Ares Management CEO Michael Arougheti's 2021 pay jumps 870% to $71M
Ares Management reports 2021 executive compensation
By ExecPay News
Published: April 28, 2022
Ares Management reported fiscal year 2021 executive compensation information on April 28, 2022.
In 2021, six executives at Ares Management received on average a compensation package of $31M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Ares Management
Michael J Arougheti, Chief Executive Officer, received $71M in total, which increased by 870% compared to 2020. 75% of Arougheti's compensation, or $53M, was in stock awards. Arougheti also received $18M in other compensation.
For fiscal year 2021, the median employee pay was $212,902 at Ares Management. Therefore, the ratio of Michael J Arougheti's pay to the median employee pay was 333 to one.
R. Kipp deVeer, Director, Head of Credit Group, received a compensation package of $45M. 51% of the compensation package, or $23M, was in other compensation.
David B. Kaplan, Co-Founder, earned $23M in 2021, a 59% decrease compared to previous year.
Bennett Rosenthal, Co-Founder, received $23M in 2021, which decreases by 59% compared to 2020.
Michael R. McFerran, Chief Financial Officer, earned $22M in 2021, a 150% increase compared to previous year.
Jarrod Phillips, Chief Financial Officer, received $3.4M in 2021.
Related executives
Michael Arougheti
Ares Management
Chief Executive Officer
R deVeer
Ares Management
Director, Head of Credit Group
David Kaplan
Ares Management
Co-Founder
Bennett Rosenthal
Ares Management
Co-Founder
Jarrod Phillips
Ares Management
Chief Financial Officer
Michael McFerran
Ares Management
Chief Financial Officer
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Source: SEC filing on April 28, 2022.