Agree Realty CEO Joel Agree's 2021 pay rises 1% to $7.4M
Agree Realty reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
Agree Realty reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, seven executives at Agree Realty received on average a compensation package of $1.8M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Agree Realty
Joel Agree, Chief Executive Officer, received $7.4M in total, which increased by 1% compared to 2020. 47% of Agree's compensation, or $3.5M, was in stock awards. Agree also received $2.9M in non-equity incentive plan, $875K in salary, as well as $50K in other compensation.
Simon Leopold, Chief Financial Officer, received a compensation package of $1.7M. 74% of the compensation package, or $1.3M, was in bonus.
Craig Erlich, Chief Operating Officer, earned $1.5M in 2021, a 121% increase compared to previous year.
Danielle Spehar, General Counsel, received $826K in 2021, which increases by 5% compared to 2020.
Nicole Witteveen, Executive Vice President, People Culture and Chief of Staff, earned $672K in 2021.
Clayton Thelen, Chief Financial Officer, received $368K in 2021, which decreases by 42% compared to 2020.
Peter Coughenour, Chief Financial Officer, earned $353K in 2021.
Related executives
Joel Agree
Agree Realty
Chief Executive Officer
Peter Coughenour
Agree Realty
Chief Financial Officer
Craig Erlich
Agree Realty
Chief Operating Officer
Simon Leopold
Agree Realty
Chief Financial Officer
Danielle Spehar
Agree Realty
General Counsel
Clayton Thelen
Agree Realty
Chief Financial Officer
Nicole Witteveen
Agree Realty
Executive Vice President, People Culture and Chief of Staff
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Source: SEC filing on March 23, 2022.