First Real Estate Investment Trust of New Jersey CEO Robert Hekemian's 2021 pay rises 15% to $469K
First Real Estate Investment Trust of New Jersey reports 2021 executive compensation
By ExecPay News
Published: August 25, 2022
First Real Estate Investment Trust of New Jersey reported fiscal year 2021 executive compensation information on August 25, 2022.
In 2021, three executives at First Real Estate Investment Trust of New Jersey received on average a compensation package of $205K, a 14% increase compared to previous year.
Average pay of disclosed executives at First Real Estate Investment Trust of New Jersey
Robert S. Hekemian, Jr, Chief Executive Officer, received $469K in total, which increased by 15% compared to 2020. 85% of Hekemian's compensation, or $400K, was in salary. Hekemian also received $69K in other compensation.
John A. Aiello, Secretary, received a compensation package of $115K, which increased by 8% compared to previous year. 65% of the compensation package, or $75K, was in other compensation.
Allan Tubin, Chief Financial Officer, earned $30K in 2021, a 18% increase compared to previous year.
First Real Estate Investment Trust of New Jersey's fiscal year ends on October 31.
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Source: SEC filing on August 25, 2022.