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Seritage Growth Properties Executive Compensation (FY25)

SRG · New York, NY · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 11, 2026
118 figures on this page: 108 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Disclosures span fiscal 2022 through fiscal 2025. For fiscal 2025, the company reported 4 named executive officers, and total compensation for Adam Metz, Chief Executive Officer and President, came to $822,581 in fiscal 2025. For fiscal 2025, shareholders backed the say-on-pay proposal with 46.2% of votes cast for or against in favor at the meeting held June 9, 2026.
Chief executive, fiscal 2025
Adam Metz
Latest say-on-pay support
=
June 9, 2026
This company is not required to report a chief executive pay ratio.
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 of record: Andrea Olshan Adam Metz
Say-on-pay support: 48.3%46.2% (2.1 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Seritage Growth Properties' chief executive and what were they paid?
Total compensation for Adam Metz, Chief Executive Officer and President, came to $822,581 in fiscal 2025.
What was Seritage Growth Properties' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 46.2% of votes cast for or against in favor at the meeting held June 9, 2026.

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
Andrea Olshan
Chief Executive Officer and President
Matthew Fernand
Chief Legal Officer and Corporate Secretary
Eric Dinenberg
Chief Operating Officer
Amanda Lombard
Former Chief Financial Officer
Departed during or after this year
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrea Olshan
Former Chief Executive Officer and President
Departed during or after this year
Matthew Fernand
Chief Legal Officer and Corporate Secretary
Eric Dinenberg
Chief Operating Officer
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrea Olshan
Former Chief Executive Officer and President
Departed during or after this year
Matthew Fernand
Chief Legal Officer and Corporate Secretary
Eric Dinenberg
Chief Operating Officer
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrea Olshan
Former Chief Executive Officer and President
Departed during or after this year
Matthew Fernand
Chief Legal Officer and Corporate Secretary
Eric Dinenberg
Chief Operating Officer
Adam Metz
Chief Executive Officer and President
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.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Eric DinenbergRSU
Andrea OlshanRSU
Matthew FernandRSU
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
John T. McClain
Talya Nevo-Hacohen
Mitchell Sabshon
Allison L. Thrush
Mark Wilsmann
Adam Metz 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
Total board retainer
Board chair premium
Audit committee chair
Compensation committee chair
Nominating and governance chair

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=
2024June 10, 2025=
2023June 5, 2024=
2022June 6, 2023=
2021October 24, 2022=
2020May 20, 2021=
2019May 21, 2020=
2018April 30, 2019=
2017April 24, 2018=
2016April 25, 2017=
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What this page does not include

Everything above is a fact Seritage Growth Properties disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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
Seritage Growth Properties 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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Whether Seritage Growth Properties' disclosed peer group is defensible, who names Seritage Growth Properties 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.
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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.
118 figures on this page: 108 cited to the filing that reported them, 10 calculated from figures it prints.
108 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-267880
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001174947-26-000519
    ADVISORY VOTE ON EXECUTIVE COMPENSATION · COMPENSATION OF NAMED EXECUTIVE OFFICERS · Director Compensation
  3. 0000895345-25-000209
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001174947-25-000655
    Outstanding Equity Awards at Fiscal Year-End 2024 · Summary Compensation Table for the Fiscal Year ended December 31, 2024
  5. 0000895345-24-000215
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001174947-24-000573
    COMPENSATION OF EXECUTIVE OFFICERS AND TRUSTEES
  7. 0001193125-23-163518
  8. 0001174947-23-000634
    Summary Compensation Table
  9. 0001193125-22-267589
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001140361-21-018367
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001140361-20-012554
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000895345-19-000190
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000895345-18-000124
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000895345-17-000171
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This page is free to cite. Attribution we ask for:
Velarion, “Seritage Growth Properties executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SRG (accessed 2026).
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Real Estate rankings

Chief executive payReal EstateCEO pay ratioReal EstateSay-on-pay supportReal Estate

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