"Coleman's total compensation was valued at about $25 million in 2024, which included $22 million in upfront equity awards aimed at retention and stockholder alignment, despite the company losing $364 million that year."
"In 2025, Coleman's total compensation dropped to less than $3 million, as he voluntarily forfeited his 2024 performance-based equity awards and received no equity awards, coinciding with a $572 million loss for the company."
"The board of directors for Hudson Pacific Properties eliminated the front-loaded equity award structure for 2026, instituted more rigorous performance requirements for maximum payouts, and reduced target compensation opportunities."
Victor Coleman, CEO of Hudson Pacific Properties, saw his compensation drop from $25 million in 2024 to under $3 million in 2025. This change followed shareholder concerns about his pay relative to company performance, especially after a $364 million loss in 2024 and a $572 million loss in 2025. Coleman forfeited his 2024 performance-based equity awards, and the board eliminated the front-loaded equity award structure for 2026, instituting stricter performance requirements and reducing target compensation. Other L.A. REITs showed varied compensation trends among their CEOs.
Read at therealdeal.com
Unable to calculate read time
Collection
[
|
...
]