Alexander KarpAlexander Karp earned $1B in 2024

In 2023, David Simon earned $11.07M in total compensation at Simon Property Group, including $1.25M salary, $4.00M bonus and $5.51M in stock. Most recently acquired 10,118 shares in Aug 2021. Currently holds stock worth $170.05M. Has led Simon Property Group for over 30 years.

Compensation History

Annual executive compensation data for David Simon, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$11.07M

Salary

$1.25M

Bonus

$4.00M

Other

$314.05K

Salary

$1.25M

Board Justification

The compensation philosophy aligns with company performance, emphasizing pay-for-performance and long-term shareholder value creation.

Bonus

$4.00M

Board Justification

Annual Cash Incentive Compensation based on performance metrics including FFO growth and individual contributions to company performance.

Other Compensation

$314.05K

Board Justification

Includes contributions to the 401(k) plan and other benefits.

Restricted Stock

$5.51M46.9K RSU

Board Justification

Restricted Stock Units (RSUs) and Long-Term Incentive Plan (LTIP) units that vested on January 1, 2023, as part of the 2019-2021 LTI Plan.

Performance Metrics

Performance metrics include FFO growth, net income growth, and portfolio NOI growth.

S

David Simon

CEO of Simon Property Group

Education

Bachelor's degree from the University of Maryland, College Park

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

May 2, 1965 - 60 years ago

CEO of Simon Property Group for

30 years 11 months (Jan 1995 - Present)

Previous Experience

Various roles within Simon Property Group since 1993

Holdings

Track David Simon's stock holdings and portfolio value over time.

Insider Trading

David Simon's recent stock transactions, purchases, and sales filed with the SEC.

APO

10,118 shares

APO

Aug 19, 2021

Received

SPG

$9.12M

SPG at $60.83/share

Mar 17, 2020

Purchase

SPG

$895.34K

SPG at $130.57/share

Dec 30, 2011

Received

Rivals

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