Agree Realty CEO Joel Agree's 2018 pay jumps 24% to $4.9M
Agree Realty reports 2018 executive compensation
By ExecPay News
Published: March 12, 2019
Agree Realty reported fiscal year 2018 executive compensation information on March 12, 2019.
In 2018, four executives at Agree Realty received on average a compensation package of $1.7M, a 82% increase compared to previous year.
Average pay of disclosed executives at Agree Realty
Joel Agree, Chief Executive Officer, received $4.9M in total, which increased by 24% compared to 2017. 69% of Agree's compensation, or $3.4M, was in stock awards. Agree also received $877K in non-equity incentive plan, $610K in salary, as well as $33K in other compensation.
Laith Hermiz, Chief Operating Officer, received a compensation package of $865K, which increased by 11% compared to previous year. 45% of the compensation package, or $387K, was in stock awards.
Clayton Thelen, Chief Financial Officer, earned $647K in 2018, a 180% increase compared to previous year.
Richard Agree, Chairman, received $469K in 2018, which decreases by 1% compared to 2017.
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Source: SEC filing on March 12, 2019.