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    Marc Holliday

    Chief Executive Officer at SL Green Realty Corp
    Board
    Since January 2004
    Age
    57 years
    Education
    Earned a B.S. degree in Business and Finance from Lehigh University in 1988 and an M.S. degree in Real Estate Development from Columbia University in 1990.
    Tenure
    Joined SLG in July 1998 as Chief Investment Officer, promoted to Chief Executive Officer in January 2004, and later appointed Chairman in January 2019 and Interim President in January 2024.

    Also at SL Green Realty Corp

    MJD
    Matthew J. DiLiberto
    Chief Financial Officer
    ASL
    Andrew S. Levine
    Executive Vice President, Chief Legal Officer, General Counsel, and Secretary

    About

    Marc Holliday has established himself as a seasoned executive with extensive experience in the real estate and finance industries. Prior to his long-standing career at SLG, he held significant leadership roles, including positions at Capital Trust Inc. and Gramercy Capital Corp, which provided him with a robust background in managing investments and navigating complex financial strategies.

    At SLG, his strategic leadership has been pivotal in shaping the company’s operational framework and corporate governance. His roles have evolved considerably over the years, as he brought a dedicated focus on integrating risk management with executive decision-making processes, furthering the company’s growth and market presence.

    Beyond his direct responsibilities at SLG, his influence extends to industry-wide initiatives, having served on multiple boards and committees such as those of the Real Estate Board of New York and NYRA. This broader engagement highlights a commitment to advancing industry standards and fostering professional excellence in the field.

    $SLG Performance Under Marc Holliday

    Past Roles

    OrganizationRoleDate RangeDetails
    SL Green Realty Corp. (SLG) President Until April 2007 Andrew Mathias promoted to President in April 2007
    SL Green Realty Corp. (SLG) Chief Investment Officer Joined in July 1998 Position held before becoming CEO
    Columbia University Former Board of Directors member N/A Former board role in an academic institution
    Capital Trust Inc. Managing Director and Head of Direct Originations Prior to July 1998 Originated direct principal investments including mezzanine debt, preferred equity, and first mortgages
    Victor Capital Group, L.P. Senior Vice President and other management positions 1991 to 1997 Predecessor to Capital Trust Inc.

    External Roles

    OrganizationRoleDate Range
    NYRA (New York Racing Association) Chairman of the Board of Directors Present
    Real Estate Board of New York Executive Committee member of the Board of Governors Present

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,250,000 AnnualMinimum set forth in employment agreement; retroactively reduced in 2018
    Annual Bonus$2,908,333 Annual bonus based on preset performance criteriaBreakdown: Cash Portion $1,454,167, Equity Portion $1,142,926 (34,467 LTIP units), True-Up Adjustment $150,013
    Time-Based Equity Awards$4,500,000 Vesting in three equal installments on January 1, 2025; January 1, 2026; and January 1, 2027Corresponding 97,096 LTIP units; vesting subject to continued employment
    Other Compensation$36,464 AnnualMiscellaneous compensation as reported in the Summary Compensation Table

    Performance Compensation

    Data from  FY 2023

    Performance-Based Equity Awards

    AttributeDetails
    ComponentPerformance-Based Equity Awards
    Performance MetricRelative Total Shareholder Return (TSR) compared to Office REIT and NYC REIT peers, equally weighted
    Target, Threshold, and MaximumProjected 362,221 LTIP units as of December 31, 2023; potential to earn up to 200% of target
    Vesting Schedule100% vest on December 31, 2025
    Evaluation PeriodThree-year performance period ending December 31, 2025
    Grant DateJanuary 30, 2023
    Grant Date Fair Value$9,920,005
    Grant Date Stock PriceN/A
    Additional DetailsAwards are based on the company’s performance relative to its peer groups; actual LTIP unit payout is determined post evaluation based on TSR results