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Invitation Homes Executive Compensation (FY25)

INVH · Dallas, TX · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 8, 2026
271 figures on this page: 263 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Dallas Tanner, President and Chief Executive Officer, received $14,096,335 in total compensation for fiscal 2025, and Tanner's total moved 28.6% higher from the $10,965,261 reported for fiscal 2024. Meanwhile, the disclosed chief executive pay ratio for fiscal 2025 is 185:1, against median employee compensation of $76,233. Separately, the say-on-pay proposal drew 80.2% of votes cast for or against in favor at the meeting held May 7, 2026 for fiscal 2025. The disclosed peer group names American Homes 4 Rent, AvalonBay Communities, Inc., BXP, Inc., Camden Property Trust and Digital Realty Trust, Inc., among others.
Chief executive, fiscal 2025
◇
Dallas Tanner
Median of the other named officers
$4,809,157
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 7, 2026
Chief executive pay ratio
◇
To the median employee
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 — Dallas Tanner: $10,965,261 → $14,096,335 (28.6% higher)
Say-on-pay support: 92.7% → 80.2% (12.5 points lower)
CEO pay ratio: 148:1 → 185:1 (25.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Invitation Homes' chief executive and what were they paid?
Dallas Tanner, President and Chief Executive Officer, received $14,096,335 in total compensation for fiscal 2025. Tanner's total moved 28.6% higher from the $10,965,261 reported for fiscal 2024.
What was Invitation Homes' say-on-pay result?
The say-on-pay proposal drew 80.2% of votes cast for or against in favor at the meeting held May 7, 2026 for fiscal 2025.
Which companies are in Invitation Homes' peer group?
The disclosed peer group names American Homes 4 Rent, AvalonBay Communities, Inc., BXP, Inc., Camden Property Trust and Digital Realty Trust, Inc., among others.
What is Invitation Homes' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 185:1, against median employee compensation of $76,233.

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
Dallas Tanner
Chief Executive Officer
◇—◇—◇—◇◇
Ernest Freedman
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Charles Young
President and Chief Operating Officer
◇—◇—◇—◇◇
Mark Solls
Executive Vice President, Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dallas Tanner
Chief Executive Officer
◇—◇—◇—◇◇
Charles Young
President and Chief Operating Officer
◇—◇—◇—◇◇
Scott Eisen
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Jonathan Olsen
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Mark Solls
Executive Vice President and Chief Legal Officer
◇—◇—◇—◇◇
Ernest Freedman
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dallas Tanner
President and Chief Executive Officer
◇—◇—◇—◇◇
Charles Young
President and Chief Operating Officer
◇—◇—◇—◇◇
Scott Eisen
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Jonathan Olsen
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Mark Solls
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dallas Tanner
President and Chief Executive Officer
◇—◇—◇—◇◇
Timothy Lobner
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Scott Eisen
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Charles Young
Former President
Departed during or after this year
◇—◇———◇◇
Jonathan Olsen
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Mark Solls
Executive Vice President, Chief Legal Officer 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
Charles D. YoungPSU◇◇◇—◇—◇
Charles D. YoungRSU◇——◇——◇
Dallas B. TannerPSU◇◇◇—◇—◇
Dallas B. TannerRSU◇——◇——◇
Jonathan S. OlsenPSU◇◇◇—◇—◇
Jonathan S. OlsenRSU◇——◇——◇
Mark A. SollsPSU◇◇◇—◇—◇
Mark A. SollsRSU◇——◇——◇
Scott G. EisenPSU◇◇◇—◇—◇
Scott G. EisenRSU◇——◇——◇
Timothy J. LobnerRSU◇——◇——◇
Timothy J. LobnerRSU◇——◇——◇
Timothy J. LobnerPSU◇◇◇—◇—◇
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
Jonathan OlsenPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Dallas TannerRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Scott EisenRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Timothy LobnerPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Mark SollsRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael D. Fascitelli
Board chair
◇◇————◇
Frances Aldrich Sevilla-Sacasa
◇◇————◇
Jeffrey E. Kelter
◇◇————◇
Keith D. Taylor
◇◇————◇
Jana Cohen Barbe
◇◇————◇
H. Wyman Howard III
◇◇————◇
Joseph D. Margolis
◇◇————◇
Kellyn Smith Kenny
◇◇————◇
Dallas B. Tanner 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◇
Compensation committee chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Homes 4 Rent AMH
  • AvalonBay Communities, Inc. AVB
  • BXP, Inc. BXP
  • Camden Property Trust CPT
  • Digital Realty Trust, Inc. DLR
  • Equity Residential EQR
  • Essex Property Trust, Inc. ESS
  • Extra Space Storage Inc. EXR
  • Mid-America Apartment Communities, Inc. MAA
  • Public Storage PSA
  • Realty Income Corporation O
  • Regency Centers Corporation REG
  • SBA Communications Corporation SBAC
  • Sun Communities, Inc. SUI
  • UDR, Inc. UDR

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 7, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 17, 2022=◇◇◇
2020May 18, 2021=◇◇◇
2019May 20, 2020=◇◇◇
2018May 30, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Invitation Homes disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Invitation Homes 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
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.
271 figures on this page: 263 cited to the filing that reported them, 8 calculated from figures it prints.
263 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001193125-26-214709
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-126310
    2025 Annual Director Compensation Program · 2025 Grants of Plan-Based Awards Table · CEO Pay Ratio · Director Compensation Table for Fiscal 2025 · and 2 more sections
  3. 0001687229-25-000022
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000950170-25-049911
    Summary Compensation Table
  5. 0001687229-24-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-085370
    Summary Compensation Table
  7. 0001687229-23-000054
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-091502
    Summary Compensation Table
  9. 0001687229-22-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001687229-21-000027
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001687229-20-000014
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001687229-19-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Invitation Homes executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/INVH (accessed 2026).
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Real Estate rankings

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

Peers Invitation Homes discloses

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

American Homes 4 RentAvalonBay Communities, Inc.BXP, Inc.Camden Property TrustDigital Realty Trust, Inc.Equity ResidentialEssex Property Trust, Inc.Extra Space Storage Inc.Mid-America Apartment Communities, Inc.Public StorageRealty Income CorporationRegency Centers CorporationSBA Communications CorporationSun Communities, Inc.UDR, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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.  The Pay Desk · Methodology · Terms · Privacy