Highwoods Properties CEO Theodore Klinck's 2021 pay jumps 23% to $4.1M
Highwoods Properties reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
Highwoods Properties reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, five executives at Highwoods Properties received on average a compensation package of $2M, a 21% increase compared to previous year.
Average pay of disclosed executives at Highwoods Properties
Theodore J. Klinck, Chief Executive Officer, received $4.1M in total, which increased by 23% compared to 2020. 46% of Klinck's compensation, or $1.9M, was in stock awards. Klinck also received $1.4M in non-equity incentive plan, $675K in salary, as well as $116K in other compensation.
For fiscal year 2021, the median employee pay was $74,958 at Highwoods Properties. Therefore, the ratio of Theodore J. Klinck's pay to the median employee pay was 54 to one.
Mark F. Mulhern, Chief Financial Officer, received a compensation package of $2M, which increased by 20% compared to previous year. 40% of the compensation package, or $790K, was in stock awards.
Brian M. Leary, Chief Operating Officer, earned $2M in 2021, a 20% increase compared to previous year.
Jeffrey D. Miller, General Counsel, received $1.4M in 2021, which increases by 18% compared to 2020.
Brendan C. Maiorana, Executive Vice President of Finance and Treasurer, earned $807K in 2021, a 18% 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 31, 2022.