In 2023, Timothy J. Naughton earned $560.45K in total compensation at AvalonBay Communities. Most recently acquired 2,835 shares in May 2024. Currently holds stock worth $47.86M. Has donated $10.42M in stock to charitable causes. Has led AvalonBay Communities for over 13 years.
Compensation History
Annual executive compensation data for Timothy J. Naughton, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$560.45K
Salary
$0.00
Bonus
$0.00
Other
$560.45K
Salary
$0.00Board Justification
The compensation philosophy emphasizes alignment with company performance and shareholder interests, focusing on attracting and retaining top talent.
Bonus
$0.00Board Justification
No cash bonus was reported for 2023 as he served as non-executive Chairman of the Board.
Other Compensation
$560.45KBoard Justification
This amount includes compensation for his role as non-executive Chairman of the Board, which includes a retainer and stock awards.
Restricted Stock
Board Justification
No stock awards were reported as vested for 2023 since he was not an active executive officer during the year.
Performance Metrics
Performance metrics for executive compensation are based on financial performance measures such as Core FFO per share and Total Shareholder Return.
Timothy J. Naughton
CEO of AvalonBay Communities
Education
MBA from Harvard Business School; undergraduate degree in Economics from the University of Virginia.
Field of Expertise
Real Estate & Construction - Real Estate
Sector of Economy
Real Estate
Born
September 1, 1961 - 64 years ago
CEO of AvalonBay Communities for
13 years 11 months (Jan 2012 - Present)
Previous Experience
President since February 2005; Chief Operating Officer since February 2001.
Other AvalonBay Communities CEOs
Holdings
Track Timothy J. Naughton's stock holdings and portfolio value over time.
Total Stock Sold
$103.08M
$103.08M
619,677 AVB shares
What if they kept their stock?
If Timothy J. Naughton didn't sell their stock, today they would have:
Extra AVB619,677 shares worth $111.18M.
This is 7.87% and $8.11M more than what they got when they sold the stock.
Charitable Transactions
58,088 shares
AVB
Recent Charitable Transactions
14,124 shares
AVB
Dec 31, 2022
Charity
100 shares
AVB
Mar 1, 2022
Charity
14,764 shares
AVB
Dec 31, 2021
Charity
100 shares
AVB
Aug 31, 2021
Charity
100 shares
AVB
Dec 31, 2020
Charity
11,896 shares
AVB
Nov 15, 2019
Charity
Insider Trading
Timothy J. Naughton's recent stock transactions, purchases, and sales filed with the SEC.
2,835 shares
BXP
May 30, 2024
Received
980 shares
AVB
May 23, 2024
Received
44,617 shares
AVB
Feb 13, 2024
Received
990 shares
AVB
Jun 1, 2023
Received
17,944 shares
AVB
Feb 23, 2023
Received
379 shares
AVB
Jan 30, 2023
Received
14,124 shares
AVB
Dec 31, 2022
Charity
14,024 shares
AVB
Dec 31, 2022
Charity
100 shares
AVB
Mar 1, 2022
Charity
30,471 shares
AVB
Feb 17, 2022
Received
Rivals
Compare Timothy J. Naughton with competitor CEOs and industry peers.
Jerry A. Davis
CEO of UDR
2023 Compensation
Stock
$9.13M
Salary
$950.00K
Bonus
$0.00
Other
$199.43K
Total Holdings
$9.59M
D. Keith Oden
CEO of Camden Property Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$3.81M
Other
$3.00K
Total Holdings
$60.84M
Richard J. Campo
CEO of Camden Property Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$3.82M
Other
$3.00K
Total Holdings
$35.11M
Angela L. Kleiman
CEO of Essex Property Trust
2023 Compensation
Stock
$1.10M
Salary
$862.50K
Bonus
$2.17M
Other
$47.82K
Total Holdings
$6.92M
David J. Neithercut
CEO of Equity Residential
2023 Compensation
Stock
$6.65M
Salary
$900.00K
Bonus
$2.31M
Other
$15.44K
Total Holdings
$98.74K