In 2015, Stephen E. Sterrett earned $4.76M in total compensation at Simon Property Group, including $1.25M salary and $3.50M bonus. Most recently sold 4,202 shares in Feb 2025. Currently holds stock worth $35.97M. Led Simon Property Group as CEO for 2 years.
Compensation History
Annual executive compensation data for Stephen E. Sterrett, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$4.76M
Salary
$1.25M
Bonus
$3.50M
Other
$13.43K
Salary
$1.25MBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's financial performance and shareholder interests.
Bonus
$3.50MBoard Justification
Annual Cash Incentive Compensation based on achievement of financial and operational goals, paid in 2016 for 2015 performance.
Other Compensation
$13.43KBoard Justification
Includes 401(k) contributions and life insurance premiums.
Restricted Stock
Board Justification
No stock vested in 2015 as the focus is on performance-based LTIP awards which are subject to future vesting requirements.
Performance Metrics
The performance metrics for the CEO's compensation are based on funds from operations (FFO) and total shareholder return (TSR) relative to industry benchmarks.
Stephen E. Sterrett
Ex-CEO of Simon Property Group
Education
Bachelor's degree from the University of Notre Dame
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1955 - 70 years ago
CEO of Simon Property Group for
2 years 2 months (Jan 2013 - Mar 2015)
Previous Experience
CFO of Simon Property Group, Inc.
Holdings
Track Stephen E. Sterrett's stock holdings and portfolio value over time.
Total Stock Sold
$2.05M
$1.75M
9,369 SPG shares
$302.25K
4,202 EQR shares
What if they kept their stock?
If Stephen E. Sterrett didn't sell their stock, today they would have:
Extra SPG9,369 shares worth $1.72M and EQR4,202 shares worth $258.89K.
This is -3.5% and $71.66K less than what they got when they sold the stock.
Insider Trading
Stephen E. Sterrett's recent stock transactions, purchases, and sales filed with the SEC.
$303.43K
EQR at $72.21/share
Feb 5, 2025
Sale
3,095 shares
EQR
Jun 20, 2024
Received
$99.99K
EQR at $50.60/share
Feb 28, 2024
Received
$793.75K
BERY at $31.75/share
Feb 9, 2024
Received
2,863 shares
EQR
Jun 15, 2023
Received
$99.96K
EQR at $53.03/share
Feb 28, 2023
Received
$99.96K
EQR at $64.45/share
Aug 15, 2022
Received
2,764 shares
EQR
Jun 16, 2022
Received
2,025 shares
EQR
Jun 17, 2021
Received
$99.99K
EQR at $53.13/share
Mar 1, 2021
Received
Rivals
Compare Stephen E. Sterrett with competitor CEOs and industry peers.
Conor C. Flynn
CEO of Kimco Realty
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.92M
Other
$26.34K
Total Holdings
$57.98M
Lisa Palmer
CEO of Regency Centers
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.71M
Other
$20.22K
Total Holdings
$22.21M
Donald C. Wood
CEO of Federal Realty
2023 Compensation
Stock
$5.55M
Salary
$1.00M
Bonus
$1.41M
Other
$33.01K
Total Holdings
$98.53K
John P. Case
CEO of Realty Income
2023 Compensation
Stock
$7.40M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$434.64K
Sumit Roy
CEO of Realty Income
2023 Compensation
Stock
$5.96M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$40.70M