HCP CEO Thomas Herzog's 2020 pay rises 15% to $11M
HCP reports 2020 executive compensation
By ExecPay News
Published: March 18, 2021
HCP reported fiscal year 2020 executive compensation information on March 18, 2021.
In 2020, five HCP executives received on average a compensation package of $5M, a 5% increase compared to previous year.
Average pay of disclosed executives at HCP
Thomas M. Herzog, Chief Executive Officer, received $11M in total, which increased by 15% compared to 2019. 71% of Herzog's compensation, or $8M, was in stock awards. Herzog also received $592K in bonus, $1.6M in non-equity incentive plan, $1.2M in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $167,700 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 $4.5M, which increased by 7% compared to previous year. 59% of the compensation package, or $2.6M, was in stock awards.
Peter A. Scott, Chief Financial Officer, earned $3.4M in 2020, a 7% decrease compared to previous year.
Thomas M. Klaritch, Chief Operating Officer, received $3.2M in 2020, which decreases by 11% compared to 2019.
Troy E. McHenry, Chief Legal Officer, earned $2.4M in 2020, a 1% increase compared to previous year.
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Source: SEC filing on March 18, 2021.