Business > Commercial Real Estate
Howard Lorber's $1.8M salary at Elliman offset by Vector pay cut
3 monthes ago | By The Real Deal New York
As CEO of newly spun-off Douglas Elliman, Howard Lorber will receive an annual salary of $1.8 million, a recent filing shows. But instead of that being tacked on to what he makes already as Vector Group CEO, it will be subtracted from his Vector compensation package. That figure could go up: Lorber can get a cost-of-living adjustment, and the board of directors of Douglas Elliman has the power to increase - but not decrease
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