Michael J. Franco has been appointed as President, Chief Financial Officer of the Company effective 12/31/2020. He is Executive Vice President - Chief Investment Officer since April 2015; Executive Vice President - Head of Acquisitions and Capital Markets since November 2010; Managing Director (2003-2010) and Executive Director (2001-2003) of the Real Estate Investing Group of Morgan Stanley.
As the President of Vornado Realty Trust, the total compensation of Michael Franco at Vornado Realty Trust is $10,097,300. There are 3 executives at Vornado Realty Trust getting paid more, with Haim Chera having the highest compensation of $26,488,800.
Michael Franco is 51, he's been the President of Vornado Realty Trust since 2019. There are 14 older and 6 younger executives at Vornado Realty Trust. The oldest executive at Vornado Realty Trust is David Mandelbaum, 84, who is the Independent Trustee.
Michael's mailing address filed with the SEC is C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK, NY, 10019.
Over the last 22 years, insiders at Vornado Realty Trust have traded over $137,626,065 worth of Vornado Realty Trust stock and bought 365,641 units worth $7,316,820 . The most active insiders traders include Steven Roth, Realty Trust Vornado, and Michael D Fascitelli. On average, Vornado Realty Trust executives and independent directors trade stock every 70 days with the average trade being worth of $2,639,648. The most recent stock trade was executed by Russell B Jr Wight on 11 July 2024, trading 2,000 units of VNO stock currently worth $56,380.
vornado realty trust is a preeminent owner, manager and developer of office and retail assets. vornado’s portfolio is concentrated in the nation’s key market — new york city — along with the premier asset in both chicago and san francisco. vornado is also the real estate industry leader in sustainability policy. the company owns and manages over 27 million square feet of leed certified buildings and received the energy star partner of the year award, sustained excellence 2020. in 2012, vornado commemorated 50 years on the nyse.
Vornado Realty Trust executives and other stock owners filed with the SEC include: