Agree Realty CEO Joel Agree's 2020 pay jumps 35% to $7.3M
Agree Realty reports 2020 executive compensation
By ExecPay News
Published: March 25, 2021
Agree Realty reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five executives at Agree Realty received on average a compensation package of $2.1M, a 27% increase compared to previous year.
Average pay of disclosed executives at Agree Realty
Joel Agree, Chief Executive Officer, received $7.3M in total, which increased by 35% compared to 2019. 48% of Agree's compensation, or $3.5M, was in stock awards. Agree also received $1.5M in bonus, $1.4M in non-equity incentive plan, $793K in salary, as well as $46K in other compensation.
Laith Hermiz, Chief Operating Officer, received a compensation package of $919K, which increased by 14% compared to previous year. 38% of the compensation package, or $350K, was in stock awards.
Danielle Spehar, General Counsel, earned $784K in 2020, a 34% increase compared to previous year.
Craig Erlich, Chief Investment Officer, received $662K in 2020.
Clayton Thelen, Chief Financial Officer, earned $631K in 2020, a 21% decrease compared to previous year.
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Source: SEC filing on March 25, 2021.