HCP CEO Thomas Herzog's 2019 pay rises 15% to $9.9M
HCP reports 2019 executive compensation
By ExecPay News
Published: March 12, 2020
HCP reported fiscal year 2019 executive compensation information on March 12, 2020.
In 2019, five HCP executives received on average a compensation package of $4.8M, a 20% decrease compared to previous year.
Average pay of disclosed executives at HCP
Thomas M. Herzog, Chief Executive Officer, received $9.9M in total, which increased by 15% compared to 2018. 60% of Herzog's compensation, or $5.9M, was in stock awards. Herzog also received $3M in non-equity incentive plan, $1M in salary, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $145,000 at HCP. Therefore, the ratio of Thomas M. Herzog's pay to the median employee pay was 68 to one.
Scott M. Brinker, Chief Investment Officer, received a compensation package of $4.2M, which decreased by 59% compared to previous year. 45% of the compensation package, or $1.9M, was in stock awards.
Peter A. Scott, Chief Financial Officer, earned $3.7M in 2019, a 3% increase compared to previous year.
Thomas M. Klaritch, Chief Operating Officer, received $3.6M in 2019, which increases by 8% compared to 2018.
Troy E. McHenry, Chief Legal Officer, earned $2.4M in 2019, a 26% decrease compared to previous year.
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Source: SEC filing on March 12, 2020.