HCP CEO Thomas Herzog's 2021 pay rises 3% to $12M
HCP reports 2021 executive compensation
By ExecPay News
Published: March 17, 2022
HCP reported fiscal year 2021 executive compensation information on March 17, 2022.
In 2021, five HCP executives received on average a compensation package of $5.4M, a 7% increase compared to previous year.
Average pay of disclosed executives at HCP
Thomas M. Herzog, Chief Executive Officer, received $12M in total, which increased by 3% compared to 2020. 61% of Herzog's compensation, or $7.1M, was in stock awards. Herzog also received $3.5M in non-equity incentive plan, $1.2M in salary, as well as $12K in other compensation.
For fiscal year 2021, the median employee pay was $177,521 at HCP. Therefore, the ratio of Thomas M. Herzog's pay to the median employee pay was 66 to one.
Scott M. Brinker, Chief Investment Officer, received a compensation package of $5.2M, which increased by 15% compared to previous year. 52% of the compensation package, or $2.7M, was in stock awards.
Peter A. Scott, Chief Financial Officer, earned $3.8M in 2021, a 10% increase compared to previous year.
Thomas M. Klaritch, Chief Operating Officer, received $3.5M in 2021, which increases by 9% compared to 2020.
Troy E. McHenry, Chief Legal Officer, earned $2.7M in 2021, a 9% increase compared to previous year.
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Source: SEC filing on March 17, 2022.