Marcus & Millichap CEO Hessam Nadji's 2020 pay slips 9% to $5.3M
Marcus & Millichap reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
Marcus & Millichap reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, four executives at Marcus & Millichap received on average a compensation package of $1.9M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Marcus & Millichap
Hessam Nadji, Chief Executive Officer, received $5.3M in total, which decreased by 9% compared to 2019. 64% of Nadji's compensation, or $3.4M, was in stock awards. Nadji also received $147K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $502K in salary, as well as $28K in other compensation.
For fiscal year 2020, the median employee pay was $73,800 at Marcus & Millichap. Therefore, the ratio of Hessam Nadji's pay to the median employee pay was 71 to one.
Martin E. Louie, Senior Vice President and Director of Corporate Initiatives, received a compensation package of $782K, which decreased by 8% compared to previous year. 39% of the compensation package, or $304K, was in salary.
Gregory A. LaBerge, Chief Administrative Officer, earned $779K in 2020, a 12% increase compared to previous year.
Steven F. DeGennaro, Chief Financial Officer, received $582K in 2020.
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Source: SEC filing on March 19, 2021.