Essex Property Trust CEO Michael Schall's 2018 pay rises 17% to $5.4M
Essex Property Trust reports 2018 executive compensation
By ExecPay News
Published: March 26, 2019
Essex Property Trust reported fiscal year 2018 executive compensation information on March 26, 2019.
In 2018, five executives at Essex Property Trust received on average a compensation package of $3.1M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Essex Property Trust
Michael J. Schall, Chief Executive Officer, received $5.4M in total, which increased by 17% compared to 2017. 43% of Schall's compensation, or $2.3M, was in stock awards. Schall also received $1.5M in non-equity incentive plan, $750K in option awards, $800K in salary, as well as $34K in other compensation.
John F. Burkart, Senior Executive Vice President, received a compensation package of $3.1M, which increased by 2% compared to previous year. 42% of the compensation package, or $1.3M, was in stock awards.
Angela L. Kleiman, Chief Financial Officer, earned $2.9M in 2018, a 5% increase compared to previous year.
Craig K. Zimmerman, Chief Investment Officer, received $2.5M in 2018, which decreases by 13% compared to 2017.
John D. Eudy, Chief Investment Officer, earned $1.7M in 2018, a 41% decrease compared to previous year.
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Source: SEC filing on March 26, 2019.