AvalonBay Communities, Inc. (0HJO.L)

204.28 -2.49 (-1.20%) As of 06:34PM BST. Market open.

AvalonBay Communities, Inc.

4040 Wilson Boulevard, Suite 1000
Arlington, VA 22203-2120
United States
703 329 6300
https://www.avalonbay.com

Sector(s): 
Industry: 
Full-time employees: 2,978

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Benjamin W. Schall	President, CEO & Director	3.07M	N/A	1975
Mr. Kevin P. O'Shea	Executive VP & CFO	1.83M	N/A	1966
Mr. Sean J. Breslin	Chief Operating Officer	1.97M	N/A	1967
Mr. Matthew H. Birenbaum	Chief Investment Officer	1.93M	N/A	1966
Mr. Edward M. Schulman	Executive VP, General Counsel & Secretary	1.21M	N/A	1963
Ms. Keri A. Shea	Senior VP of Finance, Principal Accounting Officer & Treasurer	N/A	N/A	1970
Ms. Alaine S. Walsh	Executive Vice President of Human Capital & Administration	N/A	N/A	1972
Mr. Jason Reilley	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Kurt D. Conway	Senior Vice President of Brand Strategy & Marketing	N/A	N/A	1960
Mr. Ronald S. Ladell	Senior Vice President of Development - New Jersey	N/A	N/A	1962

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

AvalonBay Communities, Inc. is a Maryland corporation that has elected to be treated as a real estate investment trust ("REIT") for federal income tax purposes under the Internal Revenue Code of 1986, as amended (the "Code"). The Company develops, redevelops, acquires, owns and operates multifamily communities in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. At March 31, 2024, the Company owned or held a direct or indirect ownership interest in 299 operating apartment communities containing 90,673 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development. The Company also owned or held a direct or indirect ownership interest in land or rights to land on which the Company expects to develop an additional 32 communities that, if developed as expected, will contain an estimated 11,167 apartment homes.

Corporate governance

AvalonBay Communities, Inc.’s ISS governance QualityScore as of 1 June 2024 is 6. The pillar scores are Audit: 6; Board: 8; Shareholder rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.