EastGroup Properties CEO Marshall Loeb's 2019 pay rises 9% to $4.7M
EastGroup Properties reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
EastGroup Properties reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, five executives at EastGroup Properties received on average a compensation package of $2.2M, a 8% increase compared to previous year.
Average pay of disclosed executives at EastGroup Properties
Marshall A. Loeb, Chief Executive Officer, received $4.7M in total, which increased by 9% compared to 2018. 57% of Loeb's compensation, or $2.7M, was in stock awards. Loeb also received $1.2M in non-equity incentive plan, $675K in salary, as well as $143K in other compensation.
For fiscal year 2019, the median employee pay was $90,162 at EastGroup Properties. Therefore, the ratio of Marshall A. Loeb's pay to the median employee pay was 52 to one.
Brent W. Wood, Chief Financial Officer, received a compensation package of $2.2M, which increased by 17% compared to previous year. 49% of the compensation package, or $1.1M, was in stock awards.
John F. Coleman, Executive Vice President, earned $1.7M in 2019, a 7% increase compared to previous year.
R. Reid Dunbar, Senior Vice President, received $1.4M in 2019, which decreases by 3% compared to 2018.
Ryan M. Collins, Senior Vice President, earned $1.2M in 2019, a 5% increase compared to previous year.
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Source: SEC filing on April 9, 2020.