Alexandria Real Estate Equities Founder Joel Marcus' 2020 pay rises 7% to $12M

Alexandria Real Estate Equities reports 2020 executive compensation

By ExecPay News

Published: April 16, 2021

Alexandria Real Estate Equities reported fiscal year 2020 executive compensation information on April 16, 2021.

In 2020, seven executives at Alexandria Real Estate Equities received on average a compensation package of $7.1M, a 9% increase compared to previous year.

Average pay of disclosed executives at Alexandria Real Estate Equities

Joel S. Marcus, Founder, received $12M in total, which increased by 7% compared to 2019. 42% of Marcus' compensation, or $5M, was in stock awards. Marcus also received $2M in bonus, $864K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $1.1M in salary, as well as $431K in other compensation.

Stephen A. Richardson, Chief Executive Officer, received a compensation package of $8.1M, which decreased by 3% compared to previous year. 72% of the compensation package, or $5.8M, was in stock awards.

Peter M. Moglia, Chief Executive Officer, earned $8M in 2020, a 3% decrease compared to previous year.

Daniel J. Ryan, Chief Investment Officer, received $7.8M in 2020, which increases by 12% compared to 2019.

Dean A. Shigenaga, Chief Financial Officer, earned $7.1M in 2020, a 2% decrease compared to previous year.

John H. Cunningham, Executive Vice President Regional Market Director, received $3.7M in 2020, which increases by 1% compared to 2019.

Vincent R. Ciruzzi, Chief Development Officer, earned $3.4M in 2020, a 1% increase compared to previous year.