Brookdale Senior Living CEO Lucinda Baier's 2021 pay falls 25% to $5.3M
Brookdale Senior Living reports 2021 executive compensation
By ExecPay News
Published: May 2, 2022
Brookdale Senior Living reported fiscal year 2021 executive compensation information on May 2, 2022.
In 2021, six executives at Brookdale Senior Living received on average a compensation package of $1.9M, a 32% decrease compared to previous year.
Average pay of disclosed executives at Brookdale Senior Living
Lucinda M. Baier, Chief Executive Officer, received $5.3M in total, which decreased by 25% compared to 2020. 52% of Baier's compensation, or $2.8M, was in stock awards. Baier also received $100K in bonus, $1.5M in non-equity incentive plan, $938K in salary, as well as $8.9K in other compensation.
For fiscal year 2021, the median employee pay was $24,035 at Brookdale Senior Living. Therefore, the ratio of Lucinda M. Baier's pay to the median employee pay was 221 to one.
Steven E. Swain, Chief Financial Officer, received a compensation package of $2.2M, which decreased by 22% compared to previous year. 43% of the compensation package, or $963K, was in stock awards.
Chad C. White, General Counsel, earned $1.2M in 2021, a 7% decrease compared to previous year.
Cindy R. Kent, Former Executive Vice President and President - Senior Living Community Operations, received $1M in 2021, which decreases by 50% compared to 2020.
H. Todd Kaestner, Executive Vice President - Corporate Development and President - CCRCs, earned $1M in 2021, a 9% increase compared to previous year.
Kevin W. Bowman, Executive Vice President - Community Operations, received $771K in 2021.
Related executives
Lucinda Baier
Brookdale Senior Living
Chief Executive Officer
Steven Swain
Brookdale Senior Living
Chief Financial Officer
Kevin Bowman
Brookdale Senior Living
Executive Vice President - Community Operations
Chad White
Brookdale Senior Living
General Counsel
H Kaestner
Brookdale Senior Living
Executive Vice President - Corporate Development and President - CCRCs
Cindy Kent
Brookdale Senior Living
Former Executive Vice President and President - Senior Living Community Operations
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Source: SEC filing on May 2, 2022.