Steven P. Grimes
2018
In 2018, Steven P. Grimes earned a total compensation of $5.3M as Chief Executive Officer at Retail Properties of America, a 12% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,651,000 |
|---|---|
| Salary | $850,000 |
| Stock Awards | $2,825,011 |
| Other | $11,406 |
| Total | $5,337,417 |
Grimes received $2.8M in stock awards, accounting for 53% of the total pay in 2018.
Grimes also received $1.7M in non-equity incentive plan, $850K in salary and $11.4K in other compensation.
Rankings
In 2018, Steven P. Grimes' compensation ranked 1,845th out of 14,244 executives tracked by ExecPay. In other words, Grimes earned more than 87.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,845 out of 14,244 | 87th |
Division Finance, Insurance, And Real Estate | 334 out of 2,994 | 89th |
Major group Holding And Other Investment Offices | 97 out of 750 | 87th |
Industry group Miscellaneous Investing | 97 out of 750 | 87th |
Industry Real Estate Investment Trusts | 95 out of 719 | 87th |
Pay ratio
| Steven P. Grimes' Pay | $5,337,417 |
|---|---|
| Median Employee's Pay | $85,953 |
| Pay Ratio | 62to 1 |
In 2018, the annual total compensation of Steven P. Grimes was $5,337,417.
The annual total compensation of the median employee at Retail Properties of America was $85,953.
The ratio of Steven P. Grimes' pay to the pay of median employee was therefore 62 to one.
Source: SEC filing on April 5, 2019.
Grimes' colleagues
We found three more compensation records of executives who worked with Steven P. Grimes at Retail Properties of America in 2018.