Franklin Street Properties CFO John Demeritt's 2020 pay stays at $750K
Franklin Street Properties reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Franklin Street Properties reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five executives at Franklin Street Properties received on average a compensation package of $641K, a 1% increase compared to previous year.
Average pay of disclosed executives at Franklin Street Properties
John G. Demeritt, Chief Financial Officer, received $750K in total, which is about the same as previous year. 63% of Demeritt's compensation, or $472K, was in bonus. Demeritt also received $272K in salary and $6K in other compensation.
For fiscal year 2020, the median employee pay was $149,842 at Franklin Street Properties. Therefore, the ratio of John G. Demeritt's pay to the median employee pay was 5 to one.
Jeffrey B. Carter, Chief Investment Officer, received a compensation package of $743K, which is about the same as previous year. 63% of the compensation package, or $465K, was in bonus.
Scott H. Carter, General Counsel, earned $704K in 2020, which is about the same as previous year.
John F. Donahue, Executive Vice President and President of FSP Property Management LLC, received $702K in 2020, which increases by 3% compared to 2019.
George J. Carter, Chief Executive Officer, earned $306K in 2020, which is the same as previous year.
Related executives
George Carter
Franklin Street Properties
Chief Executive Officer
John Demeritt
Franklin Street Properties
Chief Financial Officer
Jeffrey Carter
Franklin Street Properties
Chief Investment Officer
Scott Carter
Franklin Street Properties
General Counsel
John Donahue
Franklin Street Properties
Executive Vice President and President of FSP Property Management LLC
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Source: SEC filing on April 1, 2021.