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.
Average pay of disclosed executives at Ladder Capital
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.

Related executives

Brian Harris

Ladder Capital

Chief Executive Officer

Pamela McCormack

Ladder Capital

President

Marc Fox

Ladder Capital

Chief Financial Officer

Robert Perelman

Ladder Capital

Head of Asset Management

Kelly Porcella

Ladder Capital

Chief Administrative Officer

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Source: SEC filing on April 22, 2021.