Monday 1 June 2020

Investors: Douglas Elliman’s Howard Lorber is overpaid

Shareholders are sending Vector Group’s C-suite a message — and it’s aimed at their wallets. On Thursday, the publicly traded parent of brokerage Douglas Elliman and new development firm New Valley asked its investors to bless the pay packages its top five executives received last year. And for the second year in a row, shareholders balked. A majority at Vector’s annual stockholder meeting rejected executives’ 2019 compensation, including $11.7 million showered on Elliman chairman Howard



source https://therealdeal.com/2020/06/01/investors-douglas-ellimans-howard-lorber-is-overpaid/

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