Michael Hughes
2021 - Spirit Realty Capital
In 2021, Michael Hughes earned a total compensation of $3.2M as Executive Vice President and Chief Financial Officer at Spirit Realty Capital, a 43% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $945,859 |
|---|---|
| Salary | $477,405 |
| Stock Awards | $1,798,073 |
| Other | $21,940 |
| Total | $3,243,277 |
Hughes received $1.8M in stock awards, accounting for 55% of the total pay in 2021.
Hughes also received $945.9K in non-equity incentive plan, $477.4K in salary and $21.9K in other compensation.
Rankings
In 2021, Michael Hughes' compensation ranked 4,127th out of 12,405 executives tracked by ExecPay. In other words, Hughes earned more than 66.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,127 out of 12,405 | 67th |
Division Finance, Insurance, And Real Estate | 623 out of 2,278 | 73rd |
Major group Real Estate | 36 out of 121 | 70th |
Industry group Real Estate Operators (except Developers) And Lessors | 5 out of 26 | 81st |
Industry Operators of Nonresidential Buildings | 3 out of 18 | 83rd |
Pay ratio
| Michael Hughes' Pay | $3,243,277 |
|---|---|
| Median Employee's Pay | $122,763 |
| Pay Ratio | 26to 1 |
In 2021, the annual total compensation of Michael Hughes was $3,243,277.
The annual total compensation of the median employee at Spirit Realty Capital was $122,763.
The ratio of Michael Hughes' pay to the pay of median employee was therefore 26 to one.
Source: SEC filing on April 8, 2022.
Hughes' colleagues
We found three more compensation records of executives who worked with Michael Hughes at Spirit Realty Capital in 2021.