SL Green Realty Adjusts Executive Bonus Calculation Method

Sl Green Realty Corp. (SLG) has released an update to notify the public and investors about its officers.

Matthew DiLiberto and SL Green Realty Corp. amended his employment agreement to change his annual bonus calculation method. Now, DiLiberto’s potential bonus can reach up to 250% of his base salary, with 60% based on pre-set goals by the Compensation Committee (Formulaic Component), and the remaining 40% being at the Committee’s discretion (Non-Formulaic Component). Other than this change, the original employment agreement terms remain unchanged.

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For a comprehensive understanding of the announcement, you can read the full document here.