Capstead Mortgage CEO Phillip Reinsch's 2019 pay falls 25% to $1.9M
Capstead Mortgage reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Capstead Mortgage reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, four executives at Capstead Mortgage received on average a compensation package of $1.5M, a 20% decrease compared to previous year.
Phillip A. Reinsch, Chief Executive Officer, received $1.9M in total, which decreased by 25% compared to 2018. 49% of Reinsch's compensation, or $947K, was in stock awards. Reinsch also received $305K in non-equity incentive plan, $625K in salary, as well as $57K in other compensation.
For fiscal year 2019, the median employee pay was $249,000 at Capstead Mortgage. Therefore, the ratio of Phillip A. Reinsch's pay to the median employee pay was 8 to one.
Robert R. Spears, Jr, Chief Investment Officer, received a compensation package of $1.9M, which decreased by 25% compared to previous year. 49% of the compensation package, or $909K, was in stock awards.
Roy S. Kim, Senior Vice President, Treasurer, earned $1.3M in 2019, a 20% decrease compared to previous year.
Lance J. Phillips, Chief Financial Officer, received $1.1M in 2019, which increases by 10% compared to 2018.