First Real Estate Investment Trust of New Jersey CEO Robert Hekemian receives $348K in 2007
First Real Estate Investment Trust of New Jersey reports 2007 executive compensation
By ExecPay News
Published: February 28, 2008
First Real Estate Investment Trust of New Jersey reported fiscal year 2007 executive compensation information on February 28, 2008.
In 2007, three executives at First Real Estate Investment Trust of New Jersey received on average a compensation package of $167K.
Robert S. Hekemian, Chief Executive Officer, received $348K in total. 59% of Hekemian's compensation, or $205K, was in salary. Hekemian also received $18K of change in pension value and nonqualified deferred compensation earnings and $125K in other compensation.
Donald W. Barney, Chief Financial Officer, received a compensation package of $111K. 49% of the compensation package, or $55K, was in other compensation.
John A. Aiello, Secretary, earned $42K in 2007.
First Real Estate Investment Trust of New Jersey's fiscal year ends on October 31.