Monitor the company's future compensation disclosures to assess the actual cost of these executive arrangements, and watch for any changes in corporate strategy that might result from having a dedicated President after Marc Holliday previously held interim President duties.
Price Chart
Executive Summary
SL Green Realty Corp. appointed Harrison Sitomer as President and Chief Investment Officer, and extended Matthew DiLiberto's term as Chief Financial Officer. Both executives received new employment agreements with multi-year terms, base salaries, annual bonuses, and significant equity awards, including time-based and performance-based LTIP units. DiLiberto also received a grant of 100,000 Class O LTIP Units.
Key Facts
- Harrison Sitomer appointed President and Chief Investment Officer effective February 27, 2026
- Sitomer's employment agreement runs from January 1, 2026 to January 1, 2030 with automatic renewals
- Sitomer's base salary is $700,000 with annual cash bonus opportunity up to 400% of base salary
- Sitomer eligible for annual time-based equity awards with target value of $3,300,000 and annual performance-based awards with target value of $2,500,000
- Sitomer received a $750,000 signing bonus
- Matthew DiLiberto's term as CFO extended from January 1, 2026 to January 1, 2029
- DiLiberto's base salary is $660,000 with annual bonus opportunity up to 250% of base salary
- DiLiberto eligible for annual time-based equity awards with target value of $1,540,000 and annual performance-based awards with target value of $1,000,000
- DiLiberto received a grant of 100,000 Class O LTIP Units vesting ratably on January 1, 2027, 2028, and 2029
Financial Impact
Approximately $10.3 million in annual target compensation and equity awards for both executives combined, plus a $750,000 signing bonus for Sitomer
Risk Factors
- Potential dilution from equity awards
- Risk of executive departure if performance targets are not met
- Potential for increased compensation expenses affecting profitability
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-023512 |
| Document: tm267993d1_ex10-2.htm | 0001104659-26-023512 |
| Document: tm267993d1_8k.htm | 0001104659-26-023512 |
| Document: 0001104659-26-023512-index-headers.html | 0001104659-26-023512 |
| Document: 0001104659-26-023512-index.html | 0001104659-26-023512 |
| Document: 0001104659-26-023512.txt | 0001104659-26-023512 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 23, 2026 10w ago | 8-K | $53.61 $58.10 | ▲ +8.38% | ▲ +5.07% | $49.08 (−8.45%) |
Jun 1, 2026 17w ago | Press Release | $44.74 $51.77 | ▲ +15.71% | ▲ +17.01% | $49.08 (+9.70%) |
Apr 28, 2026 22w ago | Press Release | $43.85 $45.20 | ▲ +3.08% | ▼ −2.38% | $49.08 (+11.93%) |
Apr 16, 2026 24w ago | 8-K | $20.66 $21.89 | ▼ −5.95% | ▼ −0.14% | $49.08 (−137.56%) |
Apr 15, 2026 24w ago | Press Release | $40.81 $43.23 | ▼ −5.93% | ▼ −0.11% | $49.08 (−20.26%) |
Mar 23, 2026 27w ago | Press Release | $38.10 $43.58 | ▲ +14.38% | ▲ +6.96% | $49.08 (+28.81%) |
Mar 17, 2026 28w ago | Press Release | $37.50 $41.63 | ▲ +11.01% | ▲ +6.70% | $49.08 (+30.87%) |
Mar 9, 2026 29w ago | Press Release | $38.47 $37.56 | ▼ −2.35% | ▲ +0.45% | $49.08 (+27.59%) |
Mar 4, 2026 30w ago | 8-K | $39.07 $36.06 | ▼ −7.69% | ▼ −3.90% | $49.08 (+25.64%) |
Mar 2, 2026 30w ago | Press Release | $36.94 $35.26 | ▼ −4.55% | ▲ +3.39% | $49.08 (+32.86%) |
US Market Status
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