EastGroup Properties CEO David Hoster's 2008 pay rises 12% to $1.6M
EastGroup Properties reports 2008 executive compensation
By ExecPay News
Published: April 28, 2009
EastGroup Properties reported fiscal year 2008 executive compensation information on April 28, 2009.
In 2008, five executives at EastGroup Properties received on average a compensation package of $923K, a 10% increase compared to previous year.
Average pay of disclosed executives at EastGroup Properties
David H. Hoster II, Chief Executive Officer, received $1.6M in total, which increased by 12% compared to 2007. 32% of Hoster's compensation, or $525K, was in salary. Hoster also received $214K in bonus, $370K in non-equity incentive plan, $512K in stock awards, as well as $20K in other compensation.
N. Keith McKey, Chief Financial Officer, received a compensation package of $924K, which increased by 6% compared to previous year. 34% of the compensation package, or $317K, was in salary.
John F. Coleman, Senior Vice President, earned $712K in 2008, a 9% increase compared to previous year.
William D. Petsas, Senior Vice President, received $693K in 2008, which increases by 8% compared to 2007.
Brent W. Wood, Senior Vice President, earned $647K in 2008, a 11% increase compared to previous year.
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Source: SEC filing on April 28, 2009.