Paramount Group CEO Albert Behler's 2018 pay slips 6% to $9.8M
Paramount Group reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
Paramount Group reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, six executives at Paramount Group received on average a compensation package of $3.5M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Paramount Group
Albert Behler, Chief Executive Officer, received $9.8M in total, which decreased by 6% compared to 2017. 55% of Behler's compensation, or $5.4M, was in stock awards. Behler also received $2.5M in non-equity incentive plan, $575K in option awards, $1.1M in salary, as well as $211K in other compensation.
For fiscal year 2018, the median employee pay was $98,538 at Paramount Group. Therefore, the ratio of Albert Behler's pay to the median employee pay was 99 to one.
Wilbur Paes, Chief Financial Officer, received a compensation package of $3.9M, which increased by 19% compared to previous year. 46% of the compensation package, or $1.8M, was in stock awards.
Peter Brindley, Executive Vice President, Leasing, earned $2.2M in 2018, a 23% increase compared to previous year.
Jolanta Bott, Former Executive Vice President, Operations and Human Resources, received $2.1M in 2018, which decreases by 37% compared to 2017.
David Zobel, Executive Vice President, Head of Acquisitions, earned $1.7M in 2018.
Gage Johnson, General Counsel, received $1.1M in 2018.
Related executives
Albert Behler
Paramount Group
Chief Executive Officer
Wilbur Paes
Paramount Group
Chief Financial Officer
Peter Brindley
Paramount Group
Executive Vice President, Head of Real Estate
David Zobel
Paramount Group
Former Executive Vice President, Head of Acquisitions
Gage Johnson
Paramount Group
General Counsel
Jolanta Bott
Paramount Group
Former Executive Vice President, Operations and Human Resources
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Source: SEC filing on April 5, 2019.