Bluerock Residential Growth REIT CEO R Kamfar's 2020 pay jumps 28% to $3.4M

Bluerock Residential Growth REIT reports 2020 executive compensation

By ExecPay News

Published: June 25, 2021

Bluerock Residential Growth REIT reported fiscal year 2020 executive compensation information on June 25, 2021.

In 2020, six executives at Bluerock Residential Growth REIT received on average a compensation package of $1.6M, a 15% increase compared to previous year.

Average pay of disclosed executives at Bluerock Residential Growth REIT

R. Ramin Kamfar, Chief Executive Officer, received $3.4M in total, which increased by 28% compared to 2019. 72% of Kamfar's compensation, or $2.4M, was in stock awards. Kamfar also received $550K in bonus and $400K in salary.

For fiscal year 2020, the median employee pay was $153,300 at Bluerock Residential Growth REIT. Therefore, the ratio of R. Ramin Kamfar's pay to the median employee pay was 22 to one.

Ryan S. MacDonald, Chief Acquisitions Officer, received a compensation package of $1.7M, which increased by 33% compared to previous year. 56% of the compensation package, or $964K, was in stock awards.

Jordan B. Ruddy, Chief Operating Officer, earned $1.4M in 2020, a 10% increase compared to previous year.

Michael L. Konig, Chief Legal Officer, received $1.4M in 2020, which increases by 7% compared to 2019.

James G. Babb, III, Chief Investment Officer, earned $1.2M in 2020, a 10% decrease compared to previous year.

Christopher J. Vohs, Chief Financial Officer, received $587K in 2020, which decreases by 1% compared to 2019.