Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2001-04-30 | Michael D. Fascitelli(1)............... 44 President and Director of the Company; President and Trustee of Vornado since December 1996; President and Director of Vornado Operating Company ("Vornado Operating"); Partner at Goldman Sachs, in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto. |
| 2002-04-30 | Michael D. Fascitelli(3)............... 45 President and Director of the Company; President and Trustee of Vornado since December 1996; President and Director of Vornado Operating Company, Partner at Goldman Sachs, in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto. The Board of Directors held three meetings during 2001. Messrs. Roth, Fascitelli, West and Wight are the members of the Executive Committee of the Board of Directors, which is authorized to exercise virtually all the powers of the Board of Directors in the management of the business and affairs of the Company to the fullest extent permitted by law. |
| 2003-04-30 | Michael D. Fascitelli 46 President of the Company since August 2000; President 2004; and a trustee of Vornado since December 1996; President and a director of Vornado Operating since 1998. |
| 2004-04-29 | Michael D. Fascitelli 47 President of the Company since August 2000; President 2004 1996 and a trustee of Vornado since December 1996; President and a director of Vornado Operating Company ("Vornado Operating") (an investor in operating businesses) since 1998; Partner at Goldman Sachs & Co. (an investment banking firm) in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto. |
| 2005-04-27 | Michael D. Fascitelli 48 President of the Company since August 2000; President and a Trustee of Vornado since December 1996 |
| 2006-04-28 | In consideration for his services as our Chief Operating Officer, Mr. Mann receives $250,000 per annum. During 2005, the other directors of the Company received annual retainers and an additional $500 for each Board or committee meeting attended. Directors receive annual retainers in the following amounts: Messrs. DiBenedetto, Sonnenblick and Dr. West 6,000 each and Messrs. Roth, Fascitelli, Mandelbaum, Underberg and Wight 30,000 each. |
| 2007-04-26 | Michael D. Fascitelli 50 President of the Company since August 2000; President and a trustee of Vornado since December 1996; Partner at Goldman, Sachs & Co. (an investment banking firm) in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto; a director of Toys "R" Us, Inc. (a retailer) and a trustee of GMH Communities Trust (a real estate investment trust) 2010 1996 During 2006, the other directors of the Company received annual retainers and an additional $500 for each Board or committee meeting attended. Directors receive annual retainers in the following amounts: Messrs. DiBenedetto, Sonnenblick, Underberg and Dr. West — $50,000 each and Messrs. Roth, Fascitelli, Mandelbaum and Wight — $30,000 each. The following table sets forth the compensation (other than that received in such director's capacity as an officer) for the members of the Company's Board of Director's for 2006. Fees Earned or Paid in Cash Michael D. Fascitelli 31,500 Summary Compensation Table 2006 Michael D. Fascitelli 2006 — 87,661,000 87,661,000 Grants of Plan-Based Awards in 2006 Michael D. Fascitelli 1/10/06 350,000 243.83 9,145,000 Stock Appreciation Rights In 2000, the Company, with the agreement of Messrs. Roth and Fascitelli, converted the then-existing options held by Messrs. Roth and Fascitelli into SARs. Following the conversion, Mr. Roth held 350,000 SARs with an exercise price of $70.375 and an expiration date of March 4, 2009 and Mr. Fascitelli held 350,000 and 150,000 SARs with exercise prices of $73.88 and $70.375 and expiration dates of December 5, 2006 and March 4, 2009, respectively. On December 29, 2005, Mr. Fascitelli exercised 350,000 of his existing SARs, which were scheduled to expire in December 2006 and received $173.82 for each SAR exercised, representing the difference between the average of the high and low market price of the Company's common stock on the date of exercise and the exercise price. This exercise was consistent with the Company's tax planning. On January 10, 2006, the Omnibus Stock Plan Committee of our Board granted Mr. Fascitelli SARs covering 350,000 shares of the Company's common stock. The exercise price of the SARs are $243.83 per share of common stock, which is the average high and low trading price of our common stock on the date of grant. Mr. Fascitelli's early exercise and the related tax consequences for the Company were factors in our decision to make a new grant to him. The new January 10, 2006 SARs became exercisable on July 10, 2006, and were exercised by Mr. Fascitelli on March 13, 2007 (one day prior to their expiration on March 14, 2007). Upon exercise, Mr. Fascitelli received $144.185 per SAR (representing the difference between the average of the high and low market price of our common stock on the date of exercise and the exercise price.) Executive Committee The Executive Committee possesses and may exercise all the authority and powers of the Board in the management of the business and affairs of the Company, except those reserved to the Board by the Delaware General Corporation Law. The Executive Committee consists of four members, Messrs. Roth, Fascitelli, Wight and Dr. West. Mr. Roth is the Chairman of the Executive Committee. The Executive Committee did not meet in 2006. |
| 2008-04-04 | Michael D. Fascitelli President of the Company since August 2000; President and a trustee of Vornado since December 1996; Partner at Goldman, Sachs & Co. (an investment banking firm) in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto; a director of Toys "R" Us, Inc. (a retailer) and a trustee of GMH Communities Trust (a real estate investment trust) The Executive Committee consists of four members, Messrs. Roth, Fascitelli, Wight and Dr. West. Mr. Roth is the Chairman of the Executive Committee. During 2007, the Companys directors received annual retainers and an additional $500 for each Board or committee meeting attended. Directors receive annual retainers in the following amounts: Messrs. DiBenedetto, Sonnenblick, Underberg and Dr. West 6,000 each and Messrs. Roth, Fascitelli, Mandelbaum and Wight 30,000 each. The following table sets forth the compensation (other than that received in such directors capacity as an officer) for the members of the Companys Board of Directors for 2007. Michael D. Fascitelli 32,000 |
| 2009-04-03 | Michael D. Fascitelli, 52, President of the Company; director compensation $32,500. |
| 2010-04-01 | Michael D. Fascitelli 53 President of the Company since August 2000; Chief Executive Officer of Vornado since May 2009 and its President and a trustee since December 1996; Partner at Goldman, Sachs & Co. (an investment banking firm) in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto; a director of Toys "R" Us, Inc. (a retailer); member of the Board of Trustees of GMH Communities Trust (a real estate investment trust) from August, 2005 to June, 2008 Executive Committee During 2009, the Companys directors received annual retainers and an additional $500 for each Board or committee meeting attended. Directors receive annual retainers in the following amounts: Messrs. DiBenedetto, Sonnenblick, Underberg and Dr. West 950,000 each and Messrs. Roth, Fascitelli, Mandelbaum and Wight 930,000 each. |
| 2011-04-15 | Michael D. Fascitelli 54 President of the Company since August 2000; Chief Executive Officer of Vornado since May 2009 and its President and a trustee since December 1996; Partner at Goldman, Sachs & Co. (an investment banking firm) in charge of its real estate practice from December 1992 to December 1996 and a vice president prior thereto; a director of Toys "R" Us, Inc. (a retailer); member of the Board of Trustees of GMH Communities Trust (a real estate investment trust) from August, 2005 to June, 2008 2013 1996 During 2010, the Company's directors received annual retainers and an additional $500 for each Board or committee meeting attended. Directors receive annual retainers in the following amounts: Messrs. DiBenedetto, Sonnenblick, Underberg and Dr. West 950,000 each and Messrs. Roth, Fascitelli, Mandelbaum and Wight 930,000 each. The following table sets forth the compensation for the members of the Company's Board of Director's for 2010. Michael D. Fascitelli 32,500 |
| 2012-04-13 | Michael D. Fascitelli, 55, President of the Company since 2000; member of Executive Committee; compensation: $84,324 in 2011. |
Data sourced from SEC filings. Last updated: 2025-07-01