EastGroup Properties CEO Marshall Loeb's 2018 pay slips 19% to $4.4M
EastGroup Properties reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
EastGroup Properties reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five executives at EastGroup Properties received on average a compensation package of $2.1M, a 9% decrease compared to previous year.
Marshall A. Loeb, Chief Executive Officer, received $4.4M in total, which decreased by 19% compared to 2017. 58% of Loeb's compensation, or $2.5M, was in stock awards. Loeb also received $1.1M in non-equity incentive plan, $650K in salary, as well as $87K in other compensation.
For fiscal year 2018, the median employee pay was $89,366 at EastGroup Properties. Therefore, the ratio of Marshall A. Loeb's pay to the median employee pay was 49 to one.
Brent W. Wood, Chief Financial Officer, received a compensation package of $1.8M, which decreased by 21% compared to previous year. 45% of the compensation package, or $829K, was in stock awards.
John F. Coleman, Executive Vice President, earned $1.6M in 2018, a 28% decrease compared to previous year.
R. Reid Dunbar, Senior Vice President, received $1.5M in 2018, which increases by 90% compared to 2017.
Ryan M. Collins, Senior Vice President, earned $1.1M in 2018, a 60% increase compared to previous year.