Mid-America Apartment Communities CEO H Bolton's 2008 pay jumps 29% to $1.8M

Mid-America Apartment Communities reports 2008 executive compensation

By ExecPay News

Published: April 12, 2010

Mid-America Apartment Communities reported fiscal year 2008 executive compensation information on April 12, 2010.

In 2008, six executives at Mid-America Apartment Communities received on average a compensation package of $850K, a 23% decrease compared to previous year.

Average pay of disclosed executives at Mid-America Apartment Communities

H. Eric Bolton, Jr, Chief Executive Officer, received $1.8M in total, which increased by 29% compared to 2007. 42% of Bolton's compensation, or $752K, was in stock awards. Bolton also received $500 in bonus, $538K in non-equity incentive plan, $404K in salary, as well as $83K in other compensation.

Simon R. C Wadsworth, Chief Financial Officer, received a compensation package of $1.2M, which increased by 30% compared to previous year. 41% of the compensation package, or $490K, was in stock awards.

Simon R.C. Wadsworth, Chief Financial Officer, earned $809K in 2008, a 20% decrease compared to previous year.

Albert M. Campbell, III, Chief Financial Officer, received $463K in 2008.

Thomas L. Grimes, Jr, EVP and Director of Property Management Operations all years, earned $454K in 2008.

James Andrew Taylor, EVP and Director of Asset Management all years, received $401K in 2008.