Ladder Capital CEO Brian Harris' 2019 pay slips 3% to $17M
Ladder Capital reports 2019 executive compensation
By ExecPay News
Published: April 27, 2020
Ladder Capital reported fiscal year 2019 executive compensation information on April 27, 2020.
In 2019, five executives at Ladder Capital received on average a compensation package of $5.3M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Ladder Capital
Brian Harris, Chief Executive Officer, received $17M in total, which decreased by 3% compared to 2018. 50% of Harris' compensation, or $8.3M, was in stock awards. Harris also received $7.4M in non-equity incentive plan, $1M in salary, as well as $8.2K in other compensation.
For fiscal year 2019, the median employee pay was $365,738 at Ladder Capital. Therefore, the ratio of Brian Harris' pay to the median employee pay was 46 to one.
Pamela McCormack, President, received a compensation package of $5.2M, which decreased by 4% compared to previous year. 42% of the compensation package, or $2.2M, was in non-equity incentive plan.
Marc Fox, Chief Financial Officer, earned $2.2M in 2019, a 7% decrease compared to previous year.
Robert Perelman, Head of Asset Management, received $1.3M in 2019, which decreases by 8% compared to 2018.
Kelly Porcella, Chief Administrative Officer, earned $1.3M in 2019.
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Source: SEC filing on April 27, 2020.