Marcus & Millichap CEO Hessam Nadji's 2021 pay jumps 56% to $8.2M
Marcus & Millichap reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
Marcus & Millichap reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five executives at Marcus & Millichap received on average a compensation package of $3.7M, a 100% increase compared to previous year.
Average pay of disclosed executives at Marcus & Millichap
Hessam Nadji, Chief Executive Officer, received $8.2M in total, which increased by 56% compared to 2020. 44% of Nadji's compensation, or $3.6M, was in stock awards. Nadji also received $438K in bonus, $114K of change in pension value and nonqualified deferred compensation earnings, $3.5M in non-equity incentive plan, $563K in salary, as well as $14K in other compensation.
For fiscal year 2021, the median employee pay was $74,425 at Marcus & Millichap. Therefore, the ratio of Hessam Nadji's pay to the median employee pay was 111 to one.
John David Parker, Chief Operating Officer, received a compensation package of $3.5M. 57% of the compensation package, or $2M, was in non-equity incentive plan.
Richard Matricaria, Chief Operating Officer, earned $3.4M in 2021.
Steven F. DeGennaro, Chief Financial Officer, received $2.1M in 2021, which increases by 254% compared to 2020.
Gregory A. LaBerge, Chief Administrative Officer, earned $1.3M in 2021, a 68% increase compared to previous year.
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Source: SEC filing on March 18, 2022.