First Real Estate Investment Trust of New Jersey CEO Robert Hekemian's 2022 pay jumps 77% to $831K
First Real Estate Investment Trust of New Jersey reports 2022 executive compensation
By ExecPay News
Published: April 28, 2023
First Real Estate Investment Trust of New Jersey reported fiscal year 2022 executive compensation information on April 28, 2023.
In 2022, three executives at First Real Estate Investment Trust of New Jersey received on average a compensation package of $330K, a 61% 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 $831K in total, which increased by 77% compared to 2021. 60% of Hekemian's compensation, or $500K, was in salary. Hekemian also received $331K in other compensation.
John A. Aiello, Secretary, received a compensation package of $118K, which increased by 3% compared to previous year. 66% of the compensation package, or $78K, was in other compensation.
Allan Tubin, Chief Financial Officer, earned $40K in 2022, a 33% 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 April 28, 2023.