First Real Estate Investment Trust of New Jersey CEO Robert Hekemian's 2018 pay falls 32% to $364.7K

First Real Estate Investment Trust of New Jersey reports 2018 executive compensation

Published: February 28, 2019

First Real Estate Investment Trust of New Jersey reported fiscal year 2018 executive compensation information on February 28, 2019.

In 2018, four executives at First Real Estate Investment Trust of New Jersey received on average a compensation package of $224.3K, a 7% decrease compared to previous year.

Average pay of disclosed executives at First Real Estate Investment Trust of New Jersey

Robert S. Hekemian, Chief Executive Officer, received $364.7K in total, which decreased by 32% compared to 2017.

Robert S. Hekemian, Jr, Chief Executive Officer, received a compensation package of $234.8K, which increased by 262% compared to previous year. 73.15% of the compensation package, or $171.8K, was in salary.

Donald W. Barney, Chief Financial Officer, earned $194.5K in 2018, a 3% increase compared to previous year.

John A. Aiello, Secretary, received $103K in 2018, which decreases by 39% compared to 2017.

First Real Estate Investment Trust of New Jersey's fiscal year ends on October 31.