Boston Properties CEO Owen Thomas' 2020 pay slips 10% to $11M

Boston Properties reports 2020 executive compensation

By ExecPay News

Published: April 2, 2021

Boston Properties reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, five executives at Boston Properties received on average a compensation package of $5.9M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Boston Properties
Owen D. Thomas, Chief Executive Officer, received $11M in total, which decreased by 10% compared to 2019. 81% of Thomas' compensation, or $8.6M, was in stock awards. Thomas also received $1.2M in non-equity incentive plan, $900K in salary, as well as $18K in other compensation.
For fiscal year 2020, the median employee pay was $108,126 at Boston Properties. Therefore, the ratio of Owen D. Thomas' pay to the median employee pay was 99 to one.
Douglas T. Linde, President, received a compensation package of $7.1M, which decreased by 12% compared to previous year. 76% of the compensation package, or $5.4M, was in stock awards.
Raymond A. Ritchey, Senior Executive Vice President, earned $5.9M in 2020, a 10% decrease compared to previous year.
Michael E. LaBelle, Chief Financial Officer, received $3.3M in 2020, which decreases by 11% compared to 2019.
Bryan J. Koop, Executive Vice President, Boston Region, earned $2.4M in 2020, a 22% decrease compared to previous year.

Related executives

Owen Thomas

Boston Properties

Chief Executive Officer

Douglas Linde

Boston Properties

President

Raymond Ritchey

Boston Properties

Senior Executive Vice President

Michael LaBelle

Boston Properties

Chief Financial Officer

Bryan Koop

Boston Properties

Executive Vice President, Boston Region

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Source: SEC filing on April 2, 2021.