Farmland Partners Chairman Paul Pittman's 2022 pay rises 20% to $2.1M
Farmland Partners reports 2022 executive compensation
By ExecPay News
Published: March 21, 2023
Farmland Partners reported fiscal year 2022 executive compensation information on March 21, 2023.
In 2022, three executives at Farmland Partners received on average a compensation package of $1.2M, a 36% increase compared to previous year.
Paul A. Pittman, Chairman, received $2.1M in total, which increased by 20% compared to 2021. 36% of Pittman's compensation, or $750K, was in stock awards. Pittman also received $718K in bonus, $575K in salary, as well as $24K in other compensation.
Luca Fabbri, Chief Executive Officer, received a compensation package of $937K, which increased by 16% compared to previous year. 40% of the compensation package, or $377K, was in stock awards.
James Gilligan, Chief Financial Officer, earned $664K in 2022, a 32% increase compared to previous year.