$26M handshakes for Rexford pair as Kilroy CEO makes $7M
Briefly

$26M handshakes for Rexford pair as Kilroy CEO makes $7M
"Former co-CEOs Michael Frankel and Howard Schwimmer's total compensation last year was valued at about $26 million each, primarily from severance pay and stock awards."
"New CEO Laura Clark's total compensation is valued at about $9.5 million, which includes a one-time check for $200,000 for emergency housing expenses after the wildfires."
"Clark's base salary will increase to $850,000 next year, but she will have lower cash incentives compared to her predecessors, indicating a realignment with shareholders' expectations."
"Kilroy's CEO Angela Aman had a total compensation of $7 million last year, which is less than her $11 million total compensation in 2024, reflecting a shift in executive pay."
Rexford's former co-CEOs, Michael Frankel and Howard Schwimmer, had total compensation of about $26 million each, primarily from severance pay and stock awards. New CEO Laura Clark's compensation is valued at $9.5 million, including a one-time check for housing expenses. Her base salary will increase to $850,000 next year, but she will receive lower cash incentives compared to her predecessors. Kilroy's CEO Angela Aman earned $7 million last year, which is less than her previous year's compensation of $11 million.
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