V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Real Estate

Digital Realty Trust Executive Compensation (FY25)

DLR · Dallas, TX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Andrew Power
Latest say-on-pay support
=
May 29, 2026
Velarion Member: every covered company in Real Estate, with dashboards, peer screens and board-ready briefs. Three seats, one year.

The Digital Realty Trust brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
Data as of October 20, 2026Latest filing (8-K): June 1, 2026
13 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Digital Realty Trust brief$1,500Get the executive brief
Velarion Member, one year
278 figures on this page: 269 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Andrew Power: $16,254,113 → $21,071,498 (29.6% higher)
Say-on-pay support: 87.3% → 89.7% (2.4 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Digital Realty Trust's chief executive and what were they paid?
Andrew Power was paid $21,071,498 in total compensation as President & Chief Executive Officer for fiscal 2025. Compared with the $16,254,113 reported for fiscal 2024, Power's total was 29.6% higher.
What was Digital Realty Trust's say-on-pay result?
The say-on-pay proposal drew 89.7% of votes cast for or against in favor at the meeting held May 29, 2026 for fiscal 2025.
Which companies are in Digital Realty Trust's peer group?
The disclosed peer group includes Alexandria Real Estate Equities, American Tower Corporation, Arista Networks, Autodesk, Inc. and Crown Castle International Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Power
President & Chief Executive Officer
◇—◇—◇—◇◇
Gregory Wright
Chief Investment Officer
◇—◇—◇—◇◇
Corey Dyer
Former Chief Revenue Officer
◇—◇—◇—◇◇
Christopher Sharp
Chief Technology Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Power
President & Chief Executive Officer
◇◇◇—◇—◇◇
Gregory Wright
Chief Investment Officer
◇◇◇—◇—◇◇
Corey Dyer
Former Chief Revenue Officer
Departed during or after this year
◇—◇———◇◇
Christopher Sharp
Chief Technology Officer
◇—◇—◇—◇◇
Cindy Fiedelman
Chief Human Resources Officer
◇—◇—◇—◇◇
Matthew Mercier
Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Power
President & Chief Executive Officer
◇—◇—◇—◇◇
Matthew Mercier
Chief Financial Officer
◇—◇—◇—◇◇
Jeannie Lee
Executive Vice President General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Power
President & Chief Executive Officer
◇—◇—◇—◇◇
Matthew Mercier
Chief Financial Officer
◇—◇—◇—◇◇
Jeannie Lee
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrew P. PowerPSU◇◇◇—◇—◇
Andrew P. PowerPSU◇◇◇—◇—◇
Andrew P. PowerRSU◇——◇——◇
Jeannie LeePSU◇◇◇—◇—◇
Jeannie LeeRSU◇——◇——◇
Jeannie LeePSU◇◇◇—◇—◇
Matthew MercierPSU◇◇◇—◇—◇
Matthew MercierPSU◇◇◇—◇—◇
Matthew MercierRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeannie LeePSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Matthew MercierRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Andrew PowerPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Andrew Power
President & Chief Executive Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Jeannie Lee
Executive Vice President, General Counsel and Secretary · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Matthew Mercier
Chief Financial Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mary Hogan Preusse
Board chair
◇◇————◇
Afshin Mohebbi
◇◇————◇
Kevin J. Kennedy
◇◇————◇
William G. LaPerch
◇◇————◇
Mark R. Patterson
◇◇————◇
Jean F.H.P. Mandeville
◇◇————◇
Susan Swanezy
◇◇————◇
VeraLinn Jamieson
◇◇————◇
Andrew Power served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as LTIP Units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alexandria Real Estate Equities ARE
  • American Tower Corporation AMT
  • Arista Networks ANET
  • Autodesk, Inc. ADSK
  • Crown Castle International Corporation CCI
  • Equinix, Inc. EQIX
  • Equity Residential EQR
  • Fortinet, Inc. FTNT
  • NetApp, Inc. NTAP
  • Palo Alto Networks, Inc. PANW
  • Prologis, Inc. PLD
  • Realty Income Corporation O
  • ServiceNow NOW
  • Simon Property Group, Inc. SPG
  • Synopsys, Inc. SNPS
  • Ventas, Inc. VTR
  • Welltower, Inc. WELL
  • Workday, Inc. WDAY

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 29, 2026=◇◇◇
2024June 6, 2025=◇◇◇
2023June 7, 2024=◇◇◇
2022June 8, 2023=◇◇◇
2021June 3, 2022=◇◇◇
2020June 3, 2021=◇◇◇
2019June 8, 2020=◇◇◇
2018May 13, 2019=◇◇◇
2017May 8, 2018=◇◇◇

Velarion Pro: every company page, peer tools and exports, one seat

One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Your address is used for this and nothing else, and you can unsubscribe in one click. See the privacy policy.

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Andrew Power (President & Chief Executive Officer), FY2025 total compensation $21,071,498 (base salary $978,846) [exec_comp, SEC accession 0001308179-26-000296, filed 2026-04-17]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Digital Realty Trust files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Digital Realty Trust disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Digital Realty Trust sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether Digital Realty Trust's disclosed peer group is defensible, who names Digital Realty Trust back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
278 figures on this page: 269 cited to the filing that reported them, 9 calculated from figures it prints.
269 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001104659-26-068907
  2. 0001308179-26-000296
    Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · Summary Compensation Table
  3. 0001558370-25-008511
  4. 0001308179-25-000509
    Summary Compensation Table
  5. 0001558370-24-009057
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001308179-24-000607
    Summary Compensation Table
  7. 0001558370-23-011039
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001558370-22-009813
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001297996-21-000008
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001297996-20-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001558370-20-001906
  12. 0001297996-19-000095
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001297996-18-000097
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Digital Realty Trust executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DLR (accessed 2026).
Short form: data: Velarion

The Digital Realty Trust brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Digital Realty Trust and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Peers Digital Realty Trust discloses

The companies named in DLR's own disclosed peer group.

Alexandria Real Estate EquitiesAmerican Tower CorporationArista NetworksAutodesk, Inc.Crown Castle International CorporationEquinix, Inc.Equity ResidentialFortinet, Inc.NetApp, Inc.Palo Alto Networks, Inc.Prologis, Inc.Realty Income CorporationServiceNowSimon Property Group, Inc.Synopsys, Inc.Ventas, Inc.Welltower, Inc.Workday, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy