Sundar PichaiSundar Pichai earned $164M in 2023

Gary A. Shiffman is the Chairman and CEO of Sun Communities, a company he's been part of since its beginning in 1993. With a solid background in management, he's led many projects in developing and expanding manufactured housing communities. Under...

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Gary A. Shiffman

Founder and CEO of Sun Communities

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Real Estate

Born

January 1, 1955 - 70 years ago

CEO of Sun Communities for

32 years 3 months (Jan 1993 - Present)

Previous Experience

Director and executive officer since inception in 1993

Holdings

See how much did Gary A. Shiffman make over time.

Gary A. Shiffman’s holdings reflect the volatile nature of the stock market. In 2019, his shares were valued at a peak of around $244.7 million, demonstrating a strong growth phase for the company. However, by early 2023, the value had...

Total Stock Sold

$77.92M

SUI

$77.92M

434,276 SUI shares

What if they kept their stock?

If Gary A. Shiffman didn't sell their stock, today they would have:
Extra SUI434,276 shares worth $53.95M.
This is -30.76% and $23.97M less than what they got when they sold the stock.

Charitable Transactions

SUI

1,234,864 shares

SUI

Recent Charitable Transactions

SUI

850 shares

SUI

Dec 31, 2024

Charity

SUI

10,800 shares

SUI

Mar 17, 2023

Charity

SUI

410,543 shares

SUI

Dec 31, 2022

Charity

SUI

44,000 shares

SUI

Jul 28, 2021

Charity

SUI

168,671 shares

SUI

Dec 31, 2020

Charity

SUI

600,000 shares

SUI

Mar 24, 2020

Charity

Insider Trading

See recent insider trades of Gary A. Shiffman.

SUI

$4.01M

SUI at $133.63/share

Mar 7, 2025

Received

SUI

82,078 shares

SUI

Jan 21, 2025

Charity

SUI

850 shares

SUI

Dec 31, 2024

Charity

SUI

$660.65K

SUI at $132.13/share

Mar 4, 2024

Received

SUI

66,300 shares

SUI

Jan 12, 2024

Charity

SUI

66,300 shares

SUI

Jan 12, 2024

Charity

SUI

21,656 shares

SUI

May 1, 2023

Charity

SUI

10,800 shares

SUI

Mar 17, 2023

Charity

SUI

$10.99M

SUI at $146.55/share

Feb 23, 2023

Received

SUI

42,506 shares

SUI

Feb 21, 2023

Charity

Compensation History

See how much did Gary A. Shiffman make over time.

In 2022, Gary A. Shiffman received a total compensation of about $14.9 million as CEO of Sun Communities. This included a salary of $900,000, a performance-based bonus, and stock awards valued at over $11 million. His pay package is designed to link his earnings to the company's performance, making him more accountable for its success. The impressive stock awards show confidence in his leadership and the direction he’s taking the company. Over the years, his compensation has varied, mirroring the company's performance and changes in the market. Shiffman’s ability to drive growth and negotiate acquisitions plays a big role in his earnings, reinforcing the idea that his compensation is tied closely to how well the company does.

Year

2022

Total Compensation

$22.59M

Salary

$900.00K

Board Justification

The compensation philosophy aims to attract and retain skilled executives, linking compensation to performance metrics and aligning with shareholder interests.

Bonus

$1.67M

Board Justification

Annual incentive based on performance metrics including Core FFO growth, Same Property NOI growth, acquisitions, and ESG initiatives for the year 2022, paid in 2023.

Other

$6.13K

Board Justification

Other compensation includes benefits provided under non-discriminatory benefit plans available to all employees.

Restricted Stock

$20.01M(107.72K RSU)

Board Justification

Vested stock awards based on performance metrics from previous years, specifically for the years 2019 and 2021, which vested in 2022.

Performance Metrics

Core FFO growth, Same Property NOI growth, acquisitions, and ESG initiatives.

Other Sun Communities CEOs

Here are other CEOs of Sun Communities