SEC Filings

DEF 14A
ACADIA REALTY TRUST filed this Form DEF 14A on 03/26/2019
Entire Document
 

 

 

 

SVP & CFO

Ensure sufficient capital is available to execute the Company’s growth plans

Source both equity and debt capital at the lowest cost possible

Ensure effective communication with the Street (Sellside, Buyside and press releases)

Strong leadership in the disciplines Executive is accountable

Overall Score

3.44

 

 

 

EVP & COO

Improve overall occupancy, same store lease spreads and property operating metrics

Summarize financial detail on all major redevelopment assets, and create tracking mechanism of progress and issues

Maintain and enhance key retailer and other relationships

Strong leadership in the disciplines Executive is accountable

Overall Score

3.50

 

 

 

SVP & CAO

Develop and mentor key performers, and provide leadership and oversight to Company

initiatives regarding cybersecurity, diversity and inclusion

Monitor and contain G&A costs, and oversee cost reduction strategies to improve

efficacy throughout the organization

Enhance employee relations through increased communications, and foster a culture of

compliance and transparency that crosses all disciplines and business lines

Strong leadership in the disciplines Executive is accountable

Overall Score

3.56

 

 

On February 14, 2019, the Board of Trustees approved annual incentives payable at or below target (with the option for each NEO to elect to receive LTIP Units in lieu of cash at a 20% discount) as follows:

 

 

 

 

 

 

 

 

 

 

Named Executive Officer

2018 Target

Cash Bonus

2018 Cash Bonus Payout

Payout as a % of Target

Ken Bernstein, President & CEO

$

1,071,000

 

$

1,002,533

 

93.6%

John Gottfried, SVP & CFO

327,000

 

329,112

 

100.6%

Christopher Conlon, EVP & COO

538,750

 

537,673

 

99.8%

Joseph Napolitano, SVP & CAO

258,000

 

262,354

 

101.7%

 


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