Highlands REIT CEO Richard Vance's 2020 pay slips 1% to $2.8M

Highlands REIT reports 2020 executive compensation

By ExecPay News

Published: March 18, 2021

Highlands REIT reported fiscal year 2020 executive compensation information on March 18, 2021.
In 2020, four executives at Highlands REIT received on average a compensation package of $1.9M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Highlands REIT
Richard Vance, Chief Executive Officer, received $2.8M in total, which decreased by 1% compared to 2019. 42% of Vance's compensation, or $1.2M, was in bonus. Vance also received $585K in salary, $1M in stock awards, as well as $21K in other compensation.
Paul Melkus, Chief Financial Officer, received a compensation package of $2.3M, which increased by 30% compared to previous year. 57% of the compensation package, or $1.3M, was in other compensation.
Robert Lange, General Counsel, earned $2.1M in 2020, a 17% increase compared to previous year.
Kimberly Karas, Treasurer, Senior Vice President, Controller and Principal Accounting Officer, received $485K in 2020.

Related executives

Richard Vance

Highlands REIT

Chief Executive Officer

Paul Melkus

Highlands REIT

Chief Financial Officer

Robert Lange

Highlands REIT

Chief Operating Officer

Kimberly Karas

Highlands REIT

Chief Accounting Officer

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Source: SEC filing on March 18, 2021.