EastGroup Properties CEO David Hoster's 2007 pay slips 11% to $1.5M

EastGroup Properties reports 2007 executive compensation

By ExecPay News

Published: April 28, 2008

EastGroup Properties reported fiscal year 2007 executive compensation information on April 28, 2008.
In 2007, five executives at EastGroup Properties received on average a compensation package of $843K, a 12% decrease compared to previous year.
Average pay of disclosed executives at EastGroup Properties
David H. Hoster II, Chief Executive Officer, received $1.5M in total, which decreased by 11% compared to 2006. 32% of Hoster's compensation, or $475K, was in salary. Hoster also received $133K in bonus, $428K in non-equity incentive plan, $415K in stock awards, as well as $19K in other compensation.
N. Keith McKey, Chief Financial Officer, received a compensation package of $869K, which decreased by 18% compared to previous year. 35% of the compensation package, or $305K, was in salary.
John F. Coleman, Senior Vice President, earned $653K in 2007, a 14% decrease compared to previous year.
William D. Petsas, Senior Vice President, received $642K in 2007, which decreases by 14% compared to 2006.
Brent W. Wood, Senior Vice President, earned $582K in 2007, a 2% increase compared to previous year.

Related executives

David Hoster

EastGroup Properties

Chief Executive Officer

N McKey

EastGroup Properties

Chief Financial Officer

John Coleman

EastGroup Properties

Executive Vice President

William Petsas

EastGroup Properties

Senior Vice President

Brent Wood

EastGroup Properties

Chief Financial Officer

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Source: SEC filing on April 28, 2008.