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Equity Residential (EQR)

8:01AM AEST: 32.40 USD  Down 0.04 (0.12%)  
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Equity Residential
Two North Riverside Plaza
Chicago, IL 60606
Phone: 312-474-1300
Fax: 312-454-8703
Web Site: http://www.eqr.com

 DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Residential
Employees (last reported count):4,300

 REUTERS ABRIDGED BUSINESS SUMMARY 
Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia consisting of 152,821 units. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Equity Residential was founded in 1966 and is headquartered in Chicago, Illinois.
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    Free Annual Report for EQR

     OFFICERS 
     PayExercised
    Mr. Samuel Zell J.D.,
    Founder, Chairman, Chairman of Exec. Committee and Member of Pricing Committee
    $ 0N/A
    Mr. David J. Neithercut , 54
    Chief Exec. Officer, Pres, Trustee, Member of Pricing Committee and Member of Exec. Committee
    $ 1.50M $ 2.49M
    Mr. Mark J. Parrell , 44
    Chief Financial Officer and Exec. VP
    $ 737.00K $ 0
    Mr. Frederick C. Tuomi , 55
    Pres of Property Management
    $ 865.00K $ 327.00K
    Mr. Alan W. George , 52
    Chief Investment Officer and Exec. VP
    $ 860.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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