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Vector Group Executive Compensation (FY23)

VGR · Executive and director compensation, fiscal 2022 to 2023

The paid brief on Vector Group

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 13, 2026Latest filing (8-K): August 21, 2024
10 filings cited on this page
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Vector Group brief$1,500Get the executive brief
171 figures on this page: 162 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2023
Howard Lorber
Latest say-on-pay support
=
August 20, 2024

More on Vector Group

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Howard Lorber: $10,950,867$17,946,650 (63.9% higher)
Say-on-pay support: 94.6%63.3% (31.3 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Vector Group's chief executive and what were they paid?
Howard Lorber was paid $17,946,650 in total compensation as President and Chief Executive Officer for fiscal 2023. Lorber's total moved 63.9% higher from the $10,950,867 reported for fiscal 2022.
What was Vector Group's say-on-pay result?
The say-on-pay proposal drew 63.3% of votes cast for or against in favor at the meeting held August 20, 2024 for fiscal 2023.
Which companies are in Vector Group's peer group?
The disclosed peer group names Aurora Cannabis Inc., Beyond Meat, Inc., Canopy Growth Corporation, Ingredion Incorporated and Steven Madden, Ltd., 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
President and Chief Executive Officer
Richard Lampen
Executive Vice President and Chief Operating Officer
J. Bryant Kirkland III
Senior Vice President, Chief Financial Officer and Treasurer
Marc Bell
Senior Vice President, General Counsel and Secretary
Nicholas Anson
President and Chief Operating Officer of Liggett Vector Brands and Liggett
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Howard Lorber
President and Chief Executive Officer
Richard Lampen
Executive Vice President and Chief Operating Officer
J. Bryant Kirkland III
Senior Vice President, Chief Financial Officer and Treasurer
Marc Bell
Senior Vice President, General Counsel and Secretary
Nicholas Anson
President and Chief Operating Officer of Liggett Vector Brands and Liggett
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 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Howard M. LorberRSU
J. Bryant Kirkland IIIRSU
Marc N. BellRSU
Nicholas P. AnsonRSU
Richard J. LampenRSU
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 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
J. KirklandRSU
RSU
RSU
RSU
RSU
Richard LampenRSU
RSU
RSU
RSU
RSU
Howard LorberRSU
RSU
RSU
RSU
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 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ronald J. Bernstein
Jean E. Sharpe
Bennett S. LeBow
Board chair
Henry C. Beinstein
Paul V. Carlucci
Barry Watkins
Wilson L. White
Howard M. Lorber and Richard J. Lampen served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
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
Audit committee chair
Audit committee member
Compensation committee chair
Compensation committee member
Nominating and governance chair
Nominating and governance member
Equity is delivered as Restricted Shares.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Aurora Cannabis Inc. symbol not shown
  • Beyond Meat, Inc. BYND
  • Canopy Growth Corporation symbol not shown
  • Ingredion Incorporated INGR
  • Steven Madden, Ltd. SHOO
  • The Andersons, Inc. ANDE
  • The Boston Beer Company, Inc. SAM
  • The Simply Good Foods Company SMPL
  • Tilray Brands, Inc. symbol not shown
  • Turning Point Brands, Inc. TPB
  • Universal Corporation UVV

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023August 20, 2024=
2022July 26, 2023=
2021June 28, 2022=
2020June 3, 2021=
2019May 28, 2020=
2018May 2, 2019=
2017April 25, 2018=
2016April 27, 2017=
2015April 28, 2016=
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What this page does not include

Everything above is a fact Vector Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Vector Group 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
Vector Group 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.
171 figures on this page: 162 cited to the filing that reported them, 9 calculated from figures it prints.
162 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000059440-24-000027
    Proposal 2: Advisory vote on executive compensation (the say on pay vote)
  2. 0000059440-24-000018
    2023 SUMMARY COMPENSATION TABLE · COMPENSATION OF DIRECTORS · GRANTS OF PLAN-BASED AWARDS IN 2023 · OUTSTANDING EQUITY AWARDS AT DECEMBER 31, 2023
  3. 0000059440-23-000025
    Proposal 2: Advisory vote on executive compensation (the “say on pay vote”).
  4. 0000059440-22-000031
    Proposal 2: Advisory approval of executive compensation (say on pay)
  5. 0000059440-21-000039
    Proposal 2: Advisory approval of executive compensation (say on pay)
  6. 0000059440-20-000027
    Proposal 2: Advisory approval of executive compensation (say on pay)
  7. 0000059440-19-000026
    Proposal 2: Advisory approval of executive compensation (say on pay).
  8. 0000059440-18-000020
    Proposal 2: Advisory approval of executive compensation (say on pay). By vote reflected below, the Company s stockholders approved, on an advisory basis, the compensation of the Company s named executive officers.
  9. 0000059440-17-000017
    Proposal 2: Advisory approval of executive compensation (say on pay)
  10. 0000059440-16-000087
    Proposal 2: Advisory approval of executive compensation (say on pay). By vote reflected below, the Company s stockholders approved, on an advisory basis, the compensation of the Company s named executive officers.
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Vector Group executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/VGR (accessed 2026).
Short form: data: Velarion

The paid brief for Vector Group

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
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 Vector Group discloses

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

Ingredion IncorporatedSteven Madden, Ltd.The Andersons, Inc.The Boston Beer Company, Inc.The Simply Good Foods CompanyTurning Point Brands, Inc.Universal Corporation

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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