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Veris Residential Executive Compensation (FY24)

VRE · Jersey City, NJ · Executive and director compensation, fiscal 2022 to 2024
Data as of September 7, 2026Latest filing (8-K): June 16, 2025
214 figures on this page: 204 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Mahbod Nia was paid $7,393,104 in total compensation as Chief Executive Officer for fiscal 2024, and Nia's total moved 4.7% higher from the $7,064,210 reported for fiscal 2023. The disclosed chief executive pay ratio for fiscal 2024 is 69:1, against median employee compensation of $106,506. Shareholders recorded 95.3% support for the say-on-pay proposal at the meeting held June 11, 2025 for fiscal 2024. The disclosed peer group names American Assets Trust, Inc, Apartment Income REIT Corp., Apartment Investment and Management Company, Armada Hoffler Properties, Inc and Brandywine Realty, among others.
Chief executive, fiscal 2024
◇
Mahbod Nia
Latest say-on-pay support
=
June 11, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Mahbod Nia: $7,064,210 → $7,393,104 (4.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Veris Residential's chief executive and what were they paid?
Mahbod Nia was paid $7,393,104 in total compensation as Chief Executive Officer for fiscal 2024. Nia's total moved 4.7% higher from the $7,064,210 reported for fiscal 2023.
What was Veris Residential's say-on-pay result?
Shareholders recorded 95.3% support for the say-on-pay proposal at the meeting held June 11, 2025 for fiscal 2024.
Which companies are in Veris Residential's peer group?
The disclosed peer group names American Assets Trust, Inc, Apartment Income REIT Corp., Apartment Investment and Management Company, Armada Hoffler Properties, Inc and Brandywine Realty, among others.
What is Veris Residential's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2024 is 69:1, against median employee compensation of $106,506.

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
Mahbod Nia
Chief Executive Officer
◇—◇—◇——◇
Jeffrey Turkanis
Chief Investment Officer
◇◇◇◇◇—◇◇
Taryn Fielder
General Counsel and Secretary
◇—◇—◇—◇◇
Amanda Lombard
Chief Financial Officer
◇◇◇—◇—◇◇
Anna Malhari
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mahbod Nia
Chief Executive Officer
◇—◇—◇—◇◇
Jeffrey Turkanis
Chief Investment Officer
◇—◇—◇—◇◇
Taryn Fielder
General Counsel and Secretary
◇—◇—◇—◇◇
Amanda Lombard
Chief Financial Officer
◇—◇—◇—◇◇
Anna Malhari
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mahbod Nia
Chief Executive Officer
◇—◇—◇—◇◇
Anna Malhari
Chief Operating Officer
◇—◇—◇—◇◇
Amanda Lombard
Chief Financial Officer
◇—◇—◇—◇◇
Taryn Fielder
General Counsel and Secretary
◇—◇—◇—◇◇
Jeffrey Turkanis
Chief Investment 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 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Amanda LombardRSU◇——◇——◇
Amanda LombardPSU◇◇◇—◇—◇
Anna MalhariPSU◇◇◇—◇—◇
Anna MalhariRSU◇——◇——◇
Jeffrey TurkanisRSU◇——◇——◇
Jeffrey TurkanisPSU◇◇◇—◇—◇
Mahbod NiaRSU◇——◇——◇
Mahbod NiaPSU◇◇◇—◇—◇
Taryn FielderPSU◇◇◇—◇—◇
Fiscal 2022, 2023 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 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Taryn FielderPSU◇◇——
RSU◇◇——
Jeffrey TurkanisPSU◇◇——
RSU◇◇——
Option◇—◇—
Mahbod NiaRSU◇◇——
PSU◇◇——
Amanda LombardPSU◇◇——
RSU◇◇——
Anna MalhariRSU◇◇——
PSU◇◇——
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 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Tammy K. Jones
Board chair
◇◇————◇
Howard S. Stern
◇◇————◇
A. Akiva Katz
◇◇————◇
Frederic Cumenal
◇◇————◇
Nori Gerardo Lietz
◇◇————◇
Stephanie L. Williams
◇◇————◇
Victor B. MacFarlane
◇◇————◇
Ronald M. Dickerman
◇◇————◇
Mahbod Nia served on the board in fiscal 2024 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◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Committee meeting fee◇
Equity is delivered as Restricted Stock.
Stock ownership guideline: 5x annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • American Assets Trust, Inc AAT
  • Apartment Income REIT Corp. AIRC
  • Apartment Investment and Management Company AIV
  • Armada Hoffler Properties, Inc AHRT
  • Brandywine Realty BDN
  • Camden Property Trust CPT
  • Centerspace CSR
  • Empire State Realty ESRT
  • Essex Property Trust, Inc ESS
  • Independence Realty IRT
  • JBG SMITH Properties JBGS
  • UDR, Inc UDR

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024June 11, 2025=◇◇◇
2023June 12, 2024=◇◇◇
2022June 14, 2023=◇◇◇
2021June 15, 2022=◇◇◇
2020June 9, 2021=◇◇◇
2019July 1, 2020=◇◇◇
2018June 12, 2019=◇◇◇
2017June 13, 2018=◇◇◇
2016June 9, 2017=◇◇◇
2015June 1, 2016=◇◇◇

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 Veris Residential disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Veris Residential 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.
214 figures on this page: 204 cited to the filing that reported them, 10 calculated from figures it prints.
204 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001104659-25-059665
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000924901-25-000035
    CEO Pay Ratio · COMPENSATION OF DIRECTORS · Director Compensation · GRANTS OF PLAN-BASED AWARDS · and 2 more sections
  3. 0001104659-24-071525
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000924901-24-000031
    SUMMARY COMPENSATION TABLE
  5. 0001104659-23-071636
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-23-054318
    Summary Compensation Table
  7. 0001104659-22-072983
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-21-080523
  9. 0001104659-20-080522
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001104659-19-035948
  11. 0001104659-18-040788
  12. 0001104659-17-038580
  13. 0001104659-16-125394
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Velarion, “Veris Residential executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/VRE (accessed 2026).
Short form: data: Velarion
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Real Estate rankings

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

Peers Veris Residential discloses

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

American Assets Trust, IncApartment Investment and Management CompanyArmada Hoffler Properties, IncBrandywine RealtyCamden Property TrustCenterspaceEmpire State RealtyEssex Property Trust, IncIndependence RealtyJBG SMITH PropertiesUDR, 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