Highwoods Properties CEO Theodore Klinck's 2020 pay jumps 58% to $3.3M
Highwoods Properties reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
Highwoods Properties reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at Highwoods Properties received on average a compensation package of $1.7M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Highwoods Properties
Theodore J. Klinck, Chief Executive Officer, received $3.3M in total, which increased by 58% compared to 2019. 50% of Klinck's compensation, or $1.7M, was in stock awards. Klinck also received $878K in non-equity incentive plan, $688K in salary, as well as $90K in other compensation.
For fiscal year 2020, the median employee pay was $74,328 at Highwoods Properties. Therefore, the ratio of Theodore J. Klinck's pay to the median employee pay was 45 to one.
Mark F. Mulhern, Chief Financial Officer, received a compensation package of $1.7M, which increased by 1% compared to previous year. 42% of the compensation package, or $699K, was in stock awards.
Brian M. Leary, Chief Operating Officer, earned $1.6M in 2020, a 30% increase compared to previous year.
Jeffrey D. Miller, General Counsel, received $1.2M in 2020, which is about the same as previous year.
Brendan C. Maiorana, Executive Vice President of Finance and Treasurer, earned $686K in 2020, a 8% increase compared to previous year.
Related executives
Theodore Klinck
Highwoods Properties
Chief Executive Officer
Mark Mulhern
Highwoods Properties
Chief Financial Officer
Brian Leary
Highwoods Properties
Chief Operating Officer
Jeffrey Miller
Highwoods Properties
General Counsel
Brendan Maiorana
Highwoods Properties
Executive Vice President of Finance and Treasurer
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Source: SEC filing on March 26, 2021.