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Douglas Elliman Executive Compensation (FY25)

DOUG · Miami, FL · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Douglas Elliman

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 12, 2026Latest filing (8-K): June 18, 2026
10 filings cited on this page
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Douglas Elliman brief$1,500Get the executive brief
159 figures on this page: 154 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
Michael Liebowitz
Latest say-on-pay support
=
June 18, 2026

More on Douglas Elliman

Five data products on this company. Each one is requested through the developer setup page.
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 — Michael Liebowitz: $9,027,449$2,300,000 (74.5% lower)
Say-on-pay support: 75.8%62.0% (13.8 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Douglas Elliman's chief executive and what were they paid?
Michael Liebowitz was paid $2,300,000 in total compensation as President and Chief Executive Officer for fiscal 2025. Compared with the $9,027,449 reported for fiscal 2024, Liebowitz's total was 74.5% lower.
What was Douglas Elliman's say-on-pay result?
Shareholders supported the say-on-pay proposal with 62.0% of votes cast for or against in favor at the meeting held June 18, 2026 for fiscal 2025.
Which companies are in Douglas Elliman's peer group?
The disclosed peer group includes Anywhere Real Estate Inc., Colliers International Group Inc., Compass Inc., Doma Holdings Inc. and eXp World Holdings, Inc., 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
Howard Lorber
Chairman, President and Chief Executive Officer
Scott Durkin
President and Chief Operating Officer of Douglas Elliman Realty, LLC
Richard Lampen
Executive Vice President and Chief Operating Officer
J. David Ballard
Senior Vice President, Enterprise Efficiency and Chief Technology Officer
J. Bryant Kirkland III
Senior Vice President, Chief Financial Officer and Treasurer
— not reported
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Howard Lorber
Chairman, President and Chief Executive Officer
Richard Lampen
Executive Vice President and Chief Operating Officer
Scott Durkin
President and Chief Executive Officer of Douglas Elliman Realty, LLC
J. David Ballard
Senior Vice President, Enterprise Efficiency and Chief Technology Officer
J. Bryant Kirkland III
Senior Vice President, Chief Financial Officer and Treasurer
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Liebowitz
President and Chief Executive Officer
Howard Lorber
Former President and Chief Executive Officer
Departed during or after this year
Richard Lampen
Former Executive Vice President and Chief Operating Officer
Departed during or after this year
J. Bryant Kirkland III
Executive Vice President, Secretary, Treasurer and Chief Financial Officer
Stephen Larkin
Vice President of Communications
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Liebowitz
President and Chief Executive Officer
Bradley Brodie
Senior Vice President, General Counsel and Secretary
J. Bryant Kirkland III
Executive Vice President, Treasurer and Chief Financial Officer
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
Bradley BrodiePSU
Howard M. LorberRSU
J. Bryant Kirkland IIIRSU
Richard J. LampenRSU
Stephen T. LarkinRSU
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
Michael LiebowitzPSU
RSU
Bradley BrodieRSU
J. KirklandRSU
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.
Michael Liebowitz
President and Chief Executive Officer · Employment agreement · citing a 2024 filing
Change-in-control multiple
Change-in-control base
Equity acceleration on change in control
Benefits continuation on change in control
Benefits continuation
Non-compete period
Non-solicit period

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark D. Zeitchick
Lead independent director
Michael S. Liebowitz
David K. Chene
Board chair
Patrick J. Bartels Jr
Wilson L. White
Perry Weitz
Lynn Mestel
Scott D. Vogel
Ronald J. Kramer and Richard J. Lampen 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
Lead independent director premium
Compensation committee chair
Equity is delivered as Restricted Stock.
Stock ownership guideline: Stock Ownership Guidelines

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Anywhere Real Estate Inc. HOUS
  • Colliers International Group Inc. CIGI
  • Compass Inc. COMP
  • Doma Holdings Inc. DOMA
  • eXp World Holdings, Inc. EXPI
  • LendingTree, Inc. TREE
  • loanDepot, Inc. LDI
  • Marcus & Millichap, Inc. MMI
  • Newmark Group, Inc. NMRK
  • Offerpad Solutions Inc. OPAD
  • Opendoor Technologies Inc. OPEN
  • Radian Group Inc. RDN
  • RE/MAX Holdings Inc. RMAX
  • Redfin Corporation RDFN
  • Stewart Information Services Corporation STC
  • Walker & Dunlop, Inc. WD
  • Zillow Group, Inc. Z

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 18, 2026=
2024June 25, 2025=
2023August 21, 2024=
2022July 27, 2023=
2021June 29, 2022=
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What this page does not include

Everything above is a fact Douglas Elliman disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Douglas Elliman 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 — $1,200
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
Say-on-pay responsiveness
Douglas Elliman recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
159 figures on this page: 154 cited to the filing that reported them, 5 calculated from figures it prints.
154 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001878897-26-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001878897-26-000021
    2025 Summary Compensation Table · COMPENSATION OF DIRECTORS · EXECUTIVE COMPENSATION · NON-EMPLOYEE DIRECTOR COMPENSATION IN FISCAL YEAR 2025 · and 1 more section
  3. 0001878897-25-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001878897-25-000024
    COMPENSATION OF DIRECTORS · EXECUTIVE COMPENSATION · Executive Compensation Tables
  5. 0001878897-24-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001878897-24-000021
    2023 SUMMARY COMPENSATION TABLE
  7. 0001878897-23-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001878897-23-000024
    2022 SUMMARY COMPENSATION TABLE
  9. 0001878897-22-000030
  10. 0001878897-24-000057
    EX-10.9
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Douglas Elliman executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DOUG (accessed 2026).
Short form: data: Velarion

The paid brief for Douglas Elliman

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 $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
10 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
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Peers Douglas Elliman discloses

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

Anywhere Real Estate Inc.Compass Inc.LendingTree, Inc.loanDepot, Inc.Marcus & Millichap, Inc.Newmark Group, Inc.Opendoor Technologies Inc.Radian Group Inc.RE/MAX Holdings Inc.Redfin CorporationStewart Information Services CorporationWalker & Dunlop, Inc.Zillow Group, 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}
}
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