How Much Does the Simon Property Group CEO Make?
David Simon, CEO of Simon Property Group, earned $13.0M in total compensation in 2024, including $6.5M in stock awards and $1,300,000 in base salary.
This page answers a common executive-compensation question: How Much Does the Simon Property Group CEO Make?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
David Simon leads Simon Property Group (SPG), a Retail REITs company with approximately 2,500 employees. In the 2024 proxy statement filed with the SEC, David Simon's total compensation of $13,000,000 included $1,300,000 in base salary, $0 in cash bonus, $6,500,000 in stock awards, and $1,560,000 in option awards.
The CEO-to-median-worker pay ratio at Simon Property Group is 186:1, meaning the CEO earns 186x the median worker's pay of $70,000. Over the past three years, Simon Property Group produced a total shareholder return of 17.0% against 6.0% revenue growth. Our Pay-for-Performance Score rates the alignment as C (64/100).
In the most recent say-on-pay vote, 96.4% of shareholders approved the executive compensation plan. Strong shareholder support signals broad approval of the pay package.
Key Data
| Component | Amount |
|---|---|
| Total Compensation | $13,000,000 |
| Base Salary | $1,300,000 |
| Stock Awards | $6,500,000 |
| Option Awards | $1,560,000 |
| Non-Equity Incentive | $1,950,000 |
| CEO-to-Worker Pay Ratio | 186:1 |
| Pay-Performance Grade | C |
Frequently Asked Questions
David Simon, CEO of Simon Property Group, earned $13.0M in total compensation in 2024, including $6.5M in stock awards and $1,300,000 in base salary.
David Simon is the chief executive officer of Simon Property Group (SPG).
The CEO at Simon Property Group earns approximately 186 times the median worker's pay of $70,000.
In 2024, total compensation of $13,000,000 was composed of $1,300,000 base salary, $0 cash bonus, $6,500,000 stock awards, $1,560,000 option awards, and $1,950,000 in non-equity incentive compensation.
Our Pay-for-Performance Score rates Simon Property Group as C (64/100), based on three-year total shareholder return of 17.0%, revenue growth of 6.0%, and shareholder say-on-pay vote approval.
David Simon, CEO of Simon Property Group, earned $13.0M in total compensation in 2024, including $6.5M in stock awards and $1,300,000 in base salary.
Source: SEC EDGAR DEF 14A proxy statements, 2026.