Ladder Capital CEO Brian Harris' 2020 pay falls 40% to $10M
Ladder Capital reports 2020 executive compensation
By ExecPay News
Published: April 22, 2021
Ladder Capital reported fiscal year 2020 executive compensation information on April 22, 2021.
In 2020, five executives at Ladder Capital received on average a compensation package of $3.7M, a 32% decrease compared to previous year.
Brian Harris, Chief Executive Officer, received $10M in total, which decreased by 40% compared to 2019. 90% of Harris' compensation, or $9M, was in stock awards. Harris also received $1M in salary and $12K in other compensation.
For fiscal year 2020, the median employee pay was $382,006 at Ladder Capital. Therefore, the ratio of Brian Harris' pay to the median employee pay was 26 to one.
Pamela McCormack, President, received a compensation package of $4.3M, which decreased by 17% compared to previous year. 83% of the compensation package, or $3.6M, was in stock awards.
Marc Fox, Chief Financial Officer, earned $1.4M in 2020, a 34% decrease compared to previous year.
Robert Perelman, Head of Asset Management, received $1.3M in 2020, which decreases by 5% compared to 2019.
Kelly Porcella, Chief Administrative Officer, earned $1.2M in 2020, a 6% decrease compared to previous year.