Mid-America Apartment Communities CEO H Bolton's 2007 pay rises 15% to $1.4M

Mid-America Apartment Communities reports 2007 executive compensation

By ExecPay News

Published: March 31, 2008

Mid-America Apartment Communities reported fiscal year 2007 executive compensation information on March 31, 2008.
In 2007, three executives at Mid-America Apartment Communities received on average a compensation package of $1.1M, a 10% increase compared to previous year.
Average pay of disclosed executives at Mid-America Apartment Communities
H. Eric Bolton, Jr, Chief Executive Officer, received $1.4M in total, which increased by 15% compared to 2006. 63% of Bolton's compensation, or $863K, was in non-equity incentive plan. Bolton also received $500 in bonus, $389K in salary, as well as $122K in other compensation.
Simon R.C. Wadsworth, Chief Financial Officer, received a compensation package of $1M, which increased by 25% compared to previous year. 56% of the compensation package, or $562K, was in non-equity incentive plan.
Simon R. C Wadsworth, Chief Financial Officer, earned $922K in 2007.

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H Bolton

Mid-America Apartment Communities

Chief Executive Officer

Simon Wadsworth

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Source: SEC filing on March 31, 2008.