Velarion · Company Intelligence
CompBrief
Fiscal year 2024

James Farrar — FY2024 total compensation $2,326,635

James Farrar is Chief Executive Officer of City Office REIT, Inc. (CIO). The company reported total compensation of $2,326,635 for fiscal year 2024.

01

Fiscal year 2024 compensation

Salary$525,000
Bonus$656,250
Stock awards$1,054,368
Option awards$0
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$91,017
Total$2,326,635

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure City Office REIT, Inc. filed March 12, 2025, accession 0001193125-25-052437.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2024Chief Executive Officer$525,000$656,250$1,054,368$0$0$0$91,017$2,326,635
FY2023Chief Executive Officer$525,000$551,250$1,203,940$0$0$0$98,198$2,378,388
FY2022Chief Executive Officer$475,000$475,000$2,067,352$0$0$0$101,188$3,118,540

Totals as disclosed in each year's own compensation disclosure for City Office REIT, Inc..

04

The other named executive officers of City Office REIT, Inc.

Named executive officerRoleFY2024 total
Gregory TyleeChief Operating Officer and President$2,326,635
James Farrar this pageChief Executive Officer$2,326,635
Anthony MareticChief Financial Officer, Secretary and Treasurer$1,358,605

The company's named executive officers for fiscal year 2024, and what it reported for each. See the full City Office REIT, Inc. compensation brief.

05

The company page

James Farrar's compensation sits inside City Office REIT, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The City Office REIT, Inc. (CIO) compensation brief