EastGroup Properties CEO Marshall Loeb's 2020 pay slips 1% to $4.7M
EastGroup Properties reports 2020 executive compensation
By ExecPay News
Published: April 12, 2021
EastGroup Properties reported fiscal year 2020 executive compensation information on April 12, 2021.
In 2020, five executives at EastGroup Properties received on average a compensation package of $2.2M, a 1% decrease compared to previous year.
Average pay of disclosed executives at EastGroup Properties
Marshall A. Loeb, Chief Executive Officer, received $4.7M in total, which decreased by 1% compared to 2019. 53% of Loeb's compensation, or $2.5M, was in stock awards. Loeb also received $1.3M in non-equity incentive plan, $695K in salary, as well as $216K in other compensation.
For fiscal year 2020, the median employee pay was $98,154 at EastGroup Properties. Therefore, the ratio of Marshall A. Loeb's pay to the median employee pay was 48 to one.
Brent W. Wood, Chief Financial Officer, received a compensation package of $2.3M, which increased by 6% compared to previous year. 45% of the compensation package, or $1M, was in stock awards.
John F. Coleman, Executive Vice President, earned $1.7M in 2020, which is about the same as previous year.
R. Reid Dunbar, Senior Vice President, received $1.4M in 2020, which decreases by 4% compared to 2019.
Ryan M. Collins, Senior Vice President, earned $1.1M in 2020, a 6% decrease compared to previous year.
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Source: SEC filing on April 12, 2021.