MARY KAY |
1,038 | $48.17 |
GEORGE ALAN W |
9,533 | $59.22 |
POWERS JOHN |
2,805 | $59.26 |
ZELL SAMUEL |
17,733 | $0.00 |
ZELL SAMUEL |
17,733 | $0.00 |
KAUFMAN IAN |
3,546 | $0.00 |
ATWOOD CHARLES L |
5,427 | $26.24 |
ATWOOD CHARLES L |
2,555 | $55.95 |
ZELL SAMUEL |
17,733 | $0.00 |
GEORGE ALAN W |
5,608 | $55.24 |
KAUFMAN IAN |
88 | $46.78 |
BYNOE LINDA WALKER |
2,138 | $46.78 |
SPECTOR GERALD A |
2,138 | $46.78 |
ALEXANDER JOHN W |
2,138 | $46.78 |
STROHM BRUCE C |
2,138 | $46.78 |
TUOMI FREDERICK C |
2,138 | $46.78 |
KEYWELL BRADLEY A |
2,138 | $46.78 |
ZELL SAMUEL |
2,138 | $46.78 |
KAUFMAN IAN |
483 | $55.51 |
POWERS JOHN |
1,477 | $55.51 |
ZELL SAMUEL |
44,463 | $0.00 |
KAUFMAN IAN |
1,795 | $0.00 |

